447 Main Street E
Central, North Bay, P1B 1B6
$1,399,000
Listed 17 days ago · MLS® X13857694
About this home
Excellent investment opportunity just east of Downtown North Bay! This mixed-use property features 10 residential units and 2 commercial units, offering existing rental income and additional value-add potential. The residential portion includes one 2-bedroom unit and nine 1-bedroom units, with secure entrances and shared laundry facilities. The exterior and most residential units have been updated. Featuring masonry-block construction, the property has natural-gas hot-water heating with two new boilers installed in late 2025, along with LED lighting upgrades in the commercial units and common areas. With 12 total units, existing rental income and recent improvements, this property offers an attractive investment opportunity in North Bay.
Details
- Type
- Investment
- Lot
- 33 × 132 ft
- Garage
- None
- Property tax
- $17,454 (2026)
- Neighbourhood
- Central
- Municipality
- North Bay
Heating, cooling and services
- Heating
- Gas Hot Water
- Utilities
- Yes
Building and exterior
- Building area
- 9,660 Square Feet
More
- Possession
- Flexible
- Cross street
- Between Regina St and Fisher St
Location
Location is approximate. See nearby homes on the map
Recent sales nearby
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The neighbourhood
Getting around Somewhat walkable
No subway, LRT or GO station within a short trip.
Within a 10-minute walk: no grocery stores, 9 cafés and restaurants, 3 parks. Nearest park: Lee Park (750 m).
Schools nearby
Elementary
- École Saint-Vincent Catholic · French
EQAO: Gr 6 reading 75%, math 6%15 min walk - Mother St. Bride School Catholic
EQAO: Gr 6 reading 88%, math 25%1.2 km - Alliance Public School
EQAO: Gr 6 reading 83%, math 35%2.0 km - St. Francis Catholic School Catholic2.0 km
Secondary
- École secondaire catholique Algonquin French1.6 km
- St Joseph-Scollard Hall Secondary School Catholic
EQAO: Gr 9 math 35%, literacy test 85%2.0 km - Chippewa Secondary School2.1 km
EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.
Closest schools, not school zones. Check which school serves this address with the school board before relying on it.
Who lives here postal area P1B
- Owners / renters
- 57% / 43%
- Median household income
- $66,000
- Average age
- 44
- Children under 15
- 13%
- Homes
- 50% detached, 10% high-rise
- Commute by transit
- 3%
- Population
- 33,113
Languages spoken most at home besides English: Punjabi (Panjabi) 0.2%, Italian 0.2%, Spanish 0.1%, Yue (Cantonese) 0.1%.
Safety
Crime Severity Index for North Bay police: 88 vs 57 for Ontario (2025).
Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.
Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.
Living here
Commute
Noise 1 source nearby
- 🚆 Rail line (North Bay Subdivision)200 m
Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.
Internet High-speed
50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).
From the federal broadband map. Check exact speeds and providers for the address.
Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.
Listed by EXP REALTY.
Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.