Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Ferris. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $500,000 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.
Beautifully updated five-bedroom and two-bathroom home in a very family-friendly neighborhood. Located close to the beaches of Lake Nipissing as well as the Kate Paceway and parks, this home is sure to please. The main floor has an open concept kitchen and dining room, along with a large living room and access to the back deck. There are four bedrooms upstairs with a full bathroom. The lower level offers a bedroom, full bathroom, family room, laundry, and storage. There is also a separate entrance offering the potential for a rental suite. Outside, you will enjoy a large yard, walking distance to the lake, a carport, and a detached garage. Two efficient heat pumps keep you warm all winter long and offer air conditioning to keep you cool all summer. Floor plans and utilities are also available. Have a look today, you won't be disappointed. **THE SELLER WILL PAY THE PROPERTY TAXES OF $3,977.41 FOR ONE YEAR FOR THE SUCCESSFUL BUYER**
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Beach, Lake/Pond, Public Transit, Rec./Commun.Centre, School, School Bus Route
Other
Carbon Monoxide Detectors, Smoke Detector
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 25 Rowe Avenue, North Bay, ON P1A 1W8
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 North Bay.
About Purchasing a Home in North Bay, ON
For a property listed at $500,000 in North Bay, the legal minimum down payment is $25,000 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 $6,475 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 $6,475.
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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.