668 Lakeshore Drive North Bay, Ontario P1A 2G2
$489,900
Positioned in the highly accessible West Ferris neighbourhood of North Bay off Lakeshore Drive, this purpose-built multi-residential investment property presents a compelling opportunity for investors seeking stable income potential in a prime waterfront-adjacent location. This raised brick bungalow comprises five self-contained units, including 1 Bachelor suite and 4 one bedroom units. Ideally situated directly across from Lake Nipissing and along Jessup Creek, this property is zoned for a 5-plex as well as C7 offering a multitude of conversions including short-term rental. Just minutes along Lakeshore Drive, residents enjoy close proximity to shopping, restaurants, recreational facilities, transit routes, and public beach access, further enhancing long-term rental desirability. Set on a generous 51.84 FT x 100 FT lot, the property also offers ample on-site parking - a valuable asset for multi-unit residential holdings. With its strong location fundamentals, this is an exceptional opportunity to expand or strengthen a real estate investment portfolio. (id:47351)
Business
| Business Type | Residential |
| Business Sub Type | Apartments |
Property Details
| MLS® Number | X13211498 |
| Property Type | Multi-family |
| Community Name | Ferris |
| Amenities Near By | Public Transit |
| Equipment Type | Water Heater |
| Features | Irregular Lot Size, Conservation/green Belt |
| Parking Space Total | 10 |
| Rental Equipment Type | Water Heater |
Building
| Bathroom Total | 5 |
| Age | 51 To 99 Years |
| Cooling Type | None |
| Heating Type | Baseboard Heaters |
| Size Interior | 2,098 Sqft |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Public Transit |
| Size Depth | 100 Ft |
| Size Frontage | 51 Ft ,10 In |
| Size Irregular | 0.1729 |
| Size Total | 0.1729 Ac |
| Size Total Text | 0.1729 Ac |
| Zoning Description | Rm1 Sp.154, C7 |
https://www.realtor.ca/real-estate/29821858/668-lakeshore-drive-north-bay-ferris-ferris
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May 28 2026 11:07:02
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