407 Ferguson Street North Bay, Ontario P1B 1X3
$597,000
Prime investment opportunity in the heart of North Bay's downtown core. This mixed-use commercial and residential property offers a strong combination of stable income and long-term upside. The main level features a fully equipped restaurant space with a finished basement and two washrooms, secured with a long-term lease in place, providing immediate, reliable cash flow. The property also includes two well-maintained 1-bedroom residential units on the upper levels, adding diversified rental income. Strategically positioned on a high-exposure corner in one of the city's busiest corridors, surrounded by established retailers, offices, and essential amenities, ensuring consistent foot traffic and tenant demand. Extensive renovations and upgrades have been completed throughout, showcasing quality finishes and reducing near-term capital expenditure. Income Highlights: Commercial Lease: $2,610/month + HST. Tenant pays 100% hydro (separately metered), 70% heat & water covered. Residential Unit: Currently rented at $1,400/month (all-inclusive). An additional residential unit offers further income potential. (id:49269)
Property Details
| MLS® Number | X13083094 |
| Property Type | Retail |
| Community Name | Central |
| Amenities Near By | Public Transit, Recreation |
| Equipment Type | Water Heater |
| Farm Type | Other |
| Rental Equipment Type | Water Heater |
Building
| Bathroom Total | 4 |
| Age | 51 To 99 Years |
| Cooling Type | None |
| Heating Fuel | Natural Gas |
| Heating Type | Hot Water Radiator Heat |
| Size Exterior | 1600 Sqft |
| Size Interior | 1,600 Sqft |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Public Transit, Recreation |
| Size Irregular | 0.021 |
| Size Total | 0.021 Ac |
| Size Total Text | 0.021 Ac |
| Zoning Description | C-1 |
https://www.realtor.ca/real-estate/29700627/407-ferguson-street-north-bay-central-central
Contact Us
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®)
May 05 2026 05:28:02
North Bay and Area REALTORS® Association
Revel Realty Inc. Brokerage