Listed for:Listed 6 days ago
$950,000

860 Worthington Street E

North Bay (Central), ON P1B 1J4

Multiplex For Sale
Down Payment AssistanceGet Best Mortgage Rates

Sale & Price History for 860 Worthington Street E, 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 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

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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

$
North Bay, ON
Minimum Down Payment Required:7.4%

5% on first $500K + 10% on $450,000 over $500K

Minimum down payment

$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
Are you a first time home buyer?

Land Transfer Tax

Provincial

$15,475

Total Land Transfer Tax

$15,475

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