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12 Mowat Crescent North Bay ON

📍 North Bay, Ontario P1A 1R5

$899,900

Active
2BATHS
58.67×125.61LOT (FT)

📋 Listing Highlights

StatusActive
MLS®X13062924
ListedApr 30, 2026
Days on Market—
Property TypeCommercial
StyleInvestment
Cross StreetLakeshore
PossessionTBD
Virtual TourView Tour →

📝 Listing Description

Welcome to 12 Mowat Crescent, a high-performing waterfront asset on the shores of Lake Nipissing in North Bay, for investors seeking cash flow and upside. This C7-zoned property offers maximum flexibility with a layout ideally suited for multi-unit income. Configured across two levels, the property features two full kitchens, separate living spaces, five total bedrooms, two bathrooms, and dual laundry-an ideal setup for duplex conversion, short-term rental (Airbnb), or hybrid income strategies. The main level delivers strong tenant appeal with open-concept living and direct walkout to a large waterfront patio, while the upper level captures premium lake views and can operate independently, maximizing rental potential across both units. This separation can allow investors to generate multiple income streams from a single asset. Positioned on sought-after Lake Nipissing, the property is primed for both long-term tenancy and high-demand short-term rentals, driven by year-round tourism, waterfront lifestyle demand, and limited inventory. The zoning removes barriers, unlocking options for Airbnb, multi-residential use, or live-and-rent strategies. Whether you're targeting strong monthly cash flow, seasonal premium rents, or long-term appreciation, 12 Mowat Crescent checks every box: location, zoning, layout, and scalability.

🏠 Property Details

Property TypeCommercial
StyleInvestment
Bathrooms2

📐 Lot & Land

Lot Width58.67 ft
Lot Depth125.61 ft
Cross StreetLakeshore

🔧 Building & Utilities

HeatingBaseboard
CoolingNo
GarageNone

💰 Financial

List Price$899,900
Annual Taxes$4,345 (2025)
PossessionTBD

🧮 Mortgage Calculator

$179,980
Est. Monthly Payment
$4,421/mo
Principal: $719,920 · P+I only
Does not include taxes, insurance or CMHC

📍 Location

Listing provided by Century 21 Blue Sky Region Realty Inc., BrokerageData via PropTx MLS® / TRREB. Information deemed reliable but not guaranteed.MLS® #X13062924 · Last updated: Jul 14, 2026

Information deemed reliable but not guaranteed. © TRREB / PropTx. MLS® is a trademark of CREA. This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate.