668 Lakeshore Drive
North Bay, ON
- 5 bath
- 2,098 sqft
- Investment
- 108 days on market
Positioned in the highly accessible West Ferris neighbourhood of North Bay off Lakeshore Drive, this purpose-built multi-residential investment property presents a compelling opportunity for investors seeking stable income potential in a prime waterfront-adjacent location. This raised brick bungalow comprises five self-contained units, including 1 Bachelor suite and 4 one bedroom units. Ideally situated directly across from Lake Nipissing and along Jessup Creek, this property is zoned for a 5-plex as well as C7 offering a multitude of conversions including short-term rental. Just minutes along Lakeshore Drive, residents enjoy close proximity to shopping, restaurants, recreational facilities, transit routes, and public beach access, further enhancing long-term rental desirability. Set on a generous 51.84 FT x 100 FT lot, the property also offers ample on-site parking - a valuable asset for multi-unit residential holdings. With its strong location fundamentals, this is an exceptional opportunity to expand or strengthen a real estate investment portfolio.
Listing Details
- Taxes (2026)
- $3,977
- Listed
- May 14, 2026
Price History
Listing history
Sign in to view
Property
- Age
- 51-99
- Lot Size
- 51.84 x 100 Feet
Parking
- Garage
- None
Utilities
- Sewer
- Sanitary+Storm
Location & Legal
- Cross Street
- Lakeshore Dr. & Howell Ave
- Zoning
- RM1 Sp.154, C7
- Parcel Number
- 491750088
- Possession
- Flexible
- Occupancy
- Tenant
Commercial
- Business Type
- Apts - 2 To 5 Units
Included
- Inclusions
- 5 fridges, 5 stoves
- Exclusions
- Tenant belongings
- Rental Items
- Hot water heater
Community
Postal area P1A
- Population
- 16,959
- Private dwellings
- 7,785
- Median age
- 44.8
- Average household size
- 2.2
- Median household income
- $74,000
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
- $432,500
- 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
- 2,098 sq ft
- Price per sq ft
- $261.68
- Annual property tax
- $3,977
- Tax per sq ft
- $1.90
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
Reita | Assistant
Online
Reita is an automated assistant, not a licensed real estate agent. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?