
860 Worthington Street E
North Bay (Central), ON P1B 1J4
- 8Bedrooms
- 4Bathrooms
- 8Parking
- 3500–5000Sq Ft
- $9,378Tax
- 60×132 ftLot Size
- Free EstimateSee Free Estimate Report
Sale & Price History for 860 Worthington Street E, North Bay, Central
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 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 860 Worthington Street E, North Bay, Central
Summarized Description
- Solid fourplex offering strong cash flow.
- Four spacious 2-bedroom units available.
- Freshly updated unit ready for market rent.
- Efficient radiant in-floor heating included.
- Gross income exceeds $90,000 annually.
- Attractive 7.71% cap rate for investors.
- Low operating costs with separate utilities.
- Great opportunity for value-add potential.
Strong Cash Flow & Excellent Investment Potential! This solid fourplex is an outstanding opportunity for investors seeking attractive returns and value-add potential. Featuring four spacious, bright 2-bedroom units with efficient radiant in-floor heating on the main floor, gas forced air on the second floor, and in-suite laundry hookups, this property generates over $90,000 in gross annual income. Three units currently rent for $1,950/month, with tenants paying their own utilities(separate gas and hydro meters), keeping operating expenses to a minimum. The fourth unit is currently vacant and freshly updated, offering an excellent opportunity to set market rent and maximize income. With a compelling 7.71% cap rate, low operating costs, and additional rental income potential, this property is well suited for both seasoned investors and those looking to expand their portfolio. Cash flow statement available upon request.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $9,378
- Land Transfer Tax Fee
- $15,475
- Basement Type
- None
Interior Features
- Interior Extras
- Air Exchanger
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
Building
- Building Type
- Multiplex
- Building Style
- 2-Storey
Construction
- Exterior Finish
- Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation Details
- Slab
- Special Designation
- Unknown
Lot
- Lot Front
- 60.00 ft
- Lot Depth
- 132.00 ft
Inclusions
- Inclusions
- 4 Fridges, 4 Stoves
Exclusions
- Exclusions
- Tenant belongings
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
- Parking Spaces
- 8
- Total Garage And Parking Spaces
- 8
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Radiant
- Air Conditioning
- Window Unit(s)
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 8
- Washrooms
- 4
- Kitchens
- 4
Washrooms
- 4-piece, Second
- 4-piece, Ground
- Municipality
- North Bay
- Neighbourhood
- Central
- Main cross streets
- John Street
- Directions
- North on John Street, East on Worthington to Sign
- MLS® number
- X14103222
- Data source
- Toronto Regional Real Estate Board
- Listed on
- 2026-10-21
- Updated on
- 2026-10-22
- Days on market
- 6 days
- Possession type
- Immediate
- Co-op commission
- 2
- Seller
- Listed by
- REALTY EXECUTIVES Local Group Inc. Brokerage
Home Market Value
Current home valuation for 860 Worthington Street E, North Bay, Central, North Bay, ON. Listed for $950,000
HOMEH Estimate
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Estimated Sales Range
—
HOMEH Estimate for 860 Worthington Street E, North Bay, Central
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $450,000 over $500K
$70,000
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $35,188 | $26,505 | $22,610 | $0 |
=Total mortgage | $914,888 | $881,505 | $830,110 | $760,000 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $4,467monthly | $4,304monthly | $4,053monthly | $3,711monthly |
Land Transfer Tax
$15,475
$15,475
Around this home
No schools found nearby
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