$499,900
3.78 BTC
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Map
586 Main Street, North Bay
$499,900
PRICE
5 + 1
BEDROOMS
4
BATHROOMS
X12679990
MLSID

586 Main Street, North Bay

Excellent investment opportunity in downtown North Bay. This solid income property features three self-contained 1-bedroom units plus a legal 3-room rooming house on the second floor, offering strong and consistent cash flow. Numerous upgrades completed within the past 3-6 years include fresh paint, new flooring, updated kitchens and bathrooms, a 200-amp electrical panel, and owned furnace and hot water tank replaced approximately 3 years ago. Tenants enjoy on-site coin laundry and an unbeatable location within walking distance to shopping, restaurants, public transit, GoodLife Fitness, and the waterfront. A rare, high-performing asset in a prime location-tenants love the convenience, and investors will love the returns.
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Summary

Address
586 Main Street
Community
MLSID
X12679990
Property Type
Fourplex
Property Category
Bedrooms
5 + 1
Bathrooms
4
Kitchens
3 + 1
Zoning
C2
Taxes (Annual)
$3,539.37
Tax Year
2025
Published
January 9, 2026
Days on Market
4 Days
Possession Type
Flexible
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Inclusions

Refrigerators, Stoves

Exclusions

Tenants personal items

Details

Security Features
Carbon Monoxide Detectors, Monitored, Smoke Detector
Bathroom 1
3-Piece Lower Level
Bathroom 2
4-Piece Main Level
Bathroom 3
4-Piece Second Level
Bathroom 4
4-Piece Third Level
Basement
Apartment
Interior Features
Storage, Water Heater Owned
Parking Spaces
2
Parking Total
2
Parking Features
Other
Architectural Style
2 1/2 Storey
Roof
Shingles
Construction Materials
Brick
Lot Size
0 Acres
Lot Width
30 Feet
Lot Depth
100 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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