582 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Property no longer active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 brick construction, this residence presents an exceptional opportunity offered at $334,000 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 1000-1199 sqft
- 1.0 total parking spaces available
- Notable attributes: None
- Efficient radiant heating via gas
Description
Looking for one floor living at one of North Bay’s most desired condo units. This 2bd, 1 bath, open concept unit is close to Lake Nipissing sandy beaches, and within walking distance to shopping, restaurants, bike path, city bus stop and all amenities. The freshly painted condo is heated with ceramic in-floor gas heat and has a walk out to a small patio. The affordable condo fees of $294.65 makes this a wise move when you are downsizing. Come enjoy the peace of mind of no more maintenance.
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Property Summary
This condo apartment located at 582 LAKESHORE Drive, North Bay is currently for sale and has been available on SousaSells for 687 days. This property is listed at $334,000 with an estimated mortgage of $1,112* per month. It has 2 beds, 1 bathroom, and is 1000-1199 square feet. 582 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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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 582 LAKESHORE Drive 5, North Bay, ON P1A 2E6
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 $334,000 in North Bay, the legal minimum down payment is $16,700 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 $3,485 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 $3,485.
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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.