1149 Cassells Street

Introducing a remarkable opportunity to acquire a Multi-Family Home for sale in North Bay , located at 1149 Cassells Street, North Bay. This impressive multiplex property is situated in the vibrant Central community of Nipissing, making it an ideal investment for those seeking to enter the property market or for seasoned investors looking to expand their portfolio.

The property boasts a well-thought-out layout across two storeys, featuring a total of eight rooms, including five spacious bedrooms and two bathrooms. The main floor of this Multi-Family Home for sale in North Bay has been thoughtfully designed, offering two generously sized bedrooms alongside a living room that provides ample space for relaxation and socialising. The main floor also grants access to an unfinished basement, which is perfect for laundry and additional storage needs. This space holds potential for further development, allowing you to customise it to your liking.

As you ascend to the upper level via a separate entrance, you will discover three additional bedrooms, a comfortable living room, and a second kitchen. This setup not only enhances the property's appeal as a Multi-Family Home for sale in North Bay but also provides the perfect arrangement for those looking to accommodate extended family or generate rental income.

The property at 1149 Cassells Street, North Bay has undergone significant upgrades, ensuring that it meets modern standards while retaining its character. Notable improvements include the installation of weeping tiles, a new furnace, central air conditioning, and a recently replaced roof. The main floor unit was fully renovated in 2022, showcasing fresh paint, new flooring, updated plumbing, and rewiring, which adds to the overall appeal of this residence.

The exterior of the building is constructed from durable concrete, ensuring longevity and minimal maintenance. The property sits on a lot measuring 41 by 122 feet, providing a manageable outdoor space that is easy to maintain. Although there is no pool or family room, the outdoor area can be transformed into a delightful garden or recreational space, tailored to your preferences. The detached garage offers convenient parking for one vehicle, while the private driveway accommodates up to four additional cars, making this Multi-Family Home for sale in North Bay exceptionally practical for larger families or multiple tenants.

In terms of utilities, the property is connected to municipal water and sewer systems, ensuring reliable service. The heating is provided by a forced air system, which is efficient and effective, while central air conditioning guarantees comfort during the warmer months. Internet connectivity is also available, catering to the needs of modern living.

It is worth noting that this property is being sold unfurnished, allowing you the freedom to furnish and decorate the space according to your personal taste and style. With an age range of 51 to 99 years, this home carries a sense of history and charm, making it a unique addition to the North Bay real estate market.

In conclusion, this Multi-Family Home for sale in North Bay, located at 1149 Cassells Street, North Bay, presents an exceptional opportunity for both investors and those seeking a family home with additional rental potential. With its strategic location in the Central community of Nipissing, a well-designed layout, and numerous recent upgrades, this property is not to be missed. Seize the chance to own a piece of North Bay real estate that combines comfort, practicality, and investment potential. Don’t delay – this is a fantastic opportunity waiting for you!

Central is a vibrant and inviting neighbourhood nestled in the heart of North Bay, Ontario. This area boasts a charming mix of residential homes, local shops, and essential amenities, all within easy reach. With its tree-lined streets and well-maintained parks, Central offers a pleasant environment for families and individuals alike. The community is well-connected, making it convenient for residents to access the city's cultural attractions, recreational facilities, and dining options. Central's friendly atmosphere and strong sense of local pride make it an ideal place for anyone looking to settle in a welcoming and dynamic part of North Bay.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. Within a short distance, you will find Alliance Public School, an English-language elementary school offering grades JK to 6, just 0.6 km away, with a school rating of 5.2. For secondary education, Chippewa Secondary School is available in both English and French, located only 0.7 km from the property, with a solid rating of 5.1. Additionally, the area features Catholic schools such as Mother St. Bride Catholic Elementary School and St. Joseph-Scollard Hall Catholic Secondary School, both within 0.6 km, although they currently do not have a rating. St. Luke Catholic Elementary School, offering French instruction, is slightly further at 1.7 km. Overall, the proximity to a mix of public and Catholic schools, along with their diverse language offerings, enhances the appeal of this property for families seeking quality education options for their children.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small, diverse community with a population of 425 residents as of 2021. The average household size is 1.9, indicating a predominance of single-person households, which make up approximately 60.81% of the population. The average age in the area is 39.9 years, suggesting a mature demographic. The average household income stands at $54,000, with 20% of the population classified as low-income. Housing prices are relatively affordable, with an average price of $184,000. The community is characterized by a significant portion of renters, comprising 50% of households, and 23.91% of homes are condominiums. Families with children represent 35% of the households, while immigrants account for 11.39% of the population. Educational attainment is notable, with over half (53.62%) of residents holding a college or university degree. However, a considerable portion of the population, 36.23%, is not in the labor force, indicating potential challenges in employment opportunities. Overall, this area presents a blend of affordability, educational achievement, and a diverse demographic landscape.