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6 Bay View Court
Sturgeon Falls West Nipissing P0H 2M0

$3,600,000 /For Sale
Commercial

Main Photo: 6 Bay View Court in West Nipissing: Sturgeon Falls Commercial for sale : MLS®# X12543974
Photo 1: 6 Bay View Court in West Nipissing: Sturgeon Falls Commercial for sale : MLS®# X12543974
Photo 2: 6 Bay View Court in West Nipissing: Sturgeon Falls Commercial for sale : MLS®# X12543974
Photo 3: 6 Bay View Court in West Nipissing: Sturgeon Falls Commercial for sale : MLS®# X12543974
Photo 4: 6 Bay View Court in West Nipissing: Sturgeon Falls Commercial for sale : MLS®# X12543974
Photo 5: 6 Bay View Court in West Nipissing: Sturgeon Falls Commercial for sale : MLS®# X12543974
Photo 6: 6 Bay View Court in West Nipissing: Sturgeon Falls Commercial for sale : MLS®# X12543974
Status:
Active
Prop. Type:
Commercial
MLS® Num:
X12543974
Bus Major:
Apts - 6 To 12 Units
Seller is willing to provide a second mortgage (VTB) of up to $700,000 at an annual interest rate of 2% to help with the down payment. Additionally, buyer financing of up to $2,700,000 may be available from third-party lenders, subject to the lender's credit approval and usual lending conditions. This creates an exceptional and rare investment opportunity to acquire a property that has 10 detached homes with waterfront land. The current homes are generating substantial revenue, so you can keep this property for long-term growth while exploring the redevelopment potential for a 45+ suite hotel! The property includes five separate lots (five PINs: PIN 490790239, PIN 490790992, PIN 490790228, PIN 490790240, PIN 490790992), currently featuring ten detached homes, one large and one smaller workshop, and approximately 350 feet of water frontage on Minnehaha Bay, part of Lake Nipissing, in Sturgeon Falls (approximately 3 hours north of the GTA). The site is within walking distance of downtown Sturgeon Falls and located approximately 20 minutes west of North Bay, 1 hour south of Sudbury, and roughly 3 hours north of the GTA. This unique location is fully serviced by all municipal utilities, already zoned to build a hotel, and has a clean Phase 1 report, making it an excellent candidate as a hotel site for future development. Initial concept drawings are available on request.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
100188 sq. ft. Acres
Total Area:
2.3 acre(s)
Lot Depth:
315'
Lot Frontage:
326'
Water supply:
Municipal
Zoning:
commercial mix
Heating type:
Baseboard
Garage:
Outside/Surface
Possession Details:
Flexible
HST Applicable To Sale Price:
In Addition To
Assessment Year:
2024
Type Taxes:
Annual
Taxes:
$7,218 / 2024
Assessment:
$- / 2024
Nipissing
West Nipissing
Sturgeon Falls
Major Highway, Recreation/Community Centre
Utilities:
Yes
Air Conditioning:
Partial
Seller Property Info Statement:
No
Major Business Type:
Apts - 6 To 12 Units
Category:
Apartment
Date Listed:
Nov 14, 2025
Original Price:
Previous Price:
  • Photo 1: 6 Bay View Court in West Nipissing: Sturgeon Falls Commercial for sale : MLS®# X12543974
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  • Photo 2: 6 Bay View Court in West Nipissing: Sturgeon Falls Commercial for sale : MLS®# X12543974
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  • Photo 3: 6 Bay View Court in West Nipissing: Sturgeon Falls Commercial for sale : MLS®# X12543974
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  • Photo 4: 6 Bay View Court in West Nipissing: Sturgeon Falls Commercial for sale : MLS®# X12543974
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  • Photo 5: 6 Bay View Court in West Nipissing: Sturgeon Falls Commercial for sale : MLS®# X12543974
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  • Photo 6: 6 Bay View Court in West Nipissing: Sturgeon Falls Commercial for sale : MLS®# X12543974
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Listed by RIGHT AT HOME REALTY
Data was last updated November 15, 2025 at 05:15 PM (UTC)
DARYL  KING
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Owning an apartment building for sale provides unique advantages:

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Whether you’re looking for small multi-family units or larger residential complexes, we offer a wide selection of apartment buildings for sale to match your investment goals. Let us help you find a property that offers steady income and long-term value.

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FAQs – Apartment Buildings for Sale

1. Are apartment buildings a good investment?
Yes, apartment buildings provide steady rental income, potential tax benefits, and property value appreciation over time.

2. What should I consider before buying an apartment building?
Evaluate location, tenant demand, building condition, rental income, and management costs.

3. Can first-time investors buy apartment buildings?
Yes, many financing options are available for new investors, including CMHC-backed loans and commercial mortgages.

4. How many units are considered an apartment building?
Typically, any property with five or more units is classified as an apartment building for investment purposes.

5. Where can I find apartment buildings for sale?
You can find listings across major cities and growing suburbs where rental demand remains strong.