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840-842 WORTHINGTON STREET E, North Bay (Central) — listed at $499,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Recently renovated legal duplex in fantastic condition. Exterior and decks freshly painted. Both units feature renovated kitchens, new flooring, and fresh paint throughout. The main floor offers 3 bedrooms and a full unfinished basement, rented at $2,200 plus gas and hydro. The upper unit is rented at $1,600 plus gas and hydro. $3,800 in monthly rent, with tenants covering utilities. Nothing to do but collect. A strong addition to any investor's portfolio. (id:60164)
Is this a good starter home?+
At $499,000, this is priced in starter-home territory for North Bay (Central). With multiple bedrooms, it has room to grow into. Factor in property taxes when calculating your true monthly cost.
How is the home heated? Is it efficient?+
Heating is natural gas, other. Gas heating is generally the most cost-efficient option in Ontario winters.
How is the space laid out across floors?+
This is a 2-storey multi-family. The 5 bedrooms and 2 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
Does it have a basement, and is it finished?+
Yes — Unfinished, N/A. A finished basement adds meaningful living space beyond the listed square footage.
Is there air conditioning?+
No central cooling is listed. Budget for portable or window units, or get a quote for adding central air — typically $5,000–$10,000 installed.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $3,698, heating is natural gas, other. Always verify the latest figures with your agent before making an offer — these change yearly.
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