48 LEE Avenue, North Bay, ON

$379,900
MLS#:X12310381
3 beds
1 baths
700-1100 sqft
5.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Ferris. Expertly crafted featuring premium concrete and vinyl siding construction, this residence presents an exceptional opportunity offered at $379,900 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 1 Bathroom
  • Generous living space spanning 700-1100 sqft on a premium 40 x 100 ft lot
  • 5.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: On Demand Water Heater
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

48 Lee Avenue An Intentionally Updated Bungalow in West Ferris. This thoughtfully improved bungalow in North Bay's West Ferris neighbourhood shows what happens when updates are done with purpose rather than just for show. The owners have made deliberate choices that enhance daily living throughout the home. The kitchen features quartz countertops paired with stainless steel appliances, while the brick accent wall in the dining area and well-planned lighting create a welcoming atmosphere. The open layout maintains good flow between living spaces while keeping distinct functional areas. Three good-sized bedrooms offer comfortable accommodations, complemented by a four-piece bathroom upgraded with practical storage solutions. The convenient mudroom/laundry area with garage access demonstrates the home's focus on livability. Outside, the property features a paved driveway with ample parking, a detached single-car garage, and a partially fenced yard that strikes a balance between privacy and openness. The West Ferris location delivers excellent convenience with North Bay Mall just five minutes away, St. Francis School within walking distance, and easy access to the Kate Pace Way trails, West Ferris Arena, and Lake Nipissing. With its purposeful renovations, functional layout, and prime location, this bungalow stands out as a smart choice for buyers who appreciate updates that were made with long-term living in mind. Now it's time to move in and call 48 Lee Ave home!

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Property Summary

This detached home located at 48 LEE Avenue, North Bay is currently for sale and has been available on SousaSells for 353 days. This property is listed at $379,900 with an estimated mortgage of $1,265* per month. It has 3 beds, 1 bathroom, and is 700-1100 square feet. 48 LEE Avenue, 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
3
Bathrooms
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 11, 2025
Sold price information is available to members only
Listed Date7/28/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionConcrete, Vinyl Siding
BasementNone
Lot Size40 × 100 Feet
CountyNipissing
Annual Tax$2,873.55
Legal DescriptionLT 101 WEST FERRIS; NORTH BAY ; DISTRICT OF NIPISSING

Parking & Garage

Parking Spaces5.0
Garage Spaces4
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Park, Public Transit, School, Lake Access

Interior Features

On Demand Water Heater

Security Features

Smoke Detector, Carbon Monoxide Detectors

Community Features

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Location

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48 LEE Avenue, 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 48 LEE Avenue, North Bay, ON P1A 2J7

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.

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Interest Rate4.00%
Down Payment$113,970 (30.0%)
* Minimum Canadian down payment required for this price is $18,995.
Amortization Period30 Years
Estimated Monthly Payment$1,265Based on a loan of $265,930 over 30 years.
Purchase Price$379,900
Loan Amount$265,930
Provincial Land Transfer Tax:$4,174
Total Estimated Closing Taxes:$4,174

About Purchasing a Home in North Bay, ON

For a property listed at $379,900 in North Bay, the legal minimum down payment is $18,995 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 $4,174 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 $4,174.

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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.