542 Alsace Road, Nipissing, ON
Property no longer active
This property was sold on October 8, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Nipissing. Expertly crafted featuring premium wood and other construction, this residence presents an exceptional opportunity offered at $699,000 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 1100-1500 sqft on a premium 200 x 799.78 ft lot
- Features a walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available
- Notable attributes: None
- Efficient forced air heating via propane
Description
96 Acres of Possibilities! From weddings to retreats, hobby farming to Airbnb, 542 Alsace Road offers space, privacy, and endless opportunity now offered at $699,000.Big land. Big potential. Big price reduction. 542 Alsace Road offers 96 acres just outside Powassan the kind of property that can be whatever you need it to be. This 4-year-old 1.5-storey log home with two bedrooms plus a loft sits in a private setting of rolling fields, wooded trails, and open skies. Think beyond a single use. This could be a multi-generational family compound, a wedding or special event venue, a seasonal retreat, an Airbnb destination, a hobby farm or a mix of them all. The land and layout give you the flexibility to build the lifestyle and business you've imagined. On the property, you'll find an artesian well for a reliable water source, a private gravel pit for long-term utility, and an older sugar shack ready for a creative revamp. Nature lovers will appreciate the quiet location, the wildlife, and the endless room to roam. With a $50,000 price drop from $749,000 to $699,000, the door is wide open to secure a rare Northern Ontario property that delivers both space and opportunity.
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Property Summary
This detached home located at 542 Alsace Road, Nipissing is currently for sale and has been available on SousaSells for 436 days. This property is listed at $699,000 with an estimated mortgage of $2,327* per month. It has 2 beds, 1 bathroom, and is 1100-1500 square feet. 542 Alsace Road, Nipissing is in the Nipissing neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Wooded/Treed
Interior Features
None
Security Features
Carbon Monoxide Detectors, Smoke Detector
Community Features
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Location
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 542 Alsace Road, Nipissing, ON P0H 1Z0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Nipissing, ON
For a property listed at $699,000 in Nipissing, the legal minimum down payment is $44,900 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 $10,455 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 $10,455.
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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.