107 Strathcona Drive, North Bay

$419,900
107 Strathcona Drive

$419,900

New
9d
DetachedBungalow

107 Strathcona Drive, North Bay

Total Monthly Obligation $2,348

Beds
4
Baths
2
Park
3
Sqft
700-1100
DOM
9d
Score
60
Yield
9.4%
Cash on Cash
15.9%
Cap Rate
8.0%
5Y IRR
28.5%
10Y IRR
25.6%
Property Type-Detached
MLS® Number-X14031540
Beds-4
Bathrooms-2
Size-700-1100 sqft
Lot Size-60 × 103 ft
Listed on site-Oct 14, 2026
Style-Bungalow
Building Type-Detached
Taxes-$3,347 (2026)
Parking-3 - None
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-Century 21 Blue Sky Region Realty Inc., Brokerage
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick, Vinyl Siding
Roof-Metal
Foundation-Block
Sewer-Sewer
Possession-Immediate
Neighbourhood-Ferris
Title-Residential Freehold

No agent assigned

Welcome to 107 Strathcona Drive - A Thoughtfully Updated Home in West Ferris, offers an excellent opportunity to own an affordable bungalow in a family-friendly community. This well-maintained home features 3 + 1 bedrooms and 2 full bathrooms, providing flexible living space for a growing family, guests, or multi-generational living. The main level offers a comfortable layout, while the lower level includes a rec room, perfect for family movie nights, a playroom, or additional entertaining space. Several thoughtful updates add value and peace of mind for future homeowners. The property features a durable 8 year old tin roof, and all but one of the windows have been replaced within the past three years, improving both energy efficiency and overall comfort. The fully fenced backyard offers a private outdoor space ideal for children and pets. An interlocking brick patio provides a beautiful setting for summer barbecues, outdoor dining, or relaxing evenings with friends and family. There is no garage but the backyard includes multiple outdoor storage sheds to accommodate tools, equipment, and seasonal items. One particularly convenient feature is the rear access gate, which allows you to back a trailer or boat directly into the backyard for easy and secure storage, perfect for those who enjoy North Bay's many nearby lakes and outdoor recreation opportunities. With its updates, practical layout, and desirable location, 107 Strathcona Drive is a wonderful place to call home. Your Next Chapter Awaits!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$335,920
Land Transfer Taxes$4,873
Legal Fees (Est.)
$
Total cash required for closing$90,353

Total Monthly Obligation

$2,348/mo
Mortgage $1,694
Monthly Loss $1,902
Principal$446
Interest$1,248
Property Tax$279
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
6.6%58
Cash-on-Cash
8.3%39
5-Year IRR
22.5%96
10-Year IRR
20.9%
Returns Index
65.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeB
60/ 100
Fair•Hold / Negotiate

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$39,600/yr
NOI
$27,793/yr
Net Cash Flow
$622/mo
Cash Margin
18.9%68
Cash Flow Index
68.4/ 100
Risk Profile
Weight: 20%
DSCR
1.3762
LTV Ratio
80.0%18
Vacancy Buffer
4.0 mo69
Risk Index
49.5/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 107 Strathcona Drive

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.