1720 ALGONQUIN Avenue
North Bay, Ontario
- 3,220 sqft
- Retail
VTB OPTIONS AVAILABLE! 1720 Algonquin Avenue in North Bay presents an excellent commercial investment opportunity in a high-traffic, high-exposure location. The property features two units within one building, including a larger space currently leased long-term to a successful takeout restaurant paying $3,876 plus HST per month (net lease), and a smaller retail unit with rent at $900 per month. The site offers exceptional visibility, easy access, and a large parking lot with plenty of spaces, making it attractive to both tenants and customers. With strong existing rental income and the potential for continued stability, this property is well-suited for investors seeking a reliable cash-flowing asset in one of North Bay’s busiest commercial corridors. This is a prime location with great income.
Price History
Schools
Elementary
- St Hubert Separate School0.8 km
Catholic · Nipissing-Parry Sound CDSB · 225 students
Grade 3 reading: 76% met the provincial standard · Grade 6 math: 37% met the provincial standard
- Woodland Public School1 km
Public · Near North DSB · 495 students
Grade 3 reading: 52% met the provincial standard · Grade 6 math: 14% met the provincial standard
- St Alexander Separate School1.1 km
Catholic · Nipissing-Parry Sound CDSB · 105 students
Grade 3 reading: 64% met the provincial standard · Grade 6 math: 27% met the provincial standard
Secondary
- St Joseph-Scollard Hall Secondary School1.2 km
Catholic · Nipissing-Parry Sound CDSB · 1160 students
Grade 10 literacy: 85% met the provincial standard
- École secondaire catholique Algonquin1.4 km
French Catholic · CSDC Franco-Nord · 490 students
Grade 10 literacy: 84% met the provincial standard
- Chippewa Secondary School2.3 km
Public · Near North DSB · 840 students
Grade 10 literacy: 76% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area P1B
- Population
- 33,113
- Private dwellings
- 16,526
- Median age
- 44.4
- Average household size
- 2.1
- Median household income
- $66,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Retail in North Bay · last 12 months
- Median sold price
- $430,500
- Homes sold
- 700
- Median days on market
- 16
- Sale-to-list price
- 99.6%
Based on 700 recorded sales of retail properties in North Bay over the last 12 months.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$145,000
Estimated Monthly Payment
$3,562
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,562/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $181/mo
Estimates only. Consult a financial advisor.
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