1062 Premier Road, North Bay, ON

$429,000
MLS#:X13529112
3 beds
2 baths
1100-1500 sqft
4.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Ferris. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $429,000 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.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 40 x 999.99 ft lot
  • Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available
  • Notable attributes: Sump Pump, Primary Bedroom - Main Floor, Water Heater
  • equipped with wall unit(s) central cooling and highly efficient baseboard heating via electric

Description

Welcome to 1062 Premier Road, a charming bungalow located on a spacious 1.14-acre lot in one of North Bay's most desirable waterfront communities. Bright, welcoming, and full of character, this home offers the perfect blend of comfort, convenience, and outdoor living. Inside, you'll find 3 bedrooms, 1.5 bathrooms, and two separate living spaces, each featuring its own cozy fireplace-ideal for relaxing or entertaining. The living room showcases beautiful views of Lake Nipissing, creating a peaceful backdrop you'll enjoy year-round. Outdoor enthusiasts will love the unbeatable location, with public access to Lake Nipissing directly across the street, making swimming, boating, fishing, and lakeside walks just steps from your front door. In every season, this area offers endless opportunities to enjoy the outdoors. The property's large lot provides exceptional space for storing boats, trailers, RVs, ATVs, and all your recreational toys. A powered outbuilding offers the perfect space for a creative hobby space, studio, or additional storage. Well maintained and updated over the years, this home is move-in ready and perfectly suited for first-time buyers, downsizers, or anyone looking to embrace the ease of one-floor living without sacrificing space or lifestyle.

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date7/6/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionVinyl Siding
BasementCrawl Space
Lot Size40 × 999.99 Feet
CountyNipissing
Annual Tax$3,574
Legal DescriptionPCL 3834 SEC WF; PT LT 38 CON 13 WEST FERRIS; PT LT 39 CON 13 WEST FERRIS AS IN LT61200; NORTH BAY ; DISTRICT OF NIPISSING

Parking & Garage

Parking Spaces4.0
Garage Spaces4
Garage TypeNone

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
CoolingWall Unit(s)

Features

Property Features

Campground, Beach, Lake Access, Public Transit, School Bus Route

Interior Features

Sump Pump, Primary Bedroom - Main Floor, Water Heater, Water Meter, Storage

Security Features

Carbon Monoxide Detectors, Smoke Detector

Community Features

Location

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1062 Premier Road, North Bay, 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 1062 Premier Road, North Bay, ON P1A 2J1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Mortgage & Affordability Audit

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

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Interest Rate5.25%
Down Payment$21,450 (5.0%)
* Minimum Canadian down payment required for this price is $21,450.
Amortization Period25 Years
Estimated Monthly Payment$2,429Based on a loan of $407,550 over 25 years.
Purchase Price$429,000
Loan Amount$407,550
Provincial Land Transfer Tax:$5,055
Total Estimated Closing Taxes:$5,055

About Purchasing a Home in North Bay, ON

For a property listed at $429,000 in North Bay, the legal minimum down payment is $21,450 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 $5,055 for this transaction. As this listing is in North Bay (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $5,055.

Nearby Listings

Distance:

No current listings found in North Bay.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Ferris, North Bay.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$470,613

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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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.