5 Strathcona Drive, North Bay, ON
Property Highlights
Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Ferris. Expertly crafted featuring premium brick and aluminum siding construction, this residence presents an exceptional opportunity offered at $499,999 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
- Generous living space spanning 700-1100 sqft on a premium 50 x 104 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient carport configuration
- Notable attributes: Primary Bedroom - Main Floor
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
First time on the market, this meticulously maintained and updated home at 5 Strathcona Drive is ready to welcome its new family. Entering you are greeted by gleaming hardwood floors throughout the main level. The living room and dining room feature ample natural light and a lovely gas fireplace, creating a warm and inviting atmosphere. The kitchen has been thoughtfully updated and includes a breakfast bar and newer cabinetry, along with a convenient side door for easy access to the yard. The main floor boasts three comfortable bedrooms and a four-piece bathroom. There are abundant closets for storage, and one of the bedrooms includes a patio door that opens directly to a large, beautifully manicured and landscaped yard. The spacious lower level offers a large family room complete with another gas fireplace, perfect for gatherings and relaxation. There is also a generous laundry and storage room, a two-piece bathroom, and a fourth bedroom to accommodate guests or family members. This home has received numerous upgrades over the years, including new windows, a carport, roof, furnace and air conditioning system, as well as a standby natural gas generator for peace of mind. The yard is fully fenced, providing privacy and safety, and an additional four feet behind the wooden fence offers even more gardening space. All this, combined with a large paved double driveway, carport, and two large sheds offers ample storage. The front lawn is equipped with manicured flower beds and a convenient sprinkler system.
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Property Summary
This detached home located at 5 Strathcona Drive, North Bay is currently for sale and has been available on SousaSells for 183 days. This property is listed at $499,999 with an estimated mortgage of $1,664* per month. It has 4 beds, 2 bathrooms, and is 700-1100 square feet. 5 Strathcona 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
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Beach, Fenced Yard, Park, Place Of Worship, Public Transit, School Bus Route
Interior Features
Primary Bedroom - Main Floor
Security Features
Alarm System
Community Features
Location
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 5 Strathcona Drive, North Bay, ON P1A 2M5
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 $499,999 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.