Turnkey investment opportunity with strong cash flow located on a quiet street just off Lakeshore dr. Total of 12 Units (11-2 Bedrooms/1-1 Bedroom) This turnkey 12-unit residential purpose built complex delivers immediate cash flow and has seen major renovations to every unit including all kitchens, bathrooms, flooring, trim, lighting, paint and more. Cap rate at 6.27%, Gross rental income is $305,709.12 with expenses (including management, vacancy, and maintenance) estimated at $86,470, resulting in a solid net income before financing of $219,239. Other notable features are: All rents plus hydro, hot water boiler system, 13 parking spaces and security doors. Within walking distance bus route on Lakeshore dr, restaurants, shopping mall, Shoppers Drug mart, Cineplex and Lake Nipissing access close by. Immediate cash flow after mortgage payment plus significant principle recapture makes this a solid investment opportunity. Photos are previous to tenants moving in.
23 bedrooms, 12 bathrooms, about 5,000 sq ft, works out to roughly $699 per square foot. Chat with Zara if you'd like a deeper read on whether this multiplex fits your budget and timing.
Inside 14 Milford Cres
Every detail from the listing, in one place.
Type
Multiplex
Style
3-Storey
Living space
5000 + sq ftas stated on the listing
Parking
13 spaces
Basement
None
Features & systems
Parking & garage
Parking spaces
13
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
3-Storey
Property class
Multiplex
14 Milford Cres Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14101536$3,495,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 14 Milford Cres Compares to the North Bay Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$17,170
/mo
based on the purchase price of $3,495,000
$699,000 cash
$2,796,000 financed
$2,354,966 total interest
Principal54%$2,796,000
Interest46%$2,354,966
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
Own a home on Milford Crescent? See what yours is worth
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 14 Milford Cres 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.
Zara, any time
Zara · AI virtual agent
Ask about 14 Milford Cres day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
A licensed local agent
Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
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.
Similar homes for sale nearby in North Bay
Other 22-bed homes for sale in North Bay around $3.5M.
Average days on market26Homes sold in about 26 days on average.
Sale-to-list ratio98.8%On average, homes sold below asking.
Active listings183Homes for sale here right now.
Median vs prior 90 days−4.0%Compared with Apr 25 – Jul 24, 2026: prices down.
Based on 334 sales from Jul 24 – Oct 22, 2026 (176 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 14 Milford Cres
How much is 14 Milford Cres listed for?
14 Milford Cres is listed at $3,495,000 (MLS® X14101536). Summitly updates the price as soon as the MLS® record changes.
Is $3,495,000 a good price for 14 Milford Cres?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in North Bay. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 14 Milford Cres changed?
No — 14 Milford Cres is still listed at its original asking price of $3,495,000.
How many bedrooms and bathrooms does 14 Milford Cres have?
14 Milford Cres has 23 bedrooms and 12 bathrooms, with about 5,000 square feet of living space. It is a multiplex in North Bay.
How much would the monthly mortgage be on 14 Milford Cres?
About $17,170 a month — principal and interest on $3,495,000 with 20% down ($699,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 14 Milford Cres compare with other homes in North Bay?
Its asking price of $3,495,000 is about 722% above the median sold price in North Bay over the last 90 days, $425,000, across 334 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.
Has 14 Milford Cres been sold before?
Summitly has no earlier MLS® sale or lease of 14 Milford Cres on record from the last two years. Older records aren't shown under TRREB rules.
Where is 14 Milford Cres?
14 Milford Cres is in North Bay, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 14 Milford Cres been on the market?
1 day — 14 Milford Cres was listed on October 21, 2026.
What is the price per square foot of 14 Milford Cres?
About $699 per square foot: the asking price of $3,495,000 over the 5,000 sq ft the listing gives.
Does 14 Milford Cres have parking or a garage?
Yes — the listing gives 13 parking spaces.
Does 14 Milford Cres have a basement, and is it finished?
