520 Wallace Road, North Bay, ON

$469,900
MLS#:X12127763
4 beds
2 baths
1100-1500 sqft
4.0 parking
Residential Freehold
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Property no longer active

This property was sold on May 14, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Sidesplit detached located in the coveted neighborhood of Birchaven. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $469,900 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 with 2 functional kitchens
  • Generous living space spanning 1100-1500 sqft on a premium 90 x 100 ft lot
  • Features a separate entrance, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available
  • Notable attributes: In-Law Capability, In-Law Suite, Primary Bedroom - Main Floor
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to this exceptional home in one of North Bays most desirable neighbourhoods, just minutes from parks, beaches, and everything nature has to offer. Nestled on a rare and spacious 90 x 100 lot, this property offers outstanding curb appeal and a backyard oasis thats truly one of a kind. Enjoy the ultimate outdoor lifestyle with a beautifully landscaped yard featuring lush perennials, a private in-ground pool, and an interlock patio perfect for entertaining. Inside, the main floor showcases an inviting open-concept layout with a cozy living room centred around a stunning fireplace, a bright dining area, and a modern kitchen ideal for family gatherings. The homes layout is thoughtfully designed with minimal stairs, offering easy access for all ages. The main hall leads to a full bathroom, a generous primary bedroom, and a versatile second bedroom/office with patio doors that lead onto the porch. A bonus two-bedroom in-law suite on the other side of the home includes its own kitchen and bathroom perfect for multigenerational living or future income potential. Easily converted back to a single-family layout, this home suits a wide range of buyers. Meticulously maintained with no updates needed, this is your chance to move right in and enjoy summer poolside in your own private retreat. Don't miss out!

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Property Summary

This detached home located at 520 Wallace Road, North Bay is currently for sale and has been available on SousaSells for 436 days. This property is listed at $469,900 with an estimated mortgage of $1,564* per month. It has 4 beds, 2 bathrooms, and is 1100-1500 square feet. 520 Wallace Road, North Bay is in the Birchaven 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
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMay 14, 2025
Sold price information is available to members only
Listed Date5/6/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleSidesplit
ConstructionVinyl Siding
BasementSeparate Entrance, Full
Lot Size90 × 100 Feet
CountyNipissing
Annual Tax$3,616.11
Legal DescriptionPCL 5386 SEC WF; PT LT 16 CON C WIDDIFIELD PT 1, 36R3266; NORTH BAY; DISTRICT OF NIPISSING

Parking & Garage

Parking Spaces4.0
Garage Spaces4
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Fenced Yard, Park, Lake/Pond, Place Of Worship, Public Transit, School

Interior Features

In-Law Capability, In-Law Suite, Primary Bedroom - Main Floor, Storage, Sump Pump, Water Heater

Security Features

Community Features

Location

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520 Wallace Road, 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 520 Wallace Road, North Bay, ON P1A 3T3

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$140,970 (30.0%)
* Minimum Canadian down payment required for this price is $23,495.
Amortization Period30 Years
Estimated Monthly Payment$1,564Based on a loan of $328,930 over 30 years.
Purchase Price$469,900
Loan Amount$328,930
Provincial Land Transfer Tax:$5,873
Total Estimated Closing Taxes:$5,873

About Purchasing a Home in North Bay, ON

For a property listed at $469,900 in North Bay, the legal minimum down payment is $23,495 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 $5,873 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 $5,873.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$698,273

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

Vincent Massey
Public15 Janey Avenue, North Bay, Ontario, P1C 1N1
6.6
Maple View
Public790 Norman Avenue, North Bay, Ontario, P1B 8C4
5.1
Héritage
Public2345 Connaught Avenue, North Bay, Ontario, P1B 0A3
3.8
Holy Cross
Public602 Lake Heights Road, North Bay, Ontario, P1A 2Z8
3.9
Saints-Anges
Public681 Chippewa Street West, North Bay, Ontario, P1B 6G8
4.3

Secondary Schools

Odyssée
Public480 Norman Avenue, North Bay, Ontario, P1B 0A8
6.9
Chippewa
Public539 Chippewa Street West, North Bay, Ontario, P1B 6G8
5.5
St. Joseph-Scollard Hall
Catholic675 O'Brien Street, North Bay, Ontario, P1B 9R3
5.4
Algonquin
Public555 Algonquin Avenue, North Bay, Ontario, P1B 4W8
3.1

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.