582 Lakeshore Drive, Unit 8, North Bay, ON

$449,900
MLS#:X12397185
2 beds
2 baths
1200-1399 sqft
2.0 parking
Residential Condo & Other
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Property no longer active

This property was sold on September 19, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow condo townhouse located in the coveted neighborhood of Ferris. Expertly crafted featuring premium brick 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.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1200-1399 sqft
  • 2.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Carpet Free, On Demand Water Heater, Other
  • equipped with wall unit(s) central cooling and highly efficient water heating via gas

Description

Welcome to 582 Lakeshore Drive, Unit 8a charming one-level condo townhouse just minutes from beautiful Lake Nipissing. This clean and bright home offers a functional layout featuring a spacious primary bedroom with ensuite, a second bedroom, and a second bathroom. Enjoy carpet-free living with low-maintenance finishes, in-suite laundry, and the convenience of a single-car garage. Step out to your private patio, perfect for morning coffee or evening relaxation, all in a quiet, well-kept community. A fantastic opportunity for those seeking comfort and ease of living in a desirable location.

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Property Summary

This townhouse located at 582 Lakeshore Drive, North Bay is currently for sale and has been available on SousaSells for 310 days. This property is listed at $449,900 with an estimated mortgage of $1,498* per month. It has 2 beds, 2 bathrooms, and is 1200-1399 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

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
1200-1399 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateSeptember 18, 2025
Sold price information is available to members only
Listed Date9/10/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Townhouse
Architectural StyleBungalow
ConstructionBrick
BasementNone
CountyNipissing
Annual Tax$4,240.23

Parking & Garage

Parking Spaces2.0
Garage Spaces1
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeWater
CoolingWall Unit(s)

Features

Property Features

Beach, Lake/Pond, Other, Park, Public Transit, School

Interior Features

Carpet Free, On Demand Water Heater, Other, Primary Bedroom - Main Floor, Water Heater

Security Features

Alarm System, Carbon Monoxide Detectors, Security System, Smoke Detector

Community Features

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Location

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582 Lakeshore Drive, Unit 8, 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 582 Lakeshore Drive 8, North Bay, ON P1A 2E6

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$134,970 (30.0%)
* Minimum Canadian down payment required for this price is $22,495.
Amortization Period30 Years
Estimated Monthly Payment$1,498Based on a loan of $314,930 over 30 years.
Purchase Price$449,900
Loan Amount$314,930
Provincial Land Transfer Tax:$5,473
Total Estimated Closing Taxes:$5,473

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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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$452,354

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.