This Triplex Income Property is located close to shopping, the library, downtown, public transportation and the waterfront. Two units face Ferguson, a one bedroom rented for $966+hydro and a vacant two bedroom unit to pick your own tenant can be rented for $1300+hydro & gas. Facing Fourth Avenue is the 4 Bedroom unit rented for $1592. This is a fantastic investment property for the savvy investor with a net income of $46,300. It is also a perfect home for someone looking to live in the 2 Bedroom unit and renting the other 2 units as mortgage helpers.
Choice and nearby schools may not serve this home. Please check the school district website to see all schools serving this home.
0.2km
École Séparée Saint-Vincent
Public, JK-6 • Nearby
0.6km
École Secondaire Cochrane
Public, 9-12 • Nearby
Provided by Local Logic
Lifestyle
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Kitchen
Bedroom
Interior features
Unfinished basement
Heating & cooling
Natural gas heating
Baseboard heat
No cooling
Exterior features
Asphalt roof
North-facing
Home design
Residential income property
Triplex
2-storey
Parking
Private parking
4 parking spaces
Construction
Metal siding
Utilities
Public water
Other
Zoning: R3
Electricity and solar
View estimated energy costs and solar savings for this home
Sale and tax history for 106 Fourth Ave W
Sale History
Tax History
Date
Event
Price
TREB #X13760958
Sep 9, 2026
Listed
$399,900
TREB #X13530082
Aug 14, 2026
Price Changed
$429,900
Jul 6, 2026
Listed
$449,900
TREB #X12221795
Sep 27, 2025
Delisted
—
Jul 14, 2025
Price Changed
$459,000
Jun 23, 2025
Price Changed
$489,900
Jun 13, 2025
Listed
$509,900
+9
Legal Triplex in Prime North Bay Location. Strong Cash Flow & Huge Potential! Welcome to 106 Fourth Ave. West, North Bay a rare opportunity to own a fully tenanted, legal triplex in a high-demand location just steps from shopping, transit, downtown and the library. Total Net Income: $31,500. 3 Self-Contained Units: 1-Bedroom Rented at $946 + hydro, 2-Bedroom Rented at $1,238 + hydro and 4-Bedroom Rented at $1,559 (facing Fourth Ave. ) This property offers flexibility and income:Investors enjoy immediate returns with great tenants in place. Owner-occupiers can move into one unit and let the other units pay your mortgage. Insurance: $2000, Gas: $2100, Hydro: $3000 and Water: $2400.
TREB #X12220745
Jun 13, 2025
Listed
$489,900
CREA #1
Jun 5, 2020
Price Changed
$315,000
As the MLS and public records start to fill up, we'll list the details here.
Public record
Beds
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Lot width
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Lot depth
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Lot size
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Year renovated
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Finished Sq. Ft.
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Unfinished Sq. Ft.
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Total Sq. Ft.
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Year built
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Style
Single Family Residential
Region
Nipissing District
Parking Spaces
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Basement
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Accessible
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Maintenance Fees
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Garage
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Features
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Last updated by owner on Aug 10, 2023.
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