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6 Bay View Court

6 Bay View Court

West Nipissing, ON

  • 2 sqft
  • Investment
  • 303 days on market
$2,950,000Price reduced 18%

New Price Reduction!. This creates an exceptional and rare investment opportunity to acquire a property that has 10 detached homes with waterfront land with excellent income and a good cap rate. The current homes are generating substantial revenue, so you can keep this property for long-term growth while exploring the redevelopment potential for an additional 10 small homes or up to 48 residential units or a 45+ suite hotel! The property includes five separate lots (five PINs: PIN 490790239, PIN 490790992, PIN 490790228, PIN 490790240, PIN 490790992), currently featuring ten detached homes, one large and one smaller workshop, and approximately 350 feet of water frontage on Minnehaha Bay, part of Lake Nipissing, in Sturgeon Falls (approximately 3 hours north of the GTA). The site is within walking distance of downtown Sturgeon Falls and located approximately 20 minutes west of North Bay, 1 hour south of Sudbury, and roughly 3 hours north of the GTA. This unique location is fully serviced by all municipal utilities, already zoned to build a hotel, and has a clean Phase 1 report, making it an excellent candidate as a hotel site for future development or for additional residential units.

Listing Details

Taxes (2024)
$7,218
Originally Listed
$3,600,000
Listed
November 14, 2025

Price History

Property

Lot Size
326 x 315 Feet

Parking

Garage
Outside/Surface

Location & Legal

Cross Street
King st / Bay View Crt
Zoning
commercial mix
Parcel Number
490790228
Possession
Flexible
Occupancy
Tenant

Commercial

Business Type
Apts - 6 To 12 Units

Community

Postal area P0H

Population
31,909
Private dwellings
17,044
Median age
50.8
Average household size
2.4
Median household income
$80,000

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

Commercial in West Nipissing · last 12 months

Median sold price
$378,750
Homes sold
192
Median days on market
30
Sale-to-list price
97.0%

Based on 192 recorded sales of commercial properties in West Nipissing over the last 12 months.

Listed by

RIGHT AT HOME REALTY

Walk Score

Walk Score is unavailable for this address right now.

Commercial figures

Annual property tax
$7,218

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

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