254 Silver Lady Lane, North Bay, ON

$2,300,000
MLS#:X12290887
5 beds
6 baths
5000 + sqft
14.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Birchaven. Expertly crafted featuring premium brick and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $2,300,000 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.

  • 5 Bedrooms and 6 Bathrooms
  • Generous living space spanning 5000 + sqft on a premium 165.6 x 132 ft lot
  • Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
  • 14.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Air Exchanger, Bar Fridge, Built-In Oven
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to 254 Silver Lady Lane; North Bay's Signature Lakefront Estate. Perfectly positioned on 187 feet of pristine sandy shoreline on iconic Trout Lake, 254 Silver Lady Lane is a timeless generational estate nestled in one of North Bay's most private and prestigious waterfront enclaves. This custom-crafted 6500' 5-bedroom, 6 bathroom residence masterfully blends lakeside tranquility with refined architectural design, offering a rare opportunity to own a true legacy property in an unparalleled setting.Thoughtfully designed for both elevated entertaining and relaxed family living, every bedroom features a private ensuite, offering comfort and privacy at every turn. The expansive primary suite enjoys uninterrupted lake views and direct access to the waterfront. A central open-concept living and dining space flows seamlessly to the outdoors, while the chefs kitchen is a true showpiece complete with an oversized island, custom cabinetry, and a sleek wet/coffee bar off the kitchen for effortless hosting and everyday luxury.The lake-level bathroom features an open walk-in shower with easy access from the water or pool, adding to the homes seamless indoor-outdoor lifestyle. Step outside to your private resort: in-ground pool, hot tub, stamped concrete terrace, outdoor kitchen with built in BBQ, and a sunset-facing gazebo all surrounded by curated landscaping and natural beauty. Additional highlights include a heated double attached garage, heated cedar-lined detached garage, three gas fireplaces, lake-drawn irrigation, drilled well, updated septic, newer shingle (2021),utility elevator located in the garage to lift your items to 3000' of storage ( additional square footage to the house) and smart-home window coverings. All set within the privacy and prestige of Silver Lady Lane. A sanctuary of sophistication on one of Ontario's most beloved lakes this is more than a home. Experience this home for yourself.

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Property Summary

This detached home located at 254 Silver Lady Lane, North Bay is currently for sale and has been available on SousaSells for 374 days. This property is listed at $2,300,000 with an estimated mortgage of $7,656* per month. It has 5 beds, 6 bathrooms, and is 5000 + square feet. 254 Silver Lady Lane, 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
5
Bathrooms
6
Kitchens
1
Living Area
5000 + sqft
Property Type
Residential Freehold

Additional Details

StatusTerminated
Listed Date7/17/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick, Stucco (Plaster)
BasementCrawl Space
Lot Size165.6 × 132 Feet
CountyNipissing
Annual Tax$18,941
Legal DescriptionPCL 9507 SEC NIP; LT 10 PL M144 WIDDIFIELD EXCEPTING THE ROW FOR THE TROUT LAKE COLONIZATION RD SHOULD IT PASS THROUGH THE SAID LT, EXCEPT PT 9 36R10233, T/W PT 1 36R10233 AS IN LT360487; NORTH BAY ; DISTRICT OF NIPISSING

Parking & Garage

Parking Total14.0
Parking Space12
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Beach, Cul de Sac/Dead End, Greenbelt/Conservation, Lake Access, Lake/Pond, Marina

Interior Features

Air Exchanger, Bar Fridge, Built-In Oven, Auto Garage Door Remote, Countertop Range, Floor Drain, In-Law Capability, On Demand Water Heater, Primary Bedroom - Main Floor, Separate Heating Controls, Solar Owned, Storage, Sewage Pump, Water Heater Owned, Water Treatment, Water Softener, Water Heater, Workbench, Upgraded Insulation, Water Purifier

Security Features

Carbon Monoxide Detectors, Smoke Detector

Community Features

Virtual Tours

Location

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254 Silver Lady Lane, 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 254 Silver Lady Lane, 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.

Market Trend
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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$690,000 (30.0%)
* Minimum Canadian down payment required for this price is $460,000.
Amortization Period30 Years
Estimated Monthly Payment$7,656Based on a loan of $1,610,000 over 30 years.
Purchase Price$2,300,000
Loan Amount$1,610,000
Provincial Land Transfer Tax:$43,975
Total Estimated Closing Taxes:$43,975

About Purchasing a Home in North Bay, ON

For a property listed at $2,300,000 in North Bay, the legal minimum down payment is $460,000 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 $43,975 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 $43,975.

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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.