407 Ferguson Street, North Bay, ON P1B 1X3, North Bay, ON, P1B 1X3
MLS: X13083094 | Commercial Retail
$597,000
Property Description
Prime investment opportunity in the heart of North Bay's downtown core. This mixed-use commercial and residential property offers a strong combination of stable income and long-term upside. The main level features a fully equipped restaurant space with a finished basement and two washrooms, secured with a long-term lease in place, providing immediate, reliable cash flow. The property also includes two well-maintained 1-bedroom residential units on the upper levels, adding diversified rental income. Strategically positioned on a high-exposure corner in one of the city's busiest corridors, surrounded by established retailers, offices, and essential amenities, ensuring consistent foot traffic and tenant demand. Extensive renovations and upgrades have been completed throughout, showcasing quality finishes and reducing near-term capital expenditure. Income Highlights: Commercial Lease: $2,610/month + HST. Tenant pays 100% hydro (separately metered), 70% heat & water covered. Residential Unit: Currently rented at $1,400/month (all-inclusive). An additional residential unit offers further income potential.
Quick Facts
- Property Type: Commercial Retail
- Bedrooms: None
- Bathrooms: 4
- Lot Size: 0.0210 acres (0.01 ha)
Costs
- Annual Taxes: $3,295.20 (2025)
Listing Provided by: Revel Realty Inc. Brokerage
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Cooling: No
- Utilities: Yes
- Security: Yes
Lot & Land
- Lot Size: 0.0210 acres (0.01 ha)
- Zoning: C-1
Community & Neighbourhood
- Community: Public Transit, Recreation/Community Centre
- Neighbourhood: Central
Listing Information
Listing History
Sold history, price changes, and days-on-market are reserved for registered users.
Per TRREB / PropTx Virtual Office Website (VOW) terms, this data is available to logged-in users who have accepted the VOW Terms of Use.
Sign In or RegisterLocation & Neighborhood
🚗 Travel times
Neighborhood Walkability
Mortgage & Cost Calculators
Nearby Homes ?Nearby Homes — Search CriteriaSearch Radius1 kmPrice Range±30%Match BedroomsNoMatch BathroomsNo
36 Fraser Lake Road, Carlow/Mayo, ON K0L 1G0, Carlow/Mayo
Detached$597,000
$4,480/yr taxListing Courtesy of CENTURY 21 GRANITE REALTY GROUP INC.
536 RUBY Street, Clarence-Rockland, ON K4K 0H6, Clarence-Rockland
Detached$597,000
$4,220/yr taxListing Courtesy of RE/MAX HALLMARK REALTY GROUP
2407 2260 Sleeping Giant PKWY, Thunder Bay
Condo - Apartment$597,000
$9,300/yr taxListing Courtesy of Thunder Bay Real Estate Board
110 LENEVE Street, Lambton Shores, ON N0N 1J0, Lambton Shores
Att/Row/Townhouse$596,900
Listing Courtesy of KELLER WILLIAMS LIFESTYLES
833 Fairline Row, Kanata, ON K2V 0V8, Kanata
Att/Row/Townhouse$596,900
Listing Courtesy of ROYAL LEPAGE TEAM REALTY
898 Portage Parkway 4210, Vaughan, ON L4K 0J6, Vaughan
Condo Apartment$596,800
$2,726/yr taxListing Courtesy of CENTURY 21 HERITAGE GROUP LTD.
58 June Callwood Way, Brant, ON N3T 0V2, Brant
Att/Row/Townhouse$596,700
$4,179/yr taxListing Courtesy of HOMELIFE/MIRACLE REALTY LTD
3601 Highway 7 N/A E Unit 204-205, Markham, ON L3R 0M3, Markham
Office$597,300
$7,421/yr taxListing Courtesy of CBRE LIMITED
1697 Dunkirk Avenue, Woodstock, ON N4T 0L7, Woodstock
Semi-Detached$597,489
Listing Courtesy of Gale Group Realty Brokerage Ltd
105 John Street, Georgian Bluffs, ON N0H 2T0, Georgian Bluffs
Detached$597,500
$3,080/yr taxListing Courtesy of RE/MAX Grey Bruce Realty Inc.
Similar Homes ?Similar Homes — Search CriteriaSearch Radius5 kmPrice Range±5%Match Home TypeYesMatch BedroomsYes
3621 Highway 7 N/A E 122, Markham, ON L3R 0G6, Markham
Commercial Retail$598,000
$5,984/yr taxListing Courtesy of FIRST CLASS REALTY INC.
1718 Kirkfield Road, Kawartha Lakes, ON K0M 2B0, Kawartha Lakes
Commercial Retail$598,980
$4,673/yr taxListing Courtesy of REVEL REALTY INC.
5206 9 County Road, Clearview, ON L0M 1N0, Clearview
Commercial Retail$599,000
$5,975/yr taxListing Courtesy of Royal LePage Locations North
115 First Street 1B, Collingwood, ON L9Y 1A5, Collingwood
Commercial Retail$599,000
$13/yr taxListing Courtesy of RE/MAX By The Bay Brokerage
9 Government Road W, Kirkland Lake, ON P2N 2C9, Kirkland Lake
Commercial Retail$599,000
$12,242/yr taxListing Courtesy of Dion Realty Group Inc.
9610 Yonge Street B10, Richmond Hill, ON L4C 1V6, Richmond Hill
Commercial Retail$595,000
$7,721/yr taxListing Courtesy of RE/MAX HALLMARK SHAHEEN & COMPANY
904 Paisley Road 109, Guelph, ON N1K 0C6, Guelph
Commercial Retail$595,000
$4,626/yr taxListing Courtesy of Averson Young Commercial Real Estate
23 Queen Street, Selwyn, ON K0L 2H0, Selwyn
Commercial Retail$599,000
$4,210/yr taxListing Courtesy of CENTURY 21 UNITED REALTY INC.
179 George Street 101, Lower Town - Sandy Hill, ON K1N 1J8, Lower Town - Sandy Hill
Commercial Retail$599,000
$10,819/yr taxListing Courtesy of ROYAL LEPAGE TEAM REALTY
44 Carlisle Street, St. Catharines, ON L2R 4H4, St. Catharines
Commercial Retail$599,000
$3,159/yr taxListing Courtesy of ROYAL LEPAGE NRC REALTY
Property Comparables ?Active Comparables — Search CriteriaSearch Radius2 kmPrice Range±15%Match Home TypeYesMatch BedroomsYes
No active comparables found in this area.
No rental comparables found in this area.
Sold comparables require subject coordinates and a sale-context listing.
Rented comparables require subject coordinates.
Book a Viewing
407 Ferguson Street, North Bay, ON P1B 1X3, North Bay, ON, P1B 1X3