407 Ferguson Street
North Bay, ON
- 4 bath
- 1,600 sqft
- Commercial Retail
- 132 days on market
Prime investment opportunity in the heart of North Bay's downtown core. This mixed-use commercial and residential property offers a strong combination of stable income and long-term upside. The main level features a fully equipped restaurant space with a finished basement and two washrooms, secured with a long-term lease in place, providing immediate, reliable cash flow. The property also includes two well-maintained 1-bedroom residential units on the upper levels, adding diversified rental income. Strategically positioned on a high-exposure corner in one of the city's busiest corridors, surrounded by established retailers, offices, and essential amenities, ensuring consistent foot traffic and tenant demand. Extensive renovations and upgrades have been completed throughout, showcasing quality finishes and reducing near-term capital expenditure. Income Highlights: Commercial Lease: $2,610/month + HST. Tenant pays 100% hydro (separately metered), 70% heat & water covered. Residential Unit: Currently rented at $1,400/month (all-inclusive). An additional residential unit offers further income potential.
Listing Details
- Taxes (2025)
- $3,295
- Listed
- May 4, 2026
Price History
Listing history
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Property
- Age
- 51-99
- Lot Size
- 0.02 Acres
Parking
- Garage
- None
Location & Legal
- Cross Street
- Ferguson St / McIntyre St E
- Zoning
- C-1
- Parcel Number
- 491650037
- Possession
- Flexible
- Occupancy
- Tenant
Commercial
- Business Type
- Other
- Office / Apartment Area
- 800 Sq Ft
Included
- Exclusions
- Tenant's belongingsAny tenant belongings or items not listed are excluded.
- Rental Items
- Hot Water TankHot Water Tank
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
Commercial in North Bay · last 12 months
- Median sold price
- $430,000
- Homes sold
- 695
- Median days on market
- 16
- Sale-to-list price
- 99.6%
Based on 695 recorded sales of commercial properties in North Bay over the last 12 months.
Listed by
Revel Realty Inc. Brokerage
Walk Score
Walk
Bike
Scores by Walk Score®
Location
Street View
Commercial figures
- Building area
- 1,600 sq ft
- Price per sq ft
- $373.13
- Annual property tax
- $3,295
- Tax per sq ft
- $2.06
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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