931 Premier Road, North Bay, ON
Property no longer active
This property was sold on June 23, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Ferris. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $425,000 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.
- 1 Bedroom and 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 62 x 168 ft lot
- Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient detached configuration
- Notable attributes: None
- Efficient baseboard heating via electric
Description
Welcome to 931 PREMIER RD Waterfront Opportunity in North Bay. This rare Lake Nipissing waterfront property offers 62 feet of sandy beach in a prime city location. The current one-bedroom bungalow provides basic living space with a main bathroom, living room, and large entranceway. A front deck off the living room looks out toward the water, while mature trees add privacy along the shoreline. A detached single-car garage and paved driveway complete the property. The real value here is the land and location. Situated on Premier Road, you're close to Champlain Park, the dog park, and the boat launch perfect for enjoying lake life. While the existing home needs work, the property presents a unique chance to create your dream waterfront retreat right within North Bay city limits. Whether you're considering a renovation, building new, or holding the land, this is an opportunity to own Lake Nipissing frontage in the city. The sandy beach and established trees create that classic cottage atmosphere while keeping urban conveniences nearby.
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Property Summary
This detached home located at 931 Premier Road, North Bay is currently for sale and has been available on SousaSells for 422 days. This property is listed at $425,000 with an estimated mortgage of $1,415* per month. It has 1 bed, 1 bathroom, and is 700-1100 square feet. 931 Premier Road, 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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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 931 Premier Road, North Bay, ON P1A 2H7
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 $425,000 in North Bay, the legal minimum down payment is $21,250 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 $4,975 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 $4,975.
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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.