North Bay P1A 1R5 Ontario
MLS: X13062924
Added 1 hour ago | For Sale
Listed by: Century 21 Blue Sky Region Realty Inc., Brokerage
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.