554 Lakeshore Drive, North Bay, ON
Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Ferris. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $449,900 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.
- 3 Bedrooms and 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 44 x 395.3 ft lot
- Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient detached configuration
- Notable attributes: On Demand Water Heater
- Efficient forced air heating via gas
Description
Welcome to 554 Lakeshore Drive, where an exceptionally deep 395-foot lot creates a backyard that is as functional as it is inviting. This property offers an ideal blend of space, recreation, and practicality, making it a wonderful place for families, gardeners, hobbyists, and anyone who enjoys spending time outdoors.The expansive backyard is partially fenced and has been thoughtfully designed for all ages. Enjoy summer days in the heated 16-foot round above-ground pool, relax under the gazebo, or gather in the separate screened-in room, which is perfect as an outdoor dining area, children's play space, or quiet retreat. Children will love the play-set and sandboxes, while those with a green thumb will appreciate the garden beds and greenhouse.Adding even more value is the impressive 16' x 28' detached garage, built in 2023. Complete with 60-amp electrical service, a Reznor gas heater, and a spacious loft for additional storage, it offers excellent space for vehicles, hobbies, projects, or a workshop.The gate to the right of the house opens up to allow vehicles to the back of the property. Inside, the home has seen numerous important updates that provide peace of mind for years to come. Recent improvements include new shingles (2025), a 200-amp electrical service upgrade (2025), waterproof luxury vinyl plank flooring (2025), new siding, soffit and fascia (2021), new windows (2020), a Carrier gas furnace (2018), and a new front porch (2019). Ideally situated across the road from beautiful Lake Nipissing and close to schools, shopping, restaurants, parks, and other everyday amenities, this property combines convenience with an outstanding outdoor lifestyle. As an added benefit, the home has been pre-inspected, giving buyers additional confidence as they make their decision. This is a rare opportunity to own a property that offers so much space, so many updates, and endless possibilities both inside and out.
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Property Summary
This detached home located at 554 Lakeshore Drive, North Bay is currently for sale and has been available on SousaSells for 8 days. This property is listed at $449,900 with an estimated mortgage of $1,498* per month. It has 3 beds, 1 bathroom, and is 700-1100 square feet. 554 Lakeshore Drive, North Bay is in the Ferris neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 3 bedrooms and 1 bathroom, this home offers ample space and comfort for growing families in Ferris, North Bay.
- •3 spacious bedroom layout offering versatile living space
- •1 well-appointed bathroom
- •700-1100 sqft of generous functional square footage
Families, couples, or downsizers looking for a well-proportioned home in North Bay.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Beach
- Public Transit
- Rec./Commun.Centre
- School
- School Bus Route
- Wooded/Treed
Interior Features
- On Demand Water Heater
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 554 Lakeshore Drive, North Bay, ON
Q.What is the asking price for 554 Lakeshore Drive, North Bay, ON ?
The current listing price for 554 Lakeshore Drive, North Bay, ON in Ferris, North Bay is $449,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 3 bedrooms and 1 bathroom across approximately 700-1100 sqft.
Q.What property type and architectural style is 554 Lakeshore Drive, North Bay, ON ?
554 Lakeshore Drive, North Bay, ON is a Detached (1 1/2 Storey) featuring a Crawl Space basement.
Q.What key property features does 554 Lakeshore Drive, North Bay, ON offer?
Key property features include: Beach, Public Transit, Rec./Commun.Centre, School, School Bus Route, Wooded/Treed.
Q.What interior features are included in this home?
Interior highlights include: On Demand Water Heater.
Q.Is parking available at this property?
Yes, this property offers parking space for 5.0 vehicles (Detached).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via None.
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Pricing & Value Insights
Data-driven valuation for 554 Lakeshore Drive, North Bay, ON P1A 2E6
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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 $449,900 in North Bay, the legal minimum down payment is $22,495 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 $5,473 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 $5,473.
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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.