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 $489,900 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.
Positioned in the highly accessible West Ferris neighbourhood of North Bay off Lakeshore Drive, this purpose-built multi-residential investment property presents a compelling opportunity for investors seeking stable income potential in a prime waterfront-adjacent location. This raised brick bungalow comprises five self-contained units, including 1 one bedroom unit and 4 bachelor units. Ideally situated directly across from Lake Nipissing and along Jessup Creek, this property is zoned for a 5-plex as well as C7 offering a multitude of conversions including short-term rental. Just minutes along Lakeshore Drive, residents enjoy close proximity to shopping, restaurants, recreational facilities, transit routes, and public beach access, further enhancing long-term rental desirability. Set on a generous 51.84 FT x 100 FT lot, the property also offers ample on-site parking - a valuable asset for multi-unit residential holdings. With its strong location fundamentals, this is an exceptional opportunity to expand or strengthen a real estate investment portfolio.
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Greenbelt/Conservation, Public Transit
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No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 668 Lakeshore Drive, North Bay, ON P1A 2G2
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.
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