502 Lakeshore Drive, North Bay, ON
Property Highlights
Welcome to this remarkable Bungalow semi-detached located in the coveted neighborhood of Ferris. Expertly crafted featuring premium vinyl siding and brick construction, this residence presents an exceptional opportunity offered at $374,000 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.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 700-1100 sqft on a premium 30.04 x 145 ft lot
- Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: Primary Bedroom - Main Floor, Water Heater, Storage
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to this charming and versatile 3+1 bedroom, 2-bathroom home, perfectly situated in one of North Bay's most desirable family-friendly neighborhoods. With beautiful views of Lake Nipissing from much of the main floor, this home offers a picturesque setting for everyday living. The home features a bright and spacious layout ideal for single-family living with the potential to utilize the lower level's 1-bedroom, 1-bathroom with separate entrance to create a space for extended family, guests or your growing family. Step outside and enjoy your own private in-ground pool on hot summer days, or take a short walk to enjoy the neighborhood beaches and parks. Conveniently located within walking distance to schools, shopping, dining, and all essential amenities, this home offers the best of convenience and lifestyle. Whether you're entertaining by the pool or taking in a quiet evening with a lakefront sunset, this property is truly a rare find in a prime location. This home is pre-inspected so you can buy with confidence.
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Property Summary
This detached home located at 502 Lakeshore Drive, North Bay is currently for sale and has been available on SousaSells for 365 days. This property is listed at $374,000 with an estimated mortgage of $1,245* per month. It has 3 beds, 2 bathrooms, and is 700-1100 square feet. 502 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, Campground, Lake Access, Public Transit, School Bus Route, School
Interior Features
Primary Bedroom - Main Floor, Water Heater, Storage
Security Features
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 502 Lakeshore Drive, North Bay, ON P1A 2E4
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 $374,000 in North Bay, the legal minimum down payment is $18,700 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 $4,085 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 $4,085.
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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.