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Investment signal

$349,900

250 FIFTH AVENUE W

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Beds

Baths

Sqft

—

Year

—

Type

Multi-family

Suite

Suite potential

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Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for North Bay (Central). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Step into the charm and potential of this spacious century home, offering 4 bedrooms and 2 bathrooms, including a classic clawfoot tub that adds a touch of vintage character. With its generous layout and timeless features, this property is ideal for those who appreciate historic homes and are ready to bring new life into a solid structure. The home sits on a large, fully fenced backyard-perfect for families, pets, or future outdoor projects. Inside, forced air heating provides efficient warmth throughout the seasons. Previously used as a duplex and still zoned as such, this property offers excellent flexibility for investors or homeowners looking to generate rental income. While the home does require some updates and repairs, the potential here is undeniable. With the right vision and effort, this could be transformed into a profitable income property or a stunning single-family residence. A rare opportunity to invest in space, character, and future value-don't miss your chance to unlock the possibilities this home has to offer. (id:65958)

Subtype: Multi-family
Structure: Duplex
Community: Central
Lot dimensions: 40.3 x 117 FT
Bedrooms: 4 above grade
Parking: 4 total
Stories: 2
On market: Apr 21, 2026
Status changed: Apr 21, 2026
Annual tax: $2,558 (2025)
Photos: 20
MLS#: X13024282
Area: NORTH_BAY_(CENTRAL)

Features and systems

Parking

No Garage

Basement

UnfinishedN/A

Appliances

Water Heater

Heating

Forced airNatural gas

Cooling

None

Exterior

Brick

Foundation

Stone

Positive cash flow ~$659/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

11.30%

Cap rate

7.12%

GRM

10.1

Break-even rent

$2,206

Financing

Down payment$69,980

Loan amount$279,920

Mortgage$1,418/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$160

Insurance$80

Maintenance$292

CapEx reserve$146

Vacancy loss$145

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $1,418/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 21, 2026.