533 LAKESHORE Drive, Unit 404, North Bay, ON

$629,900
MLS#:X12571740
2 beds
2 baths
1400-1599 sqft
2.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable Other condo apartment located in the coveted neighborhood of Ferris. Expertly crafted featuring premium concrete and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $629,900 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.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1400-1599 sqft
  • 2.0 total parking spaces available
  • Notable attributes: Ventilation System, Water Heater
  • equipped with central air central cooling and highly efficient forced air heating via electric

Description

Welcome to low-maintenance lakefront living in this spacious 2-bedroom, 2-bathroom end unit condo on the fourth floor. Step inside to an open-concept layout where hardwood floors flow through the main living area. The kitchen features ample storage and an eat-at island, perfectly positioned to overlook the living and dining spaces, ideal for everyday life and entertaining. A den offers flexibility as a home office or additional sitting area. Both bedrooms are situated on the Lakeshore Drive side for privacy and quiet from the main living areas. The primary bedroom has a walk-in closet and an ensuite bathroom with double sinks. A second bathroom with a walk-in shower serves the main living area. Practical features include in-suite laundry in the utility room with extra storage, and a private balcony with peaceful water views. The building provides a secure entrance and direct access to a sandy beach on Lake Nipissing. The unit includes two parking spaces (one covered) and is equipped with electric forced-air heating and air conditioning. 533 Lakeshore Drive, Unit 404 isn't just a condo, it's your gateway to effortless lakefront living, just minutes from North Bay's amenities.

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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 231 days. This property is listed at $629,900 with an estimated mortgage of $2,097* per month. It has 2 beds, 2 bathrooms, and is 1400-1599 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

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
1400-1599 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateDecember 17, 2025
Sold price information is available to members only
Listed Date11/24/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleOther
ConstructionConcrete, Stucco (Plaster)
BasementNone
CountyNipissing
Annual Tax$6,396.42

Parking & Garage

Parking Spaces2.0
Garage Spaces1
Garage TypeNone

Heating & Cooling

Heat SourceElectric
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Park, Public Transit, Lake Access, Clear View, Waterfront

Interior Features

Ventilation System, Water Heater

Security Features

Community Features

Virtual Tours

Location

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533 LAKESHORE Drive, Unit 404, 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 533 LAKESHORE Drive 404, North Bay, ON P1A 2E5

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$188,970 (30.0%)
* Minimum Canadian down payment required for this price is $37,990.
Amortization Period30 Years
Estimated Monthly Payment$2,097Based on a loan of $440,930 over 30 years.
Purchase Price$629,900
Loan Amount$440,930
Provincial Land Transfer Tax:$9,073
Total Estimated Closing Taxes:$9,073

About Purchasing a Home in North Bay, ON

For a property listed at $629,900 in North Bay, the legal minimum down payment is $37,990 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 $9,073 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 $9,073.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$452,308

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

Silver Birches
Public65 Marshall Avenue East, North Bay, Ontario, P1B 3L4
3.4
Our Lady of Fatima
Public60 Marshall Avenue East, North Bay, Ontario, P1A 1R1
4.5
École Saint-Raymond
Public22 Borge Avenue, North Bay, Ontario, P1A 2S7
2.1
Sunset Park
Public1191 Lakeshore Drive, North Bay, Ontario, P1B 8Z4
3.2
Saint-Vincent
Public124 King Street East, North Bay, Ontario, P1B 1P2
3.0

Secondary Schools

West Ferris
Public60 Marshall Park Drive, North Bay, Ontario, P1A 2P2
5.5

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.