523 First Avenue, North Bay, ON

$929,000
MLS#:X12362377
9 beds
10 baths
2000-2500 sqft
6.0 parking
Residential Freehold
Loading property media...

Description

Property Highlights

Welcome to this remarkable ["3-Storey"] multiplex located in the coveted neighborhood of Central. Expertly crafted featuring premium vinyl siding and brick construction, this residence presents an exceptional opportunity offered at $929,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 9 Bedrooms and 10 Bathrooms with 9 functional kitchens
  • Generous living space spanning 2000-2500 sqft on a premium 44 x 128 ft lot
  • Features a ["separate entrance", "apartment"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available
  • Notable attributes: Separate Heating Controls, Suspended Ceilings, Upgraded Insulation
  • equipped with ["none"] central cooling and highly efficient baseboard heating via gas

Attention investors! This well-maintained 9-bachelor unit property has income of $112,752, with the potential to increase without any renovations. The convenient location to downtown and transportation access to the hospital and university make this a desirable spot for students and single working professionals. With 0% vacancy rate, this gem is easy to rent with the bonus of low maintenance and easy management. The year 2024 gas $4434, hydro $3063, water/waste $1953, insurance $6719. This property is well-maintained and has numerous upgrades in the last 7 years. Responsible tenants. All pay rent on time, online. Fire inspection done in July 2025; all deficiencies were addressed.

Schedule a Tour

Contact us to schedule a private viewing of this property.

Contact Agent

Generate CMA Report

Key Features

Bedrooms
9
Bathrooms
10
Kitchens
9
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateSeptember 25, 2025
Sold price information is available to members only
Listed Date8/23/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeMultiplex
ConstructionVinyl Siding, Brick
Lot Size44 × 128 Feet
CountyNipissing
Annual Tax$13,674
Legal DescriptionPL LT 390 PL 21 WIDDFIELD AS IN NB 156802 NORTH BAY, DISTRICT OF NIPISSING

Parking & Garage

Parking Spaces6.0
Garage Spaces6
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeBaseboard
Cooling["None"]

Features

Property Features

Public Transit

Community Features

Location

Initializing map...
523 First Avenue, North Bay, ON
Loading local market trends...

Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 523 First Avenue E, North Bay, ON P1B 1K5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
Loading stats...

Properties in this area are selling at a steady pace.

Market Trend
Calculating trend...
Financial Audit

Estimated Costs

Loan Amount$743,200
Monthly Mortgage$4,318
Property Tax (Est.)$1,140
Utilities & Maint.$350
Total Monthly Cost$5,808

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in North Bay.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Central, North Bay.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$424,773

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Saint-Vincent
Public124 King Street East, North Bay, Ontario, P1B 1P2
3.0
Mother St Bride
Public414 Second Avenue West, North Bay, Ontario, P1B 3L2
0.9
Alliance
Public700 Stones Street, North Bay, Ontario, P1B 6C1
5.9
St Hubert
Public850 Lorne Avenue, North Bay, Ontario, P1B 8M2
4.1
Saints-Anges
Public681 Chippewa Street West, North Bay, Ontario, P1B 6G8
4.3

Secondary Schools

Algonquin
Public555 Algonquin Avenue, North Bay, Ontario, P1B 4W8
3.1
St. Joseph-Scollard Hall
Catholic675 O'Brien Street, North Bay, Ontario, P1B 9R3
5.4
Chippewa
Public539 Chippewa Street West, North Bay, Ontario, P1B 6G8
5.5
Odyssée
Public480 Norman Avenue, North Bay, Ontario, P1B 0A8
6.9

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

Need more details or a custom CMA?

Generate a full market evaluation or explore city guides using the sidebar links.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.