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$639,900

$659,900For salePrice drop↓ $20,000 (3%)

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551 Lavigne Road, East Ferris - Single Family for Sale

551 Lavigne Road, East Ferris, Ontario, P0H1K0

4 beds2 baths5 parking1,300 ft²213 × 417 ft (2.04 acres) lot sizeListed 20 days ago

Overview

This 4-bedroom, 2-bathroom home in East Ferris is for sale offering roughly 1,300 sq ft of space. Its $639,900 asking price sits right in line with the $649,900 median in East Ferris. It has been on the market 20 days, fresher than the East Ferris average of 94 days.

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Description

Welcome to your own private retreat in East Ferris! Located less than 20 minutes from downtown North Bay, this 10-year-old home offers the perfect blend of privacy, convenience, and family-friendly living, all set on 2 acres of private property. The open-concept living area creates a welcoming space for everyday living and entertaining, while 4 bedrooms, with 2 on the main level and 2 on the lower level, provide plenty of room for the whole family. The spacious main bathroom features a double-sink vanity, while the walkout basement offers a generously sized living room perfect for family gatherings and movie nights, a full bathroom, wet bar, and large utility/laundry room. A pellet stove adds warmth and charm, creating the perfect setting for cozy nights in. Step outside to enjoy the two-tiered deck, ideal for hosting family and friends, and a 24' x 50' saltwater above-ground pool ready for endless summer fun. Additional features include a 10' x 20' ShelterLogic and a 8' x 12' shed for extra storage and vianet fibre high-speed internet, making working from home a breeze. With plenty of space to spread out, relax, and make lasting memories, this East Ferris property offers the perfect setting to enjoy peaceful country living without sacrificing convenience! (id:66096)

Property Details

MLS®: X14080430
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 2 above · 2 below
Bathrooms: 2
Parking: 5
Interior Size: 1,300 ft²
Lot Size: 213 × 417 ft (2.04 acres)
Frontage: 213 ft
Storeys: 1
Style: Raised bungalow
Basement: Finished, Walk out, N/A
Heating: Forced air, Propane, Wood
Cooling: Central air conditioning, Air exchanger
Garage: No Garage
Fireplace: Yes
Pool: Yes
Ownership

Rooms

Basement

Bedroom: 3.84 x 3.05 meters
Bathroom: 2.16 x 2.16 meters
Recreational, Games room: 8.05 x 3.99 meters
Laundry room: 4.3 x 3.67 meters

Main level

Bathroom: 3.05 x 1.25 meters
Bedroom 4: 3.37 x 4.9 meters
Bedroom 2: 3.87 x 3.05 meters
Foyer: 1.86 x 1.53 meters
Dining room: 3.35 x 3.05 meters
Kitchen: 5.2 x 3.67 meters

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave
Foundation: Block
Exterior: Vinyl siding

Services

Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

20d

East Ferris listings, avg age

94d

Price / ft²

$492

List price

$640K

Homes here sell faster than most markets

Sold homes in this market spent an average of 37 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell close to asking price

Homes in this market sold for an average of 98.8 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

This 4-bed single family in East Ferris has been listed for 20 days, which is 74 days fresher than the city average of 94. Act while there is still low competition.

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Listed by Century 21 Blue Sky Region Realty Inc., Brokerage · ERIKA COLWELL

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P0H)

This home lists at $639,900, about 8.0× the local median household income of $80,000.

Carrying it typically needs a household income of about $124,995 (20% down, 25-yr amortization, stress-tested) — roughly 56% above the area median.

Median household income: $80,000
Population: 31,909
Median age: 50.8
Owner / renter: 87% / 14%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA P0H)

$639,900· $492/ft²

For sale

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Full Cost Breakdown

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Down Payment6.09% · $38,990

Min 6.09%50%

Mortgage payment$3,332/mo

↳ CMHC premium ($24,036 capitalized)

Property tax (est.)$274/mo

Total monthly$3,606

Cash Needed to Close

Down payment (6.09%)$38,990

Land transfer tax$9,273

Est. closing costs$4,420

Total cash needed$52,683

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Open house

551 Lavigne Road, East Ferris - Single Family for Sale

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (P0H)

Book a showing

Full Cost Breakdown