North Bay, ON · · MLS® X13707952Updated
$424,999
1009 Algonquin Ave is a 5-bathroom investment in North Bay, listed for $424,999.
Coldwell Banker Summit Realty, BrokerageZara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Investor opportunity in North Bay !1009 Algonquin Avenue, A 5-unit mixed-use investment property. This is a retail or office building with 3 residential apartments, offering both commercial income and residential upside. The property has 2 commercial units currently generating approximately $2,000 per month combined, with one on a one-year lease and the other on a two-year lease. Both commercial tenants pay their own hydro. The 3 residential units consist of 2 one-bedroom and 1 two-bedroom apartment. All three will be vacant by August 30, giving the new owner the opportunity to choose their own tenants. The property has five separate hydro meters and approximately four parking spaces at the rear, with potential for two additional spaces on the side. When fully rented, the property generated approximately $78,000 per year, with historical expenses (excluding mortgage) of approximately $16,000 to $18,000 per year. If you're looking for a property with existing commercial income and strong residential upside, this one is worth a look.
North Bay investment priced at $424,999 — book a tour to see if it fits your search.Ask Zara a follow-up
Every detail from the listing, in one place.
Lot & land
Listing & possession
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works
Closed sales on the TRREB MLS®.
Full North Bay market reportTransit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.
Loading schools, parks, groceries and more nearby…
From 1009 Algonquin Ave. Typical times without traffic delays; transit times aren't available yet.
For homeowners nearby
Get an instant estimate for your own home, based on recent sales around you. A free account shows the number and emails you the full report.
Free · No obligation · Backed by Coldwell Banker
Book a tour of 1009 Algonquin Ave with a licensed buyer's agent
Your agent is usually paid from the seller's side. We'll confirm the co-operating commission on this listing before you sign anything.
Ask about 1009 Algonquin Ave day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
Listing brokerage: Revel Realty Inc. BrokerageMLS® X13707952 · Listing data last updated
Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. 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. © 2026 Toronto Regional Real Estate Board. All rights reserved.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. 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 Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Other homes for sale in North Bay around $425K.
Homes for sale in North Bay
Every active North Bay MLS® listing, updated all day.
Curated MLS® searches this property belongs to — same city, same shape of home.
Based on 342 sales from Jul 13 – Oct 11, 2026 (168 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
1009 Algonquin Ave is listed at $424,999 (MLS® X13707952). Summitly updates the price as soon as the MLS® record changes.
Yes — it was first listed at $449,999 and is now $424,999, a drop of $25,000 (5.6%).
1009 Algonquin Ave has 5 bathrooms. It is a commercial property in North Bay.
Its asking price of $424,999 is about the same as the median sold price in North Bay over the last 90 days, $428,750, across 342 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Summitly has no earlier MLS® sale or lease of 1009 Algonquin Ave on record from the last two years. Older records aren't shown under TRREB rules.
1009 Algonquin Ave is in North Bay, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
48 days — 1009 Algonquin Ave was listed on August 24, 2026.
About $4,975 in Ontario land transfer tax at the asking price of $424,999. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
The listing for 1009 Algonquin Ave doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for North Bay.
The listing for 1009 Algonquin Ave doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
