43 KARLA Drive, North Bay, ON

$290,000
MLS#:X11896627
4 beds
2 baths
700-1100 sqft
3.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow-Raised semi-detached located in the coveted neighborhood of Ferris. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $290,000 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.

  • 4 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Generous living space spanning 700-1100 sqft on a premium 30.05 x 124 ft lot
  • Features a separate entrance, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available
  • Notable attributes: Accessory Apartment
  • Efficient forced air heating via gas

Description

Welcome to 43 Karla Drive. This home offers recent renovations and refreshes completed in December of 2024 including flooring, bathroom, patio doors, kitchen and fresh paint. Nestled off of Lakeshore and Marshall, this home is in a quiet, residential neighbourhood just a 5 minutes walk to Lake Nipissing. Walking distance to shopping such as groceries, a hardware store, and clothing shops, this location is ideal for any homebuyer or investor. Schools from elementary to high school are located within walking distance as well. A variety of public beach accesses are located nearby and offer convenient enjoyment of beautiful lake Nipissing. This home also offers an accessory apartment to help with bills and/or mortgage payments. The upper area and part of the basement are vacant and ready for a new owner to take over and make their own, all while having an occupied accessory apartment. Book your showing today and don't miss this excellent opportunity.

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Property Summary

This detached home located at 43 KARLA Drive, North Bay is currently for sale and has been available on SousaSells for 574 days. This property is listed at $290,000 with an estimated mortgage of $965* per month. It has 4 beds, 2 bathrooms, and is 700-1100 square feet. 43 KARLA Drive, North Bay is in the Ferris neighborhood.

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

Key Features

Bedrooms
4
Bathrooms
2
Kitchens
2
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date12/18/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeSemi-Detached
Architectural StyleBungalow-Raised
ConstructionAluminum Siding
BasementSeparate Entrance, Finished
Lot Size30.05 × 124 Feet
CountyNipissing
Annual Tax$2,579
Legal DescriptionSee Realtor Remarks

Parking & Garage

Parking Spaces3.0
Garage Spaces3
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingNone

Features

Property Features

Interior Features

Accessory Apartment

Security Features

Community Features

Location

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43 KARLA Drive, 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 43 KARLA Drive, North Bay, ON P1A 3W8

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$87,000 (30.0%)
* Minimum Canadian down payment required for this price is $14,500.
Amortization Period30 Years
Estimated Monthly Payment$965Based on a loan of $203,000 over 30 years.
Purchase Price$290,000
Loan Amount$203,000
Provincial Land Transfer Tax:$2,825
Total Estimated Closing Taxes:$2,825

About Purchasing a Home in North Bay, ON

For a property listed at $290,000 in North Bay, the legal minimum down payment is $14,500 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 $2,825 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 $2,825.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$452,354

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

Silver Birches
Public65 Marshall Avenue East, North Bay, Ontario, P1B 3L4
3.4
Our Lady of Fatima
Public60 Marshall Avenue East, North Bay, Ontario, P1A 1R1
4.5
École Saint-Raymond
Public22 Borge Avenue, North Bay, Ontario, P1A 2S7
2.1
Sunset Park
Public1191 Lakeshore Drive, North Bay, Ontario, P1B 8Z4
3.2
Saint-Vincent
Public124 King Street East, North Bay, Ontario, P1B 1P2
3.0

Secondary Schools

West Ferris
Public60 Marshall Park Drive, North Bay, Ontario, P1A 2P2
5.5

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.