For Sale: 245 Mattawa Street, North Bay, ON - REW
Boost your listing
Listing featured. Your listing will be featured on REW.
View featured placement
$1,695,000
0 bd • 8 ba • 8950 sf • Multifamily
245 Mattawa Street
Street ViewDirections
$1,695,000
Get pre-approved

245 Mattawa StreetNorth Bay, ON, P1B 4M2

  • 0 Bed
  • 8 Bath
  • 8950 Sqft
  • Multifamily

About this home

Investment opportunity with main floor 3 commercial/industrial units plus 5 residential apartments fully updated and turn key. Zoned M-2, this building has seen numerous upgrades to each residential unit plus a fire retrofit inspection 2024, updated hot water boiler in 2017. Residential apartments are 2x3 bedrooms and 3x2 bedrooms, all of which have seen large renovations and updates including kitchens, bathrooms, flooring, lighting, trim, 4 built in all in one laundry machines and most windows. The 3 commercial industrial units are 2075 Sqft, 1700 sqft and 700 sqft with high ceilings and 3 grade loading doors. Whole building is gas hot water and tenants rents are all inclusive except for the hydro cost. Actual Income and expense sheet available including management fees on the residential units, vacancy and maintenance allowances. Other supporting documentation upon request, legal non conforming building, Gross Income $177,309 with Net income $119,124 and a Cap Rate of 7.03 including vacancy, utilities, taxes, maintenance and a 5% property management line. A detailed income and expense statement is available, additional supporting documentation provided upon request. All photos are before tenants moved in. (id:63626)
Listed by: MIKE BURMAN, Broker of Record, REALTY EXECUTIVES Local Group Inc., Brokerage

Home facts and features

Price details
List Price
$1,695,000
Get Pre-Approved
Gross Taxes for 2026
$16,190
Home facts
Bedrooms
0
Full Bathrooms
8
Parking Spaces
17
Property Type
Multifamily
Lot Size
164 ft x 0 ft (8949.98 acres)
Depth
Frontage
164.8 feet
Heating Type
Hot water radiator heat, Natural gas
Appliances
Water Heater
Agent details
Primary Agent
MIKE BURMAN
Primary Broker
REALTY EXECUTIVES Local Group Inc., Brokerage
Listing details
Days on REW
37 Days
MLS® Number
X13473536
Source
Canadian Real Estate Association
Is this your listing? Help it to stand out.

Mortgage Calculator

Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

Connect with our mortgage partner

REW Money

REW Money

REW Money

Connect with a mortgage expert

Connect to a mortgage specialist

REW Money
REW Money

They will connect with you to understand where you are in your journey and how they can best guide you.

  • %
Name*
Email*
Phone*
Purchase City*
What best describes your current situation?
Loan Details
Amortization
Years
Mortgage Amount
Down Payment

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.

The displayed rates are provided as guidance only, are not guaranteed, or are to be considered an approval of credit. Approval will be based solely on your personal situation. You are encouraged to speak with a Mortgage Professional for the most accurate information and to determine your eligibility.

The displayed rates are provided as guidance only, are not guaranteed, or are to be considered an approval of credit. Approval will be based solely on your personal situation. You are encouraged to speak with a Mortgage Professional for the most accurate information and to determine your eligibility.

Property Insights

St Alexander School
  • Catholic
  • JK - 6
Woodland Public School
  • Public
  • JK - 6
Algonquin School
  • Catholic
  • 7 - 12
ÉS Cochrane
  • Public
  • 9 - 12
Mother St Bride School
  • Catholic
  • JK - 8
St Hubert School
  • Catholic
  • JK - 8
St Joseph-Scollard Hall School
  • Catholic
  • 9 - 12
Alliance French Immersion Public School
  • Public
  • JK - 6
St. Luke School
  • Catholic
  • JK - 8
É Sép Saint-Vincent
  • Catholic
  • JK - 6
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
Report Incorrect Info
Full Name*
Email*
Select School
Reason

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.
Thank You!
We really appreciate your help improving our home search experience. Our team will look into this issue as soon as possible.
Close

Cities near North Bay

Neighborhoods near North Bay

Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-07-28.
Call Agent
Broker of Record
MIKE BURMAN
Phone:
(705) 477-4442
Cell:
705-477-4442
Office:
705-478-8588
Share this Property
Text Message
Share this Property
Recipient Email Address*
Your Name
Your Email Address*

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.