$399,000
North Bay
554 Lakeshore Drive, North Bay (Ferris), Ontario, P1A2E6
This 3-bedroom, 1-bathroom home in North Bay is for sale offering roughly 900 sq ft of space. Listed at $399,000, it is attractively priced about 23% below the $519,900 median asking price in North Bay. It has been on the market 2 days, fresher than the North Bay average of 55 days.
Welcome to 554 Lakeshore Drive, where an exceptionally deep 395-foot lot creates a backyard that is as functional as it is inviting. This property offers an ideal blend of space, recreation, and practicality, making it a wonderful place for families, gardeners, hobbyists, and anyone who enjoys spending time outdoors.The expansive backyard is partially fenced and has been thoughtfully designed for all ages. Enjoy summer days in the heated 16-foot round above-ground pool, relax under the gazebo, or gather in the separate screened-in room, which is perfect as an outdoor dining area, children's play space, or quiet retreat. Children will love the play-set and sandboxes, while those with a green thumb will appreciate the garden beds and greenhouse.Adding even more value is the impressive 16' x 28' detached garage, built in 2023. Complete with 60-amp electrical service, a Reznor gas heater, and a spacious loft for additional storage, it offers excellent space for vehicles, hobbies, projects, or a workshop.The gate to the right of the house opens up to allow vehicles to the back of the property. Inside, the home has seen numerous important updates that provide peace of mind for years to come. Recent improvements include new shingles (2025), a 200-amp electrical service upgrade (2025), waterproof luxury vinyl plank flooring (2025), new siding, soffit and fascia (2021), new windows (2020), a Carrier gas furnace (2018), and a new front porch (2019). Ideally situated across the road from beautiful Lake Nipissing and close to schools, shopping, restaurants, parks, and other everyday amenities, this property combines convenience with an outstanding outdoor lifestyle. As an added benefit, the home has been pre-inspected, giving buyers additional confidence as they make their decision. This is a rare opportunity to own a property that offers so much space, so many updates, and endless possibilities both inside and out. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Just listed: 2 days on market, against an average age of 55 days across the listings currently for sale in this city
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.
This 3-bed single family in North Bay (Ferris) has been listed for 2 days, which is 53 days fresher than the city average of 55. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $399,000, about 5.4× the local median household income of $74,000.
Carrying it typically needs a household income of about $77,939 (20% down, 25-yr amortization, stress-tested) — roughly 5% above the area median.
Source: Statistics Canada, 2021 Census (FSA P1A)
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