555 Main Street, North Bay, ON
Property no longer active
This property was sold on February 11, 2026. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 3-Storey multiplex located in the coveted neighborhood of Central. Expertly crafted featuring premium brick veneer and vinyl siding construction, this residence presents an exceptional opportunity offered at $1,299,900 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.
- 13 Bedrooms and 7 Bathrooms with 6 functional kitchens
- Generous living space spanning 5000 + sqft on a premium 74.55 x 86.9 ft lot
- Features a partially finished, partial basement basement, adding superb versatility for recreation, a home gym, or extra storage
- 9.0 total parking spaces available
- Notable attributes: Separate Heating Controls, Separate Hydro Meter
- equipped with other central cooling and highly efficient water heating via gas
Description
A fully completed Fire Inspection Order will be ready at the beginning of 2026. Discover the exceptional potential of this premium 6-unit multiplex, a rare opportunity offering both high cash flow and low maintenance. Each generously sized unit provides a spacious, comfortable living environment and delivers an excellent return on investment. Ideally located within walking distance to the beach, downtown, and major shopping areas, this property captures the very essence of what makes North Bay so desirable. Enhance your investment with practical amenities such as coin-operated laundry and dedicated parking, including six resident spaces and three additional spots for guests. Beyond its strong financial appeal, this multiplex boasts impressive curb appeal with classic brick architecture and a striking tower feature that adds timeless grandeur. Residents will also enjoy back balconies that offer sweeping water views-an everyday reminder of the property's prime location. The property seamlessly blends functionality with aesthetics, making it not only a smart investment but also a proud piece of North Bay's architectural charm. Seize this incredible opportunity to own a piece of real estate that enriches your portfolio and reflects the vibrant spirit of a thriving community. NO VACANCIES. Photos are from various vacancies over the years. This is truly a must-see-property shows even better in person.**
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Property Summary
This multiplex located at 555 Main Street, North Bay is currently for sale and has been available on SousaSells for 306 days. This property is listed at $1,299,900 with an estimated mortgage of $4,327* per month. It has 13 beds, 7 bathrooms, and is 5000 + square feet. 555 Main Street, North Bay is in the Central neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Beach, Lake/Pond, Place Of Worship, Marina, Park, Public Transit
Interior Features
Separate Heating Controls, Separate Hydro Meter
Security Features
None
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 555 Main Street W, North Bay, ON P1B 2V3
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in North Bay, ON
For a property listed at $1,299,900 in North Bay, the legal minimum down payment is $259,980 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $22,473 for this transaction. As this listing is in North Bay (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $22,473.
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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.