Listed for:Listed Jun 29, 2026
$1,110,000

745 Morin Street

North Bay (Central), ON P1B 5S1

Multiplex For Sale
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Sale & Price History for 745 Morin Street, North Bay, Central

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 745 Morin Street, North Bay, Central

Summarized Description

  • Meticulously maintained purpose-built triplex.
  • Turnkey investment with strong returns.
  • Two 3-bedroom and one 2-bedroom units.
  • Fully occupied with reliable tenants.
  • Shared laundry provides additional income.
  • Private balconies and on-site parking available.
  • Minimal maintenance for long-term success.
  • Gross income approximately $86,400 annually.

Pride of ownership is evident throughout this meticulously maintained purpose-built triplex, offering investors a true turnkey opportunity with strong, reliable returns. Extensively updated over the years, this high-performing income property features two spacious 3-bedroom units and one 2-bedroom unit, along with shared coin-operated laundry that provides additional income. The building is fully occupied and has been operated as a non-smoking, pet-free property. With an excellent unit mix, on-site parking, private balconies, tenant storage, separate hydro meters, and minimal maintenance requirements, this property is well-positioned for continued long-term success. Currently generating approximately $86,400 in gross annual income and an estimated net operating income of $58,149 it, represents a solid addition to any investment portfolio. Detailed income and expense information are available to qualified buyers upon request. Roof has recently been re-shingled 2026.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$5,221
Land Transfer Tax Fee
$18,675

Rental Items

Rental Equipment
Hot water tank

Basement Type
Finished, Full

Interior Features

Interior Extras
Floor Drain, Separate Hydro Meter, Water Meter
Security Features
Smoke Detector, Carbon Monoxide Detectors
Fireplace/Stove
No
Elevator
No

Exterior Features

Exterior Extras
Year Round Living, Deck
Pool
None

Building

Building Type
Multiplex
Building Style
2-Storey
Approx Age
51-99

Construction

Exterior Finish
Brick
Roof
Asphalt Shingle
Foundation Details
Concrete Block
Special Designation
Unknown

Lot

Lot Front
50.00 ft
Lot Depth
125.00 ft
Lot Shape
Rectangular

Inclusions

Inclusions
3 x Fridge, 3 x Stoves, 1 coin operated washer and dryer

Exclusions

Exclusions
tenants personal belongings

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
4
Total Garage And Parking Spaces
4

Heating & Cooling

Heat Source
Gas
Heat Type
Radiant
Air Conditioning
None
Water
Municipal
Sewers
Sewer

Bedrooms
6 + 2
Washrooms
3
Kitchens
3

Washrooms

  • 4-piece, Lower
  • 4-piece, Main
  • 4-piece, Second

Municipality
North Bay
Neighbourhood
Central
Main cross streets
High St
Zoning
R2
Directions
745 Morin St between High St and Rose Ave

MLS® number
X13501156
Data source
Toronto Regional Real Estate Board
Listed on
2026-06-29
Updated on
2026-10-08
Days on market
108 days
Possession type
Flexible
Co-op commission
2
Seller
Listed by
Royal LePage Northern Life Realty, Brokerage

Home Market Value

Current home valuation for 745 Morin Street, North Bay, Central, North Bay, ON. Listed for $1,110,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 745 Morin Street, North Bay, Central

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

Insufficient Data
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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
North Bay, ON
Minimum Down Payment Required:7.7%

5% on first $500K + 10% on $610,000 over $500K

Minimum down payment

$86,000

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$40,937$30,969$26,418$0
=Total mortgage
$1,064,357$1,029,969$969,918$888,000
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$5,197monthly$5,029monthly$4,736monthly$4,336monthly
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Land Transfer Tax

Provincial

$18,675

Total Land Transfer Tax

$18,675

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