1/81150 FERGUSON STREET, North Bay (Central)
1150 FERGUSON STREET, North Bay (Central), ON P1B1Y6
$749,000 total
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Asset Class
Multifamily
Size
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Building class
A
Zoning
RF6 — Medium Density
$ / SF
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Occupancy
95%
About this property
This well-maintained and managed six-plex offers a prime investment opportunity in a central location. Featuring a balanced unit mix of three spacious two-bedroom units and three comfortable one-bedroom units, this property appeals to a wide range of tenants and ensures strong rental demand. Situated close to amenities, public transit, shopping, schools, and downtown services, tenants enjoy easy access to everything they need, making this a consistently attractive rental property. This property presents a solid income-generating opportunity, almost 8% CAP Rate, with stable tenancy potential in a central area. Whether you're expanding your portfolio or entering the multi-family market, this six-plex is a smart, turnkey investment. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$3K
Projected NOI
$26K
Annual cash flow
$-15K
Cash-on-cash
-6.77%
DSCR
0.63
Going-in cap
3.51%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Area demographics
Trade area within 3 miles of the property.
Population
120,383
Households
54,425
Median income
$119,500
Median age
35
Daytime population
204,209
5-yr growth
3%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 1150 FERGUSON STREET, North Bay (Central).
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.