North Bay - Ferris
North Bay - Ferris
Listed For $1,599,999
Get Pre-approvedAdded 12 days ago
This property is a 6+1 unit income property situated on an approximately 0.80-acre parcel along Lakeshore Drive in North Bay, offering a mix of six 2-bedroom units and one 3-bedroom unit.
The site is zoned R6, with a conceptual plan indicating potential for a 16-unit stacked townhouse development, and may support a 3 to 4 storey apartment building under RM3 zoning, subject to municipal review.
Located along a transit-supported arterial corridor, the property is proximate to shops, restaurants, parks, schools, and public transit, benefiting from area growth and intensification initiatives.
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* Values are estimates only and not a guarantee of lending or affordability.