745 Morin Street
North Bay, ON
- 8 bed
- 3 bath
- approx. 2500-3000 sqft
- Triplex
- 83 days on market
Pride of ownership is evident throughout this meticulously maintained purpose-built triplex, offering investors a true turnkey opportunity with strong, reliable returns. Extensively updated over the years, this high-performing income property features two spacious 3-bedroom units and one 2-bedroom unit, along with shared coin-operated laundry that provides additional income. The building is fully occupied and has been operated as a non-smoking, pet-free property. With an excellent unit mix, on-site parking, private balconies, tenant storage, separate hydro meters, and minimal maintenance requirements, this property is well-positioned for continued long-term success. Currently generating approximately $86,400 in gross annual income and an estimated net operating income of $58,149 it , represents a solid addition to any investment portfolio. Detailed income and expense information are available to qualified buyers upon request. Roof has recently been re-shingled.
Listing Details
- Taxes (2025)
- $5,221
- Listed
- June 29, 2026
Price History
Property
- Style
- 2-Storey
- Age
- 51-99
- Construction
- Brick
- Roof
- Asphalt Shingle
- Foundation
- Concrete Block
- Interior
- Floor Drain, Separate Hydro Meter, Water Meter
- Lot Size
- 50 x 125 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 4
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- High St
- Zoning
- R2
- Parcel Number
- 491560320
- Possession
- Flexible
- Occupancy
- Tenant
Included
- Inclusions
- 3 x Fridge, 3 x Stoves, 1 coin operated washer and dryer
- Exclusions
- tenants personal belongings
- Rental Items
- Hot water tank
Schools
Secondary
- St Joseph-Scollard Hall Secondary School0.3 km
Catholic · Nipissing-Parry Sound CDSB · 1160 students
Grade 10 literacy: 85% met the provincial standard
- École secondaire catholique Algonquin0.6 km
French Catholic · CSDC Franco-Nord · 490 students
Grade 10 literacy: 84% met the provincial standard
- Chippewa Secondary School1.3 km
Public · Near North DSB · 840 students
Grade 10 literacy: 76% met the provincial standard
Elementary
- St Hubert Separate School0.3 km
Catholic · Nipissing-Parry Sound CDSB · 225 students
Grade 3 reading: 76% met the provincial standard · Grade 6 math: 37% met the provincial standard
- Mother St Bride School0.5 km
Catholic · Nipissing-Parry Sound CDSB · 210 students
Grade 3 reading: 57% met the provincial standard · Grade 6 math: 25% met the provincial standard
- École secondaire catholique Algonquin0.6 km
French Catholic · CSDC Franco-Nord · 180 students
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
Residential Freehold in North Bay · last 12 months
- Median sold price
- $430,000
- Homes sold
- 689
- Median days on market
- 16
- Sale-to-list price
- 99.6%
Based on 689 recorded sales of residential freehold properties in North Bay over the last 12 months.
Listed by
Royal LePage Northern Life Realty, Brokerage
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$222,000
Estimated Monthly Payment
$5,453
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: $5,453/mo (20% down, 5.5%)
Taxes: $435/mo · Insurance: $278/mo
Estimates only. Consult a financial advisor.
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