131 PENINSULA Road, North Bay, ON

$1,249,900
MLS#:X12288523
3 beds
3 baths
3000-3500 sqft
10.0 parking
Residential Freehold
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Property no longer active

This property was sold on November 7, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Birchaven. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,249,900 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.

  • 3 Bedrooms and 3 Bathrooms
  • Generous living space spanning 3000-3500 sqft on a premium 108 x 204 ft lot
  • Features a walk-out, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 10.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Central Vacuum
  • equipped with central air central cooling and highly efficient forced air heating via propane

Description

Luxury Living Meets Lakeside Comfort on Trout Lake! Experience the perfect blend of convenience and luxury in this fully remodeled, all-brick home with coveted southern exposure on One Mile Bay. Step into a grand entrance featuring a double staircase with custom iron railings. The expansive living room offers breathtaking views of the lake and surrounding trees, while the spacious dining room is ideal for entertaining. Enjoy the ambiance of a two-way fireplace and a custom kitchen equipped with built-in stainless steel appliances, granite countertops, and a center island. The kitchen leads directly to a large outdoor patio and BBQ area. The upper family room, affectionately known as "The Ballroom," boasts endless potential with its immaculate views and unique character. Retreat to the master suite, which features double door entry, his-and-hers walk-in closets, and a primary ensuite with a glass shower and soaker tub. Two additional large bedrooms, three baths, a sauna, laundry room complete the indoor living spaces. Double car garage with a heated workshop overlooking the lake, multiple entry points, a bonus storage room, and a large driveway for all your toys. Enjoy the beautiful shoreline with stunning views down the bay, large docking system for your boat and deep water for swimming. Conveniently located just 10 minutes from town, with ATV and snowmobile trails at your doorstep, a local pub/restaurant within walking distance, and Nordic skiing minutes away.

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Property Summary

This detached home located at 131 PENINSULA Road, North Bay is currently for sale and has been available on SousaSells for 366 days. This property is listed at $1,249,900 with an estimated mortgage of $4,160* per month. It has 3 beds, 3 bathrooms, and is 3000-3500 square feet. 131 PENINSULA Road, North Bay is in the Birchaven neighborhood.

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

Key Features

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

Additional Details

StatusSold
Sold DateAugust 6, 2025
Sold price information is available to members only
Listed Date7/16/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementWalk-Out, Finished
Lot Size108 × 204 Feet
CountyNipissing
Annual Tax$10,319.56
Legal DescriptionPCL 9-1 SEC 36M384; LT 9 PL M384 WIDDIFIELD; NORTH BAY; DISTRICT OF NIPISSING

Parking & Garage

Parking Total10.0
Parking Space8
Garage TypeAttached

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Lake Access, Lake/Pond, School, School Bus Route

Interior Features

Central Vacuum

Security Features

Community Features

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Location

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131 PENINSULA 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 131 PENINSULA Road, North Bay, ON P1B 8G4

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 North Bay.

Configure Loan Settings

Interest Rate4.00%
Down Payment$374,970 (30.0%)
* Minimum Canadian down payment required for this price is $249,980.
Amortization Period30 Years
Estimated Monthly Payment$4,160Based on a loan of $874,930 over 30 years.
Purchase Price$1,249,900
Loan Amount$874,930
Provincial Land Transfer Tax:$21,473
Total Estimated Closing Taxes:$21,473

About Purchasing a Home in North Bay, ON

For a property listed at $1,249,900 in North Bay, the legal minimum down payment is $249,980 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 $21,473 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 $21,473.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$698,273

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

Vincent Massey
Public15 Janey Avenue, North Bay, Ontario, P1C 1N1
6.6
Maple View
Public790 Norman Avenue, North Bay, Ontario, P1B 8C4
5.1
Héritage
Public2345 Connaught Avenue, North Bay, Ontario, P1B 0A3
3.8
Holy Cross
Public602 Lake Heights Road, North Bay, Ontario, P1A 2Z8
3.9
Saints-Anges
Public681 Chippewa Street West, North Bay, Ontario, P1B 6G8
4.3

Secondary Schools

Odyssée
Public480 Norman Avenue, North Bay, Ontario, P1B 0A8
6.9
Chippewa
Public539 Chippewa Street West, North Bay, Ontario, P1B 6G8
5.5
St. Joseph-Scollard Hall
Catholic675 O'Brien Street, North Bay, Ontario, P1B 9R3
5.4
Algonquin
Public555 Algonquin Avenue, North Bay, Ontario, P1B 4W8
3.1

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.