ON > North Bay > Central
North Bay, ON P1B 1Z3,337 Wyld ST
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North Bay, ON P1B 1Z3,337 Wyld ST
North Bay, ON P1B 1Z3,337 Wyld ST
North Bay, ON P1B 1Z3,337 Wyld ST
North Bay, ON P1B 1Z3,337 Wyld ST
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Giancarlo Morales

Giancarlo Morales

+1(416) 882-8048
$ 649,900
Est. payment /mo
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Active

337 Wyld ST North Bay, ON P1B 1Z3

4 Beds

5 Baths

UPDATED:

Key Details

Property Type Commercial

Sub Type Store W Apt/Office

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2500-3000

Subdivision Central

MLS Listing ID X12016575

Style 2-Storey

Bedrooms 4

Annual Tax Amount $10,804

Tax Year 2025

Property Sub-Type Store W Apt/Office

Lot Depth 34.75

Lot Front 58.08

Property Description

Discover this thriving investment opportunity strategically located within walking distance to amenities, public transportation and beautiful Lake Nipissing. This well cared for, low maintenance building combines a long-term commercial tenant (Raven Hair Salon) and a small retail shop on the main floor with two updated two-bedroom apartments on the upper floor. The roof (shingles and membrane) was replaced in October 2022. There is a shared laundry on upper floor. The main floor is heated by gas forced air furnace while the upper apartments are heated by hydro (4 meters in back basement). Financially, this property supports a good cap rate generating a gross annual income of $76,620, providing consistent rental income from the secure, commercial leases ensuring steady cash flow from the residential leases. Don't miss out on this chance to secure a lucrative addition to your investment portfolio.

Location

Province ON

County Nipissing

Community Central

Area Nipissing

Rooms

Family Room No

Basement Separate Entrance, Unfinished

Kitchen 2

Interior

Interior Features Carpet Free, Separate Heating Controls, Separate Hydro Meter, Storage, Sump Pump, Water Heater, Water Meter

Cooling Central Air

Fireplaces Number 2

Inclusions 1 washer & dryer (upstairs, furniture in apartments (see brokerage remarks), 2 stoves (in apartments), 2 refrigerators/small refrigerator

Exterior

Parking Features Street Only

Pool None

Roof Type Membrane,Shingles

Lot Frontage 58.08

Lot Depth 34.75

Building

Foundation Block

Others

Senior Community No

Security Features Carbon Monoxide Detectors,Other,Security System,Smoke Detector

Listed by Royal LePage Northern Life Realty, Brokerage
agent

Giancarlo Morales

Sales Representative | License ID: 9560751

+1(416) 882-8048

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