997 Hammond Street North Bay (Central), Ontario P1B 2H6
$349,900
INVESTOR ALERT - Exceptional 10.36% CAP Rate on a Prime Corner Lot! This massive 2,139 sq. ft. triplex offers a significant cash-flow opportunity in central North Bay. The property is uniquely configured with a rear 2-bedroom, 1-bathroom bungalow-style unit occupied by a stable, 7-year tenant, providing immediate guaranteed income. The front of the building consists of two spacious 2-storey units, each featuring 2 bedrooms and 1 bathroom. These front units are delivered vacant, offering a prime opportunity for an investor to refresh the spaces to their own standards and set current market rents to maximize ROI. Situated on a prominent corner lot at the end of a quiet street, the property features impressive vaulted ceilings that create a high-end feel. This powerhouse addition to any portfolio includes a detached garage and ample parking for 5 vehicles. Some Photos Virtually Augmented. (id:49269)
Property Details
| MLS® Number | X12839348 |
| Property Type | Multi-family |
| Community Name | Central |
| AmenitiesNearBy | Park, Public Transit |
| Features | Cul-de-sac, Flat Site |
| ParkingSpaceTotal | 5 |
Building
| BathroomTotal | 3 |
| BedroomsAboveGround | 6 |
| BedroomsTotal | 6 |
| Age | 100+ Years |
| Appliances | Stove, Refrigerator |
| BasementType | Crawl Space |
| CeilingType | Suspended Ceiling |
| CoolingType | None |
| ExteriorFinish | Vinyl Siding |
| FoundationType | Stone |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 2000 - 2500 Sqft |
| Type | Triplex |
| UtilityWater | Municipal Water |
Parking
| Detached Garage | |
| Garage |
Land
| Acreage | No |
| LandAmenities | Park, Public Transit |
| Sewer | Sanitary Sewer |
| SizeDepth | 100 Ft |
| SizeFrontage | 40 Ft |
| SizeIrregular | 40 X 100 Ft |
| SizeTotalText | 40 X 100 Ft |
| ZoningDescription | Residential 3rd Density - Triplex |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Main Level | Laundry Room | 2.68 m | 2.4 m | 2.68 m x 2.4 m |
| Main Level | Living Room | 2.78 m | 3.62 m | 2.78 m x 3.62 m |
| Main Level | Kitchen | 3.05 m | 3.2 m | 3.05 m x 3.2 m |
| Main Level | Kitchen | 3.76 m | 3.45 m | 3.76 m x 3.45 m |
| Main Level | Bedroom | 2.54 m | 3.2 m | 2.54 m x 3.2 m |
| Main Level | Bedroom 2 | 2.38 m | 2.3 m | 2.38 m x 2.3 m |
| Main Level | Bathroom | 1.74 m | 1.48 m | 1.74 m x 1.48 m |
| Main Level | Living Room | 3.48 m | 3.63 m | 3.48 m x 3.63 m |
| Main Level | Living Room | 4.48 m | 3.46 m | 4.48 m x 3.46 m |
| Main Level | Kitchen | 3.56 m | 2.78 m | 3.56 m x 2.78 m |
| Upper Level | Bathroom | 0.8 m | 2.41 m | 0.8 m x 2.41 m |
| Upper Level | Bedroom | 2.39 m | 2.15 m | 2.39 m x 2.15 m |
| Upper Level | Bedroom | 2.09 m | 3.69 m | 2.09 m x 3.69 m |
| Upper Level | Bathroom | 0.62 m | 2.4 m | 0.62 m x 2.4 m |
| Upper Level | Bedroom | 4.46 m | 3.43 m | 4.46 m x 3.43 m |
| Upper Level | Bedroom | 3.2 m | 2.41 m | 3.2 m x 2.41 m |
https://www.realtor.ca/real-estate/29420625/997-hammond-street-north-bay-central-central
Interested?
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
March 18 2026 04:27:21
North Bay Real Estate Board
Realty Executives Local Group Inc. Brokerage