745 Morin Street, North Bay, ON P1B 5S1
Central, North Bay · Near High St · View map
About this home
Pride of ownership is evident throughout this meticulously maintained purpose-built triplex, offering investors a true turnkey opportunity with strong, reliable returns. Extensively updated over the years, this high-performing income property features two spacious 3-bedroom units and one 2-bedroom unit, along with shared coin-operated laundry that provides additional income. The building is fully occupied and has been operated as a non-smoking, pet-free property. With an excellent unit mix, on-site parking, private balconies, tenant storage, separate hydro meters, and minimal maintenance requirements, this property is well-positioned for continued long-term success. Currently generating approximately $86,400 in gross annual income and an estimated net operating income of $58,149 it , represents a solid addition to any investment portfolio. Detailed income and expense information are available to qualified buyers upon request. Roof has recently been re-shingled 2026.
The home
- Type
- Triplex
- Style
- 2-Storey
- Square footage
- 2500-3000 sq ft
- Bedrooms
- 6
- Basement bedrooms
- 2
- Bathrooms
- 3
- Kitchens
- 3
- Rooms
- 12
- Basement
- Finished, Full
- Lot size
- 50 x 125 ft
- Faces
- West
- Approximate age
- 51-99 years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Security
- Smoke Detector, Carbon Monoxide Detectors
- Exterior
- Brick
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Radiant
- Fireplace
- No
Garage & parking
- Driveway spaces
- 4
- Total parking
- 4
- Parking features
- Private
Taxes & other
- Property taxes
- $5,221/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- flexible
- Cross street
- High St
- Neighbourhood
- Central
More
- Price per sq ft
- ~$404 (at 2,750 sq ft)
- MLS® number
- X13501156
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The home and its surroundings
- Floor Drain
- Separate Hydro Meter
- Water Meter
- Year Round Living
- Deck
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
Schools nearby
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Your commute
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Listing history for 745 Morin Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 745 Morin Street
Answers come straight from this home’s MLS® listing.
How much is 745 Morin Street listed for, and what would it cost each month?
745 Morin Street is listed for $1,110,000. With 20% down ($222,000), the mortgage payment would be roughly $4,477 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $4,913 a month, all in. That figure is an illustration, not a quote.
Is 745 Morin Street freehold or a condo, and is there a monthly fee?
745 Morin Street is a triplex in Central, North Bay. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 745 Morin Street have?
745 Morin Street has 6 bedrooms, plus 2 more bedrooms in the basement, and 3 bathrooms. The listing gives the style as 2-storey.
Does 745 Morin Street have a garage and parking?
The listing does not show a garage. The driveway adds 4 spaces. In total the listing counts 4 parking spaces.
Does 745 Morin Street have a finished basement?
The listing describes the basement as finished, full. It counts 2 bedrooms on that level. Finished basement space is usually not counted in the square footage shown.
What style of home is 745 Morin Street?
745 Morin Street is a triplex. A multiplex holds two or more separate units under one roof, often bought to live in one unit and rent the others.
How big is 745 Morin Street, and what is the lot size?
The listing puts the home between 2,500 and 3,000 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 50 x 125 ft.
How is 745 Morin Street heated and cooled?
Heating is radiant (gas). The listing does not show air conditioning.
What are the property taxes for 745 Morin Street?
Property taxes are $5,221 a year (2025), or about $435 a month.
Where is 745 Morin Street?
745 Morin Street is in the Central community of North Bay. The nearest main intersection is High St. The postal code is P1B 5S1.
Is 745 Morin Street still for sale?
Yes. It is an active listing (MLS® X13501156). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 745 Morin Street asking?
Similar properties for sale nearby right now include 447 Main Street E at $1,399,000, 150 Hillside Lake Road at $1,198,000 (5 bed) and 120 Campbell Avenue at $849,999 (5 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 745 Morin Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 745 Morin Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
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Detached home$849,999120 Campbell Avenue, North Bay5 bed · 4 bath · FerrisCourtesy of: ICI SOURCE REAL ASSET SERVICES INC.View home →Courtesy of: Royal LePage Northern Life Realty, Brokerage
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.