389 South River Road, Nipissing, ON

$795,000
MLS#:X12228482
5 beds
3 baths
3000-3500 sqft
25.0 parking
Residential Freehold
Loading property media...
⚠️

Property no longer active

This property was sold on June 30, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 3-Storey detached located in the coveted neighborhood of Nipissing. Expertly crafted featuring premium board & batten and brick construction, this residence presents an exceptional opportunity offered at $795,000 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.

  • 5 Bedrooms and 3 Bathrooms
  • Generous living space spanning 3000-3500 sqft on a spacious lot (Feet)
  • Features a finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
  • 25.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Auto Garage Door Remote, Floor Drain, Generator - Partial
  • Efficient forced air heating via propane

Description

389 South River Road offers a true country estate privately tucked back from the road, accessed by a private laneway, and set on approximately 15 acres of mixed forest. This thoughtfully designed five-bedroom, three-bathroom home blends comfort, functionality, and privacy for modern country living. The open-concept kitchen, dining, and living area features, large windows, and multiple spaces for entertaining and family gatherings. A three-season sunroom off the kitchen connects seamlessly to a private sitting area with a hot tub. The spacious primary suite offers a private balcony, walk-in closet, and full ensuite, while two additional oversized bedrooms and a sauna complete the main level. The upper-level den features panoramic countryside views, built-in bar, and balcony, while the finished lower-level walkout includes a large recreation room and two additional bedrooms, ideal for multi-generational living or in-law accommodations. An attached 2.5-car 30'x23' garage with an adjoining storage room offers excellent space for vehicles and equipment. The property also includes a detached garage 40'x26' with barn extension 28'x35', featuring four walk-in stalls, chicken coop, livestock space, and lean to 10'x36' for tractors or trailers. Additional outbuildings include a 10'x 28' storage garage. The property is fenced with electric fencing hook-ups, ideal for horses, livestock, or hobby farming. Located less than 1 km from a public boat launch, 500m from the snowmobile trail, and walking distance to amenities, with year-round access on a municipally maintained road. Heated with propane furnace and radiant wood/propane backup, partial generator backup, wraparound deck, and ample parking, this property is perfectly designed for privacy, recreation, and true country living.

Schedule a Tour

Contact us to schedule a private viewing of this property.

Contact Agent

Generate CMA Report

Property Summary

This detached home located at 389 South River Road, Nipissing is currently for sale and has been available on SousaSells for 396 days. This property is listed at $795,000 with an estimated mortgage of $2,646* per month. It has 5 beds, 3 bathrooms, and is 3000-3500 square feet. 389 South River Road, Nipissing is in the Nipissing neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
5
Bathrooms
3
Kitchens
1
Living Area
3000-3500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 30, 2025
Sold price information is available to members only
Listed Date6/17/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style3-Storey
ConstructionBoard & Batten , Brick
BasementFinished with Walk-Out
CountyParry Sound
Annual Tax$4,196.94
Legal DescriptionPCL 5993 SEC NS; PT BROKEN LT 14 CON 11 NIPISSING; PT BROKEN LT 15 CON 11 NIPISSING AS IN LT34760 (FOURTHLY) EXCEPT LT60943, PT 1 42R2408, PT 3 42R2601, PT 1, 2 42R3188, PT 1, 2 42R3844, PT 1 42R5142, PT 4 42R5939, PT 3 42R6614 AND THE LANDS COVERED WITH THE WATERS OF THE SOUTH RIVER CROSSING THE SAID LANDS; NIPISSING

Parking & Garage

Parking Total25.0
Parking Space20
Garage TypeAttached

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingNone

Features

Property Features

Clear View, Lake Access, Marina, Place Of Worship, River/Stream, School

Interior Features

Auto Garage Door Remote, Floor Drain, Generator - Partial, In-Law Capability, On Demand Water Heater, Propane Tank, Sauna, Separate Heating Controls, Storage, Water Heater Owned, Water Treatment, Workbench

Security Features

Carbon Monoxide Detectors, Smoke Detector

Community Features

Virtual Tours

Location

Initializing map...
389 South River Road, Nipissing, ON
Loading local market trends...

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 389 E South River Road, Nipissing, ON P0H 1H0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
Loading stats...

Properties in this area are selling at a steady pace.

Market Trend
Calculating trend...

Mortgage & Affordability Audit

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

Configure Loan Settings

Interest Rate4.00%
Down Payment$238,500 (30.0%)
* Minimum Canadian down payment required for this price is $54,500.
Amortization Period30 Years
Estimated Monthly Payment$2,646Based on a loan of $556,500 over 30 years.
Purchase Price$795,000
Loan Amount$556,500
Provincial Land Transfer Tax:$12,375
Total Estimated Closing Taxes:$12,375

About Purchasing a Home in Nipissing, ON

For a property listed at $795,000 in Nipissing, the legal minimum down payment is $54,500 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 $12,375 for this transaction. As this listing is in Nipissing (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $12,375.

Similar Listings Nearby

City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$666,056

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

South Shore Education
Public60 Beatty Street, Nipissing Township, Ontario, P0H 1W0
8.4

Secondary Schools

No secondary schools data loaded.

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

Need more details or a custom CMA?

Generate a full market evaluation or explore city guides using the sidebar links.

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.