$419,000

For sale

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5 Southview Crescent, North Bay (College Heights) - Single Family for Sale

5 Southview Crescent, North Bay (College Heights), Ontario, P1B8T9

5 beds3 baths2 parking ft²

10 Kathryn Crescent, North Bay (College Heights), Ontario, P1B8P4

3 bd2 ba5 pk1,300 ft²Lot size 59 × 105 ft (6,195 sq ft)

Listed by RE/MAX CROWN REALTY (1989) INC

16 Cypress Court, North Bay (College Heights), Ontario, P1B9G9

For sale

41 days ago

$400K

16 Cypress Court, North Bay (College Heights), Ontario, P1B9G9

4 bd2 ba3 pk1,750 ft²Lot size 22 × 100 ft (2,210 sq ft)

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

5377 Highway 11 North, North Bay (College Heights), Ontario, P1B8G3

For sale

56 days ago

$500K

5377 Highway 11 North, North Bay (College Heights), Ontario, P1B8G3

5 bd2 ba8 pk1,300 ft²Lot size 125 × 135 ft (16,875 sq ft)

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

60 Sherryl Crescent, North Bay (College Heights), Ontario, P1B8R9

For salePrice drop

57 days ago

$389K$400K

↓ $11K (3%) price drop

60 Sherryl Crescent, North Bay (College Heights), Ontario, P1B8R9

5 bd2 ba3 pk900 ft²Lot size 30 × 100 ft (3,000 sq ft)

Listed by Revel Realty Inc. Brokerage

Investment analysis

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$419,000

North Bay

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32 × 99 ft (3,149 sq ft) lot size

Overview

This 5-bedroom, 3-bathroom home in North Bay is for sale offering roughly 900 sq ft of space. Listed at $419,000, it is attractively priced about 16% below the $499,900 median asking price in North Bay. It has been on the market 51 days, fresher than the North Bay average of 70 days.

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Description

Excellent opportunity in the desirable College Heights neighbourhood! This 5-bedroom semi-detached home is fully rented, providing immediate rental income and making it a great addition to any investment portfolio. Featuring two shared living areas, a functional layout, fully fenced backyard and carport, this property offers plenty of space and flexibility. An attractive option for investors or first-time buyers looking to enter the market and potentially make it their own in the future. A solid property with income potential in a great location! (id:66096)

Property Details

MLS®: X13779906
Property Type: Single Family
Bedrooms: 5
Beds (above / below): 5 above · 0 below
Bathrooms: 3
Parking: 2
Interior Size: 900 ft²
Lot Size: 32 × 99 ft (3,149 sq ft)
Frontage: 31 ft
Storeys: 2
Basement: Finished, N/A
Heating: Baseboard heaters, Electric, Natural gas
Cooling: None
Garage: No Garage
Ownership: Freehold
Property Tax: $3,399/yr
Listed: 51 days ago

Rooms

Main level

Living room: 3.96 x 3.2 meters
Dining room: 4.42 x 3.66 meters
Kitchen: 3.05 x 3.2 meters

Basement

Laundry room: 3.78 x 3.05 meters
Other: 3.05 x 2.13 meters
Bathroom: 1.66 x 1.8 meters

Second level

Bedroom: 4.27 x 2.9 meters
Bedroom: 2.59 x 2.82 meters
Bedroom: 3.91 x 2.57 meters
Bathroom: 1.92 x 1.65 meters

Lower level

Family room: 5.33 x 3.66 meters
Bedroom: 3.89 x 3.05 meters

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

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Foundation: Block
Exterior: Brick

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

51d

North Bay (College Heights) listings, avg age

70d

Price / ft²

$466

List price

$419K

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 5-bed single family in North Bay (College Heights) has been listed for 51 days, which is 19 days fresher than the city average of 70. Act while there is still low competition.

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Listed by Revel Realty Inc. Brokerage · ROMY GHUMMAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P1B)

This home lists at $419,000, about 6.3× the local median household income of $66,000.

Carrying it typically needs a household income of about $81,845 (20% down, 25-yr amortization, stress-tested) — roughly 24% above 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)

$419,000· $466/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $20,950

Min 5%50%

Mortgage payment$2,207/mo

↳ CMHC premium ($15,922 capitalized)

Property tax (est.)$283/mo

Total monthly$2,490

Cash Needed to Close

Down payment (5%)$20,950

Land transfer tax$4,855

Est. closing costs$3,757

Total cash needed$29,562

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice