141 Railway Street, Nipigon, ON

$249,900
MLS#:X13426446
5 beds
2 baths
Residential Freehold
141 Railway Street, Nipigon, ON P0T 2J0

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Nipigon. Expertly crafted featuring premium vinyl siding and unknown construction, this residence presents an exceptional opportunity offered at $249,900 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.

  • 5 Bedrooms and 2 Bathrooms
  • Premium 50 x 130 ft lot size
  • Features a full, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • Notable attributes: Storage, Other
  • equipped with other central cooling and highly efficient forced air heating via gas

Description

Welcome to small-town living at its finest in the picturesque community of Nipigon, Ontario. This spacious family home offers over 1,400 square feet on the main floor and features an inviting open-concept living room, dining room, and kitchen, perfect for entertaining family and friends. Step out onto the private deck and enjoy beautiful views overlooking the town and the scenic Nipigon Lagoon, part of the legendary Nipigon River system which ultimately flows into the majestic waters of Lake Superior. Inside, you'll appreciate the warmth of hardwood floors, the convenience of main floor laundry, two full bathrooms, and numerous updates including a high-efficiency natural gas furnace, central air conditioning, and new shingles in 2025. The walk-out lower level provides additional living space and endless possibilities for a growing family. Situated on a large corner lot with plenty of parking, this property offers both space and privacy. Known as the gateway to the North Shore, Nipigon is celebrated for its breathtaking landscapes, world-class fishing, outdoor recreation, and welcoming community atmosphere, all just over an hour east of Thunder Bay. A wonderful opportunity to enjoy the best of Northern Ontario living. Visit www.century21superior.com for more info & pics.

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Property Summary

This detached home located at 141 Railway Street, Nipigon is currently for sale and has been available on SousaSells for 59 days. This property is listed at $249,900 with an estimated mortgage of $832* per month. It has 5 beds, 2 bathrooms, and is unknown square feet. 141 Railway Street, Nipigon

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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 5 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Nipigon.

Highly Recommended for Families
What We Love About This Home
  • 5 spacious bedroom layout offering versatile living space
  • 2 well-appointed bathrooms
  • Desirable Detached architecture in Nipigon
Standout Features & Layout
Who Should Buy This Home?

Growing families needing multi-bedroom flexibility and space in Nipigon.

Target Buyer Match

Key Features

Bedrooms
5
Bathrooms
2
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold Conditional
Listed Date6/8/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionVinyl Siding, Unknown
BasementFull, Partially Finished
Lot Size50 × 130 Feet
CountyThunder Bay
Annual Tax$2,529.83
Legal DescriptionLT 1 PL 768 NIPIGON; NIPIGON

Parking & Garage

Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingOther

Features

Property Features

None listed

Interior Features

  • Storage
  • Other

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 141 Railway Street, Nipigon, ON

Q.What is the asking price for 141 Railway Street, Nipigon, ON ?

The current listing price for 141 Railway Street, Nipigon, ON in Nipigon is $249,900.

Q.How many bedrooms and bathrooms does this property have?

This property features 5 bedrooms and 2 bathrooms.

Q.What property type and architectural style is 141 Railway Street, Nipigon, ON ?

141 Railway Street, Nipigon, ON is a Detached (Bungalow) featuring a Full, Partially Finished basement.

Q.What interior features are included in this home?

Interior highlights include: Storage, Other.

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Other.

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Location

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141 Railway Street, Nipigon, ON

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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 141 Railway Street, Nipigon, ON P0T 2J0

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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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Nipigon.

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Interest Rate4.00%
Down Payment$74,970 (30.0%)
* Minimum Canadian down payment required for this price is $12,495.
Amortization Period30 Years
Estimated Monthly Payment$832Based on a loan of $174,930 over 30 years.
Purchase Price$249,900
Loan Amount$174,930
Provincial Land Transfer Tax:$2,224
Total Estimated Closing Taxes:$2,224

About Purchasing a Home in Nipigon, ON

For a property listed at $249,900 in Nipigon, the legal minimum down payment is $12,495 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $2,224 for this transaction. As this listing is in Nipigon (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $2,224.

Nipigon Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Nipigon.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$278,250

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%

Best Schools in Nipigon

Elementary Schools

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Secondary Schools

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Nipigon Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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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.