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Located three hours north of Toronto, the City of North Bay is nestled between Lake Nipissing and Trout Lake. Celebrated for its scenic landscapes and easy living – and named one of Canada’s top 20 business environments – North Bay is an idyllic place to relocate, invest and do business.

Real estate facts

  • Toronto Storeys ranks North Bay as the most affordable real estate region in Ontario. Read the full story here. 
  • MoneySense ranks North Bay among the top three places to buy property in Canada.
  • Home sales hit a new annual record in 2021, up by 12.2% from the same period in 2020, according to the North Bay Real Estate Board. 
  • In 2021, North Bay experienced its best building year ever on record.
  • For a second consecutive year, the top urban growth in Canada occurred in North Bay, according to the 2021 U-Haul Growth Index.

Did you know?

  • The North Bay Jack Garland Airport is 1 of 15 airports in Canada and the only airport in Northern Ontario to have a 10,000-foot (3,048 meters) runway.
  • North Bay was named the 2020 winner of the fastest Mobile Networks by
  • The City has a Development Application Review Team that expedites the development process by reviewing proposals and providing feedback prior to applicants entering into a Site Plan Control Agreement or undertaking a Planning Act application.

Reasons to invest in North Bay

  • Low operating costs – Site Selection Canada ranks North Bay in the top 20 best investment locations.  Read the full story here.  North Bay City Council has reduced industrial taxes by 66% to one of the lowest levels in Ontario and eliminated Industrial Development charges.
  • Attractive incentive programs – The Growth Community Incentive Program is designed to help grow the community through city wide programming for industrial development and targeted intensification for housing and downtown waterfront commercial projects with a number of financial incentives.
  • The perfect balance – North Bay’s many amenities and vast natural surroundings provide the perfect balance between city living and outdoor recreation.  The city and surrounding area is a haven for a variety of activities – from theatrical performances to mountain biking, North Bay has it all.


For additional testimonials, visit our YouTube channel

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For additional videos, visit our YouTube channel.