55 BAIN Avenue, West Nipissing, ON

$84,900
MLS#:X12022650
0 beds
0 baths
< 700 sqft
Residential Freehold
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Property no longer active

This property was sold on May 22, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable vacant land located in the coveted neighborhood of Cache Bay. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $84,900 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.

  • 0 Bedrooms and 0 Bathrooms
  • Generous living space spanning < 700 sqft on a premium 198 x 132 ft lot
  • Notable attributes: None

Description

Huge vacant building lot for sale in Cache Bay. Presently municipal water is on site but municipal sewer would need to be brought to the property at a cost by the new buyer. The lot size is 198'x132' with 198 feet of road frontage on Bain Avenue. This property is only blocks away from the public boat launch in Cache Bay which is on Lake Nipissing. This property is being offered for sale at $84,900.00

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Property Summary

This vacant land located at 55 BAIN Avenue, West Nipissing is currently for sale and has been available on SousaSells for 488 days. This property is listed at $84,900 with an estimated mortgage of $283* per month. It has 0 beds, 0 bathrooms, and is < 700 square feet. 55 BAIN Avenue, West Nipissing is in the Cache Bay neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

000
Living Area
< 700 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMay 21, 2025
Sold price information is available to members only
Listed Date3/17/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeVacant Land
Lot Size198 × 132 Feet
CountyNipissing
Annual Tax$446.47
Legal DescriptionLT 37-39 PL 24 (AKA 30) SPRINGER; PT LT 45, 54 PL 24 (AKA PL 30) SPRINER AS IN NB122558 EXCEPT PT 1 36R-12068; WEST NIPISSING; DISTRICT OF NIPISSING.

Parking & Garage

Garage TypeNone

Heating & Cooling

Features

Property Features

Interior Features

None

Security Features

Community Features

Location

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55 BAIN Avenue, West Nipissing, 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 55 BAIN Avenue, West Nipissing, ON P0H 1G0

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.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in West Nipissing.

Configure Loan Settings

Interest Rate4.00%
Down Payment$25,470 (30.0%)
* Minimum Canadian down payment required for this price is $4,245.
Amortization Period30 Years
Estimated Monthly Payment$283Based on a loan of $59,430 over 30 years.
Purchase Price$84,900
Loan Amount$59,430
Provincial Land Transfer Tax:$574
Total Estimated Closing Taxes:$574

About Purchasing a Home in West Nipissing, ON

For a property listed at $84,900 in West Nipissing, the legal minimum down payment is $4,245 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 $574 for this transaction. As this listing is in West Nipissing (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $574.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Cache Bay, West Nipissing.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$495,492

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

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Secondary Schools

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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.