501A Lakeshore Drive, North Bay, ON
Property no longer active
This property was sold on March 11, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Ferris. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $349,900 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.
- 4 Bedrooms and 2 Bathrooms
- Generous living space spanning 700-1100 sqft on a premium 49.51 x 110 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: Sump Pump, Water Heater Owned
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Charming 1.5-Storey Home Steps from Lake Nipissing. Welcome to this adorable, move-in ready home, perfectly situated just steps from the scenic waterfront park on beautiful Lake Nipissing. This cozy 1.5-storey gem offers 2+2 bedrooms and 2 full bathrooms, providing ample space for your family to grow and thrive. The home has been recently updated throughout, with upgrades completed in the last 5 years, including new siding, a modern kitchen, updated bathrooms, drywall, flooring, windows, doors, and trim. The comfortable gas heating and central air conditioning will keep you cozy year-round, while the durable metal roof offers peace of mind for years to come. Enjoy the convenience of a fenced-in yard, ideal for pets and outdoor activities, and embrace the best of both worlds with the peacefulness of the area and its proximity to essential amenities. Just a short walk away, you'll find the beach, groceries, LCBO, beer store, bank, movie theatre, bike path, and local restaurants everything you need is right at your doorstep! Don't miss out on this incredible opportunity to own a fully updated home in a prime location. Pre-inspection on file.
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Property Summary
This detached home located at 501A Lakeshore Drive, North Bay is currently for sale and has been available on SousaSells for 501 days. This property is listed at $349,900 with an estimated mortgage of $1,165* per month. It has 4 beds, 2 bathrooms, and is 700-1100 square feet. 501A Lakeshore 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, Lake/Pond, Park, Public Transit, Rec./Commun.Centre
Interior Features
Sump Pump, Water Heater Owned
Security Features
Carbon Monoxide Detectors, Smoke Detector
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 501A Lakeshore Drive, North Bay, ON P1A 2E3
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 $349,900 in North Bay, the legal minimum down payment is $17,495 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 $3,724 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 $3,724.
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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.