Affordable Opportunity in the Heart of North Bay - Ideal for First-Time Buyers or Investors!Why rent when you could own for approximately $1,339/month? Welcome to 475 Algonquin Ave, a centrally located duplex offering incredible potential for first-time buyers looking to break into the market or investors seeking a solid income-producing property. This legal non-conforming duplex features a main floor 2 bedroom unit & second floor 1 bedroom unit with separate front & rear entrances, making it a flexible option for rental income, multi-generational living, or living in one unit while offsetting your mortgage with the other. Perfect for assisting with your mortgage costs with the option of renting the other unit. The upstairs unit is currently tenanted with wonderful tenants who would like to stay if possible. Conveniently situated on a bus route & just minutes from shopping, banks, schools, & only 5 mins to North Bay's beautiful waterfront, this property offers the kind of location tenants & homeowners appreciate. Inside, you'll find a mix of hardwood, carpet, & linoleum flooring, gas heat, and an unfinished basement with additional storage potential. With a little TLC, this property could truly shine and become an excellent addition to your investment portfolio or a smart step into home ownership. Affordable. Centrally located. Income producing. Opportunities like this don't come along often! Property is being sold "As Is, Where Is." condition with no representations & warranties. Please note that neighbour has right of way in driveway.
| Kitchen | 3.63 × 2.79 m | Window Backsplash |
| Living Room | 3.91 × 3.20 m | Window Broadloom |
| Bathroom | 2.36 × 0.74 m | 4 Pc Bath Window Linoleum |
| Bedroom 3 | 3.51 × 0.74 m | Window Closet Broadloom |
| Kitchen | 4.17 × 3.17 m | Sliding Doors W/O To Deck Window |
| Bedroom 2 | 2.49 × 2.24 m | Window Linoleum |
| Bathroom | 1.96 × 1.70 m | 4 Pc Bath Linoleum |
| Living Room | 3.73 × 3.38 m | Window Broadloom |
| Bedroom | 3.25 × 2.69 m | Window Broadloom |
*Estimates based on comparable rentals in the area. Actual income may vary.
Based on active listings in North Bay. Data updates daily.
Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.
How walkable, bikeable, and transit-friendly this neighbourhood is.
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MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. 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. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.
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