533 LAKESHORE Drive, Unit Call LBO, North Bay, ON
Property no longer active
This property was sold on September 26, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Other condo apartment located in the coveted neighborhood of Ferris. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $499,000 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.
- 1 Bedroom and 2 Bathrooms
- Generous living space spanning 1200-1399 sqft
- 2.0 total parking spaces available with a convenient covered configuration
- Notable attributes: Water Heater, Other
- equipped with central air central cooling and highly efficient forced air heating via electric
Description
Completely remodeled unit at the beautiful Watersun Condominium complex on the shores of Lake Nipissing! This spacious 1,345 sq ft condo features an open-concept kitchen with an island, two sinks, new black stainless appliances, and stunning granite countertops. The layout is an entertainer’s dream, with a large dining and living area, all offering breathtaking lake views. Walk out to your private terrace and enjoy those famous sunsets. The master bedroom includes a walk-in closet with custom shelving and a newly renovated luxurious 4-piece ensuite. Additionally, there is a den or second bedroom, a renovated 2-piece bath, a storage room/office nook, and a convenient in-unit laundry room. Hardwood floors, California shutters, and custom blinds throughout. The unit comes with two parking spaces, one of which is covered, perfect for the winter months. This condominium boasts a private 200-foot sandy beach, BBQ area, and kayak storage. Condo fees cover water, furnace maintenance, use of a common room, snow removal, grass cutting, window washing, and access to a guest suite for overnight visitors. With over $90,000 in recent renovations within the condo unit, this is an opportunity you don’t want to miss. Move in and enjoy one of the building's most sought-after units!
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Property Summary
This condo apartment located at 533 LAKESHORE Drive, North Bay is currently for sale and has been available on SousaSells for 714 days. This property is listed at $499,000 with an estimated mortgage of $1,661* per month. It has 1 bed, 2 bathrooms, and is 1200-1399 square feet. 533 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
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Parking & Garage
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Water Heater, Other
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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 533 LAKESHORE Drive 502, North Bay, ON P1A 2E5
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 $499,000 in North Bay, the legal minimum down payment is $24,950 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 $6,455 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 $6,455.
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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.