$439,900

For saleJust listed

221 Lee Avenue, North Bay (Ferris) - Single Family for Sale

221 Lee Avenue, North Bay (Ferris), Ontario, P1A2K5

4 beds2 baths3 parking1,300 ft²40 × 102 ft (4,054 sq ft) lot sizeListed 6 days ago

Overview

This 4-bedroom, 2-bathroom home in North Bay is for sale offering roughly 1,300 sq ft of space. Listed at $439,900, it is attractively priced about 15% below the $519,900 median asking price in North Bay. It has been on the market 6 days, fresher than the North Bay average of 55 days.

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Description

Two Living Spaces, One Fantastic Opportunity! This bright and well-loved 4-bedroom, (3+1bd), 2-bathroom detached brick bungalow could be just what you've been waiting for! The main floor welcomes you with bright, inviting living spaces, a kitchen and living area, three comfortable bedrooms, and a full bathroom - a wonderful setup for everyday family living. Head downstairs and discover even more possibilities! Along with a spacious rec room and shared laundry area, the lower level features a full granny suite with its own separate entrance, complete with one bedroom, a kitchen/living area, and a bathroom. Whether you're looking for a potential mortgage helper, space for extended family, or added flexibility for your living arrangements, this setup opens the door to exciting possibilities. Outside, enjoy the peace of mind of a durable metal roof and a fully fenced backyard - perfect for kids to play, pets to roam, or simply relaxing outdoors. Tucked into a pleasant residential neighbourhood just minutes from public beach access, parks, bike path, schools, and everyday amenities, you'll love the convenience of having so much close at hand. Two living spaces, a great neighbourhood, and plenty of potential. (id:66096)

Property Details

MLS®: X14127776
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 2
Parking: 3
Interior Size: 1,300 ft²
Lot Size: 40 × 102 ft (4,054 sq ft)
Frontage: 39 ft
Storeys: 1
Style: Bungalow
Basement: Finished, Full
Heating: Baseboard heaters, Electric
Cooling: None
Garage: No Garage
Fireplace: Yes
Ownership: Freehold
Property Tax

Rooms

Main level

Kitchen: 3.84 x 3.29 meters
Living room: 7.97 x 4.66 meters
Primary Bedroom: 3.75 x 3.84 meters
Bedroom: 2.71 x 3.29 meters
Bedroom 2: 3.32 x 3.63 meters

Lower level

Bedroom 3: 3.32 x 2.99 meters
Recreational, Games room: 6.65 x 5.94 meters
Laundry room: 2.71 x 3.62 meters
Kitchen: 5.79 x 3.3 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Refrigerator, Dishwasher, Stove, Water Heater
Foundation: Block
Exterior: Brick
Lot Features: Flat site, Carpet Free, Sump Pump, In-Law Suite

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

North Bay (Ferris) listings, avg age

55d

Price / ft²

$338

List price

$440K

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 4-bed single family in North Bay (Ferris) has been listed for 6 days, which is 49 days fresher than the city average of 55. Act while there is still low competition.

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Listed by Royal LePage Northern Life Realty, Brokerage · DEBBIE FORREST

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P1A)

This home lists at $439,900, about 5.9× the local median household income of $74,000.

Carrying it typically needs a household income of about $85,928 (20% down, 25-yr amortization, stress-tested) — roughly 16% above the area median.

Median household income: $74,000
Population: 16,959
Median age: 44.8
Owner / renter: 61% / 39%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA P1A)

$439,900· $338/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $21,995

Min 5%50%

Mortgage payment$2,317/mo

↳ CMHC premium ($16,716 capitalized)

Property tax (est.)$314/mo

Total monthly$2,631

Cash Needed to Close

Down payment (5%)$21,995

Land transfer tax$5,273

Est. closing costs$3,820

Total cash needed$31,088

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