Unlock the potential of this high-visibility commercial lot at 18 Pinewood Park Drive, strategically located at the signalized intersection of Lakeshore Drive and Pinewood Park Drive, just off Highway 11. This prime corridor benefits from strong daily traffic counts and consistent year-round activity driven by tourism, local commerce, and the nearby community of Callander. Located in a well-established commercial area, the property is surrounded by high-demand amenities including Osprey Links Golf Course, Cascades Casino, restaurants, fuel stations, a marina, beaches, parks, and schools-drawing steady flow from both residents and visitors while servicing multiple surrounding communities. Zoned C6, this site offers flexible development potential suitable for a range of commercial uses, making it an attractive opportunity for investors, developers, or owner-operators seeking long-term growth in a high-demand area. Its proximity to downtown North Bay, public transit, the airport, and major retailers further enhances its strategic value and accessibility.Value-add opportunity: the existing structure is not habitable, presenting a clear path for redevelopment or reconfiguration to maximize site potential.The property is being sold "As Is, Where Is," with no representations or warranties by the Seller. (id:66096)
Property Details
MLS®
X13059150
Property Type
Vacant Land
Zoning
C6
Lot Size
10,890 sq ft (0.25 ac)
Frontage
104 ft
Price per Acre
$996,000 per acre
Property Tax
$2,845/yr
Listed
189 days ago
Market Timing
Days on market
189d
North Bay (Ferris) listings, avg age
55d
List price
$249K
Long Listed: 189 days on market, against an average age of 55 days across the listings currently for sale in this city
Market timing · days on market0 → 55d avg age of current listings
Long Listed · day 189
Homes here sell faster than most markets
Sold homes in this market spent an average of 27 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 98.6 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
Haho
This vacant land in North Bay (Ferris) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Listed by REALTY EXECUTIVES Local Group Inc. Brokerage · MIKE BURMAN
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Area context
Neighbourhood profile (P1B)
This home lists at $249,000, about 3.8× the local median household income of $66,000.
Carrying it typically needs a household income of about $48,638 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Median household income
$66,000
Population
33,113
Median age
44.4
Owner / renter
57% / 43%
Avg. household size
2.1
Source: Statistics Canada, 2021 Census (FSA P1B)
$249,000
For sale
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