1497 Ferguson Street, North Bay, ON
Property Highlights
Welcome to this remarkable 2-Storey triplex located in the coveted neighborhood of Central. Expertly crafted featuring premium stucco (plaster) and vinyl siding construction, this residence presents an exceptional opportunity offered at $349,900 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.
- 7 Bedrooms and 3 Bathrooms with 3 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 75 x 60 ft lot
- Features a apartment basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available
- Notable attributes: None
- Efficient water heating via gas
Description
1497 Ferguson Street offers a three-unit investment property on a corner lot with ample parking and three separate hydro meters. The property consists of two 2-bedroom units and one 1-bedroom unit. One of the2-bedroom units features a large living room currently being used as a third bedroom. Unit 1 is currently vacant and is estimated to rent for approximately $1,400 per month, Unit 2 is rented for $1,465 per month, and Unit 3 is rented for $1,077 per month. The property requires updating and offers an opportunity for a buyer to complete improvements and increase the overall rental potential. With a vacant unit, separate hydro meters and existing rental income, this property is a solid option for an investor looking to add value to a multi-unit property.
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Property Summary
This triplex located at 1497 Ferguson Street, North Bay is currently for sale and has been available on SousaSells for 0 days. This property is listed at $349,900 with an estimated mortgage of $1,165* per month. It has 7 beds, 3 bathrooms, and is 1100-1500 square feet. 1497 Ferguson Street, North Bay is in the Central neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 7 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Central, North Bay.
- •7 spacious bedroom layout offering versatile living space
- •3 well-appointed bathrooms
- •1100-1500 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Central, North Bay.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Arts Centre
- Hospital
- Library
- Park
- Place Of Worship
- School
Interior Features
- None
Security Features
- None
Community Features
None listed
Frequently Asked Questions about 1497 Ferguson Street, North Bay, ON
Q.What is the asking price for 1497 Ferguson Street, North Bay, ON ?
The current listing price for 1497 Ferguson Street, North Bay, ON in Central, North Bay is $349,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 7 bedrooms and 3 bathrooms across approximately 1100-1500 sqft.
Q.What property type and architectural style is 1497 Ferguson Street, North Bay, ON ?
1497 Ferguson Street, North Bay, ON is a Triplex (2-Storey) featuring a Apartment basement.
Q.What key property features does 1497 Ferguson Street, North Bay, ON offer?
Key property features include: Arts Centre, Hospital, Library, Park, Place Of Worship, School.
Q.What interior features are included in this home?
Interior highlights include: None.
Q.What security features are installed at 1497 Ferguson Street, North Bay, ON ?
Security features include: None.
Q.Is parking available at this property?
Yes, this property offers parking space for 6.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via None.
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Pricing & Value Insights
Data-driven valuation for 1497 Ferguson Street, North Bay, ON P1B 1Y8
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 North Bay, ON
For a property listed at $349,900 in North Bay, the legal minimum down payment is $17,495 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 $3,724 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 $3,724.
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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.