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CA > Ontario > North Bay > Ferris > 14 Milford Crescent

14 Milford Crescent, North Bay, ON

North Bay, Ferris Hood
Lakeshore Dr.
23 Br | 12 Bath | 5000 + Sqft
$3,495,000 For Sale

Property Overview

  • Multiplex — 3-Storey
  • SqFt: | 5000 + Sqft
  • Lot Size: 123.00 x 125.00 Feet
  • Age: n/a
  • Basement: None
  • Exterior: Brick, Metal/Steel Siding
  • Taxes: 28,800 / 2026
  • Zoning: n/a
  • MLS #: X14101536
  • Sewer: Sewer
  • Heat Source: Gas , Water

Property Description

Turnkey investment opportunity with strong cash flow located on a quiet street just off Lakeshore dr. Total of 12 Units (11-2 Bedrooms/1-1 Bedroom) This turnkey 12-unit residential purpose built complex delivers immediate cash flow and has seen major renovations to every unit including all kitchens, bathrooms, flooring, trim, lighting, paint and more. Cap rate at 6.27%, Gross rental income is $305,709.12 with expenses (including management, vacancy, and maintenance) estimated at $86,470, resulting in a solid net income before financing of $219,239.

Other notable features are: All rents plus hydro, hot water boiler system, 13 parking spaces and security doors. Within walking distance bus route on Lakeshore dr, restaurants, shopping mall, Shoppers Drug mart, Cineplex and Lake Nipissing access close by.

Immediate cash flow after mortgage payment plus significant principle recapture makes this a solid investment opportunity. Photos are previous to tenants moving in.

12 Fridges, 12 stoves

Property Details

  • For: For Sale
  • Type: Multiplex
  • Style: 3-Storey
  • Lot: 123.00 x 125.00 Feet
  • Region: Nipissing
  • Hood: Ferris
  • Zoning: n/a
  • Lot Irreg: Fronting on: East
  • Fronting On: East

Building Details

  • Age: n/a
  • Exterior: Brick, Metal/Steel Siding
  • Heat: Gas , Water
  • A/C: None
  • Interior Features: Water Heater
  • Pool: None
  • Sewer: Sewer
  • Garage: None
  • Total Parking: 13.00
  • Driveway: Private

Property Interior

  • Sqft: 5000 + Sqft
  • Bed: 23
  • Bath: 12
  • Kitchen: 12
  • Family Room: No
  • Basement: None
Property Listed by: REALTY EXECUTIVES Local Group Inc. Brokerage
Virtual Tour: n/a

Home Valuation Estimate

What is 14 Milford Crescent, North Bay, ON worth in today’s Ferris, North Bay market?

This HomeZira valuation preview helps buyers and sellers think through the asking price for this 23-bedroom Multiplex with 5000 + sq. ft. in Ferris, North Bay. The full estimate reviews the property’s location, home type, bedroom count, size range, age, and nearby comparable market activity after sign-in.

Property-specific estimate See a valuation range built around this listing’s local profile.
Comparable market context Review how similar nearby homes help frame value.
Buyer and seller guidance Use the estimate as a starting point before an offer or pricing decision.
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Location

  • Address: 14 Milford Crescent
  • Neighborhood: Ferris
  • Zip/Postal Code: P1A 1M3
  • Nearby Amenities: Beach, Public Transit, Rec./Commun.Centre, School Bus Route, School, Park
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Mortgage Calculator

Mortgage Amount:$0
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*Monthly total = monthlyized mortgage payment + taxes/12 + condo fee.
Kazi Hossain

Kazi Hossain

Kazi — Serving the Community for 19 Years!
REALTOR®

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About 14 Milford Crescent, North Bay, ON P1A 1M3, North Bay

Located at 14 Milford Crescent, North Bay, ON in North Bay (Ferris neighbourhood), near Lakeshore Dr.. This freehold home offers Multiplex, ["3-Storey"], 23 bedrooms, 12 bathrooms and 5000 + sq.ft. (approx.) in a layout suited to everyday family living. Basement: None • 13 parking spots • Garage: None • Heating: Gas Water • Cooling: None. Property taxes are approximately $28,800 for 2026. Turnkey investment opportunity with strong cash flow located on a quiet street just off Lakeshore dr. Total of 12 Units (11-2 Bedrooms/1-1 Bedroom) This turnkey 12-unit residential purpose built complex delivers immediate cash flow and has seen major renovations to every unit including all kitchens, bathrooms, flooring, trim, lighting, paint and more. Cap rate at 6.27%, Gross rental income is $305,709.12 with expenses (including management, vacancy, and maintenance) estimated at $86,470, resulting in a solid net income before financing of $219,239. Other notable features are: All rents plus hydro, hot water boiler system, 13 parking spaces and security doors. Within walking distance bus route on Lakeshore dr, restaurants, shopping mall, Shoppers Drug mart, Cineplex and Lake Nip.

FAQs for 14 Milford Crescent, North Bay, ON , Ferris , North Bay

What are the listing details for 14 Milford Crescent, North Bay, ON?
14 Milford Crescent, North Bay, ON is a Multiplex for sale in North Bay, in the Ferris neighbourhood, Nipissing. The current list price is $3,495,000. MLS number: X14101536.
How many bedrooms and bathrooms does this home have?
14 Milford Crescent, North Bay, ON is listed as a Multiplex with a ["3-Storey"] style, featuring 23 bedroom(s) and 12 bathroom(s). The listed interior size range is 5000 + sq. ft..
What lot, basement, garage, or parking details are listed?
The lot size is listed as approximately 123.00 x 125.00 Feet. The basement is listed as: None. Garage type: None. Total parking: 13 space(s).
What heating, cooling, and exterior details are shown?
Heating is listed as: Gas, Water. Cooling is listed as: None. Exterior/construction materials are listed as: Brick, Metal/Steel Siding.
Where is this property located?
14 Milford Crescent, North Bay, ON is located in the Ferris neighbourhood of North Bay. The listed cross street is Lakeshore Dr..
What information is available on this public listing page?
The public listing page shows current active listing information, property photos, room details when available, map location, listed price, property features, and contact options. Annual taxes are listed as $28,800 / 2026. Valuation tools and similar sold-property previews are available after sign-in where applicable, without displaying sold data in this public FAQ.

FAQ content is based on current active listing fields shown on this page. Sold prices, sold comparables, and VOW-only details are not included in this public FAQ.