7 GERTRUDE Street, North Bay, ON

$284,500
MLS#:X10709295
2 beds
1 baths
700-1100 sqft
2.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Ferris. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $284,500 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 700-1100 sqft on a premium 52.42 x 59.75 ft lot
  • Features a unfinished, crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available
  • Notable attributes: Upgraded Insulation
  • equipped with other central cooling and highly efficient forced air heating via gas

Description

Welcome to 7 Gertrude Street! Whether you're looking for a starter home or the perfect place to retire, this charming bungalow might be just what you need. This well-maintained home features two cozy bedrooms and a recently updated bathroom with a walk-in shower and heated floors, adding a touch of luxury to your daily routine. The eat-in kitchen is perfect for casual meals and gatherings, and a separate laundry area/mudroom, newly updated with insulation, drywall, flooring, and electrical work, provide extra convenience and functionality. Step outside to a fully fenced in private backyard, where you'll find an 8x10 shed (with power) to meet all your storage needs. The home also includes a pull-down ladder that leads to a heated and insulated attic space, offering additional storage or potential for a small office or hobby area. The exterior of the home has been enhanced with new insulation and siding, ensuring energy efficiency and a fresh look. The crawl space has been recently insulated and waterproofed, complete with a warranty for added peace of mind. For your comfort, the forced air gas furnace was updated in 2021, and a ductless air conditioning system was recently installed, which also serves as a heat alternative. This bungalow is ideal for those seeking one-floor living with modern amenities and updates. Offers are welcome anytime! Don't miss the opportunity to make 7 Gertrude Street your new home.

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Property Summary

This detached home located at 7 GERTRUDE Street, North Bay is currently for sale and has been available on SousaSells for 732 days. This property is listed at $284,500 with an estimated mortgage of $947* per month. It has 2 beds, 1 bathroom, and is 700-1100 square feet. 7 GERTRUDE Street, 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
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date7/9/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionVinyl Siding
BasementUnfinished, Crawl Space
Lot Size52.42 × 59.75 Feet
CountyNipissing
Annual Tax$2,541.51
Legal DescriptionPCL 36-1 SEC 36M210; WLY PT LT 35 PL M210 WEST FERRIS; WLY PT LT 36 PL M210 WEST FERRIS AS IN LT65493; NORTH BAY ; DISTRICT OF NIPISSING

Parking & Garage

Parking Spaces2.0
Garage Spaces2
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingOther

Features

Property Features

Golf, Hospital

Interior Features

Upgraded Insulation

Security Features

Community Features

Location

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7 GERTRUDE Street, 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 7 GERTRUDE Street, North Bay, ON P1A 1J7

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$85,350 (30.0%)
* Minimum Canadian down payment required for this price is $14,225.
Amortization Period30 Years
Estimated Monthly Payment$947Based on a loan of $199,150 over 30 years.
Purchase Price$284,500
Loan Amount$199,150
Provincial Land Transfer Tax:$2,743
Total Estimated Closing Taxes:$2,743

About Purchasing a Home in North Bay, ON

For a property listed at $284,500 in North Bay, the legal minimum down payment is $14,225 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 $2,743 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 $2,743.

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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$452,163

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.