Welcome to this remarkable [] investment located in the coveted neighborhood of Ferris. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $899,900 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.
Welcome to 12 Mowat Crescent, a high-performing waterfront asset on the shores of Lake Nipissing in North Bay, for investors seeking cash flow and upside. This C7-zoned property offers maximum flexibility with a layout ideally suited for multi-unit income. Configured across two levels, the property features two full kitchens, separate living spaces, five total bedrooms, two bathrooms, and dual laundry-an ideal setup for duplex conversion, short-term rental (Airbnb), or hybrid income strategies. The main level delivers strong tenant appeal with open-concept living and direct walkout to a large waterfront patio, while the upper level captures premium lake views and can operate independently, maximizing rental potential across both units. This separation can allow investors to generate multiple income streams from a single asset. Positioned on sought-after Lake Nipissing, the property is primed for both long-term tenancy and high-demand short-term rentals, driven by year-round tourism, waterfront lifestyle demand, and limited inventory. The zoning removes barriers, unlocking options for Airbnb, multi-residential use, or live-and-rent strategies. Whether you're targeting strong monthly cash flow, seasonal premium rents, or long-term appreciation, 12 Mowat Crescent checks every box: location, zoning, layout, and scalability.
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Data-driven valuation for 12 Mowat Crescent, North Bay, ON P1A 1R5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
No schools found within 3 km of this property.
No current listings found in North Bay.
Comprehensive city-wide demographics, local real estate stats, and school rankings for Ferris, North Bay.
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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.