North Bay, ON · · MLS® X14145458Updated
$399,999
1009 Algonquin Ave is a 5-bathroom investment in North Bay, listed for $399,999.
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. (PRE-INSPECTED for your peace of mind) 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 month-to-month lease (all in one paint shop) and the other on a two-year lease (Manga Market). Both commercial tenants pay their own hydro. The 3 residential units consist of 2 one-bedroom and 1 two-bedroom apartments. All three units are vacant, 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 $399,999 — book a tour to see if it fits your search.
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Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
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Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
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Closed sales on the TRREB MLS®.
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Listing brokerage: Revel Realty Inc. BrokerageMLS® X14145458 · 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.
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Every active North Bay MLS® listing, updated all day.
Curated MLS® searches this property belongs to — same city, same shape of home.
Based on 307 sales from Aug 6 – Nov 4, 2026 (213 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 $399,999 (MLS® X14145458). Summitly updates the price as soon as the MLS® record changes.
No — 1009 Algonquin Ave is still listed at its original asking price of $399,999.
1009 Algonquin Ave has 5 bathrooms. It is a commercial property in North Bay.
Its asking price of $399,999 is about 6% below the median sold price in North Bay over the last 90 days, $425,000, across 307 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.
1 day — 1009 Algonquin Ave was listed on November 3, 2026.
About $4,475 in Ontario land transfer tax at the asking price of $399,999. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
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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.
