533 LAKESHORE Drive, North Bay, ON

$499,000
MLS#:X10708997
1 beds
2 baths
1200-1399 sqft
2.0 parking
Residential Condo & Other
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Description

Property Highlights

Welcome to this remarkable ["Other"] condo apartment located in the coveted neighborhood of Ferris. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $499,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 1 Bedroom and 2 Bathrooms
  • Generous living space spanning 1200-1399 sqft
  • Features a ["none"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient covered configuration
  • Notable attributes: Water Heater, Other
  • equipped with ["central air"] central cooling and highly efficient forced air heating via electric

Completely remodeled unit at the beautiful Watersun Condominium complex on the shores of Lake Nipissing! This spacious 1,345 sq ft condo features an open-concept kitchen with an island, two sinks, new black stainless appliances, and stunning granite countertops. The layout is an entertainer’s dream, with a large dining and living area, all offering breathtaking lake views. Walk out to your private terrace and enjoy those famous sunsets. The master bedroom includes a walk-in closet with custom shelving and a newly renovated luxurious 4-piece ensuite. Additionally, there is a den or second bedroom, a renovated 2-piece bath, a storage room/office nook, and a convenient in-unit laundry room. Hardwood floors, California shutters, and custom blinds throughout. The unit comes with two parking spaces, one of which is covered, perfect for the winter months. This condominium boasts a private 200-foot sandy beach, BBQ area, and kayak storage. Condo fees cover water, furnace maintenance, use of a common room, snow removal, grass cutting, window washing, and access to a guest suite for overnight visitors. With over $90,000 in recent renovations within the condo unit, this is an opportunity you don’t want to miss. Move in and enjoy one of the building's most sought-after units!

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Key Features

Bedrooms
1
Bathrooms
2
Kitchens
1
Living Area
1200-1399 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold price information is available to members only
Listed Date8/2/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
ConstructionStucco (Plaster)
CountyNipissing
Annual Tax$5,424.16
Legal DescriptionNCC STANDARD CONDO PLAN 43 CONDO #502

Parking & Garage

Parking Spaces2.0
Garage Spaces2
Garage TypeCovered

Heating & Cooling

Heat SourceElectric
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Community Features

Location

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533 LAKESHORE Drive, North Bay, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Ferris, North Bay.

Verified Local Data
Population6,202,225
Median Age39.6 Yrs
Ownership65% Owners
Avg Area List Price$437,686

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Silver Birches
Public65 Marshall Avenue East, North Bay, Ontario, P1B 3L4
3.4
Our Lady of Fatima
Public60 Marshall Avenue East, North Bay, Ontario, P1A 1R1
4.5
École Saint-Raymond
Public22 Borge Avenue, North Bay, Ontario, P1A 2S7
2.1
Sunset Park
Public1191 Lakeshore Drive, North Bay, Ontario, P1B 8Z4
3.2
Saint-Vincent
Public124 King Street East, North Bay, Ontario, P1B 1P2
3.0

Secondary Schools

West Ferris
Public60 Marshall Park Drive, North Bay, Ontario, P1A 2P2
5.5

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 533 LAKESHORE Drive 502, North Bay, ON P1A 2E5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Financial Audit

Estimated Costs

Loan Amount$399,200
Monthly Mortgage$2,319
Property Tax (Est.)$452
Utilities & Maint.$350
Total Monthly Cost$3,121

Nearby School Rankings

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Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in North Bay.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.