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Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Nipissing. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $1,400,000 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.
THIS IS A WONDERFUL OPPORTUNITY FOR A RETIRED COUPLE LOOKING TO STAY BUSY WITH A YEAR ROUND 3 BEDROOM BUNGALOW + A FULL UNFINISHED BASEMENT IDEALLY LOCATED ON A YEAR ROUND MUNICIPAL ROAD WITH 13.92 ACRES OF MATURE FOREST ON 1070 FEET OF RIVERFRONT ON THE SOUTH RIVER LEADING INTO LAKE NIPISSING FOR WONDERFUL FISHING OPPORTUNITIES. THERE ARE 5 SEASONAL FURNISHED COTTAGES (1X 3 BEDROOM + 4X2 BEDROOM)(2 ARE INSULATED). THERE ARE ALSO 12 TRAILER SITES (SOME WITH FULL HOOK UPS (HYDRO, WATER & GAS)SOME WITH HYDRO & WATER. ALL TRAILER SITES AND COTTAGES AND MAIN HOUSE OVERLOOK 1070 FEET OF RIVERFRONT ON THE SOUTH RIVER. AMAZING DOCK SPACE WITH 4 BOATS AND MOTORS INCLUDED. PRESENTLY OPENED MAY-OCT BUT COULD BE MADE YEAR ROUND. RARE FIND WITH PLENTY OF ROOM TO EXPAND FOR MORE SITES IF DESIRED. ALL OF RIVERFRONT AND ROAD FRONTAGE IS ZONED C3 FOR HOUSE, COTTAGES AND CAMPSITES. HALF OF THE ACREAGE IS ZONED EP WHICH CREATES TREED PRIVACY ON YOUR WATERFRONT ESTATE! WONDERFUL OPPORTUNITY FOR THE RIGHT BUYER. HST IS IN ADDITION TO THE PURCHASE PRICE. Vendor Take Back 1st Mortgage Available with 50% downpayment for 2 Years with Approved Credit.
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The current listing price for 836 LAKE NIPISSING Road, Nipissing, ON in Nipissing, Nipissing is $1,400,000.
This property features 3 bedrooms and 1 bathroom across approximately 700-1100 sqft.
836 LAKE NIPISSING Road, Nipissing, ON is a Detached (Bungalow) featuring a Full, Unfinished basement.
Key property features include: Campground, Lake Access, River/Stream, School Bus Route, Waterfront, Wooded/Treed.
Interior highlights include: Carpet Free, Primary Bedroom - Main Floor, Separate Hydro Meter, Guest Accommodations, Generator - Partial, Storage, Water Heater Owned, Water Treatment.
Security features include: Carbon Monoxide Detectors, Smoke Detector.
Yes, this property offers parking space for 50.0 vehicles (None).
Heating is provided via Electric and cooling via None.
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Data-driven valuation for 836 LAKE NIPISSING Road, Nipissing, ON P0H 1W0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Nipissing.
About Purchasing a Home in Nipissing, ON
For a property listed at $1,400,000 in Nipissing, the legal minimum down payment is $280,000 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 $24,475 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 $24,475.
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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.