Tej Thakor Broker of Record / Owner 647-684-1731
For Sale
MLS®# X13062924

12 Mowat Crescent, North Bay, ON P1A 1R5

North Bay, ON P1A 1R5

$899,900 Est. $3,822/mo · 20% down, 25-yr, 4.09%
2Baths
59 × 126 ftLot
InvestmentType

About this property

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 Summary

Property TypeInvestment
Community NameFerris
Land Size58.67 x 125.61 ft
Annual Property Taxes$4,345.00
Tax Year2025
Parking TypeNone Garage

Building details

Bathrooms / washrooms2
Property typeInvestment

Lot & land

Lot dimensions59 × 126 ft
Lot frontage59 ft
Lot depth126 ft

Interior Features

InclusionsStove x2, Fridge x2, Microwave x2, Dishwasher, Washer/Dryer x2, Indoor/Outdoor Furniture Negotiable
ExclusionsPersonal belongings, Tools, Hardware, Door Camera's, Trailers

Building Features

StyleInvestment

Heating & Cooling

CoolingNo
Heating TypeBaseboard

Parking

Parking TypeNone Garage

Taxes & fees

Annual taxes$4,345 (2025)

Listing history

On market sinceApr 30, 2026

Location

North Bay, ON P1A 1R5
Listed by Century 21 Blue Sky Region Realty Inc., Brokerage, Brokerage · Listing data sourced from TRREB®, refreshed nightly.
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The trademarks REALTOR®, REALTORS®, MLS®, Multiple Listing Service® and the associated logos are owned or controlled by The Canadian Real Estate Association (CREA). Used under licence. Information deemed reliable but not guaranteed. Tej Thakor is a Broker of Record at Royal LePage Terra Realty.
Call Tej Now 647-684-1731
12 Mowat Crescent, North Bay, ON P1A 1R5