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$369,900

997 HAMMOND STREET — North Bay (Central), Ontario

P1B2H6

6Beds

3Baths

5Parking

About This Property

INVESTOR ALERT - Exceptional 10.22% CAP Rate on a Prime Corner Lot! This massive 2,139 sq. ft. triplex offers a significant cash-flow opportunity in central North Bay. The property is uniquely configured with a rear 2-bedroom, 1-bathroom bungalow-style unit occupied by a stable, 7-year tenant, providing immediate guaranteed income. The front of the building consists of two spacious 2-storey units, each featuring 2 bedrooms and 1 bathroom. These front units are delivered vacant, offering a prime opportunity for an investor to refresh the spaces to their own standards and set current market rents to maximize ROI. Situated on a prominent corner lot at the end of a quiet street, the property features impressive vaulted ceilings that create a high-end feel. This powerhouse addition to any portfolio includes a detached garage and ample parking for 5 vehicles. Some Photos Virtually Staged. (id:63357)

Property Location

Property Details

Property Type: Multi-Unit
Bedrooms: 6
Bathrooms: 3
Stories: 2.0
Status: Active

Location & Neighborhood

What's nearby 997 HAMMOND STREET

Nearby Schools

École Saint-Vincent
elementary
0.5 km
Unnamed School
elementary
0.6 km

Parks & Recreation

Vimy Ridge Memorial
park
0.8 km

Transit Access

Fisher St at Laurier Ave (E)
Bus Stop
88m
Fisher St at Fifth Ave E (W)
Bus Stop
0.2 km
Fisher St at Fourth Ave E (E)
Bus Stop
0.2 km
John St at Hardy St
Bus Stop
0.3 km
Fisher St at First Ave E (W)
Bus Stop
0.5 km

Local Amenities

Dining

Arugula’s0.1 km
The Cedar Tree Lebanese0.9 km

Coffee & Cafes

The Social Cafe0.8 km

POI data updated 3/18/2026

North Bay (Central) Market Snapshot

Active Listings

$390K

Median Price

Avg Days on Market

Last updated: Mar 18, 2026

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$369,900