$319,900

For sale

#33 624 Lakeshore Drive, North Bay (Ferris) - Single Family for Sale

#33 624 Lakeshore Drive, North Bay (Ferris), Ontario, P1A2E8

3 beds2 baths1 parking950 ft²$448/mo condo feeListed 28 days ago

Overview

This 3-bedroom, 2-bathroom condo in North Bay is for sale offering roughly 950 sq ft of space. Listed at $319,900, it is attractively priced about 8% below the $346,900 median asking price in North Bay. It has been on the market 28 days, fresher than the North Bay average of 55 days.

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Description

Welcome to Emerald Woods, one of North Bay's most desirable condominium communities. This bungalow-style condo offers the perfect blend of low-maintenance living and the space of a traditional home.The thoughtfully designed main floor features a bright kitchen, comfortable living room, and two bedrooms, providing convenient one-level living. Downstairs, the fully finished lower level adds valuable living space with a spacious rec room, an additional bedroom, and plenty of room for guests, hobbies, or a home office.Set well back from Lakeshore Drive, this unit enjoys a quiet and peaceful setting surrounded by mature landscaping. You'll appreciate having your own private outdoor space without the hassle of lawn care and snow removal, allowing more time to enjoy the things you love.Ideally located, Emerald Woods is just a short walk to the beautiful beaches and waterfront of Lake Nipissing and only minutes from shopping, restaurants, and everyday amenities. Whether you're looking to downsize, simplify your lifestyle, or enjoy maintenance-free living in a sought-after neighbourhood, this condo is an excellent opportunity. (id:66096)

Property Details

MLS®: X13871856
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 950 ft²
Storeys: 1
Style: Bungalow
Basement: Full
Heating: Baseboard heaters, Electric
Cooling: Wall unit
Garage: No Garage
Condo Fee: $448/mo
Fee Includes: Common Area Maintenance, Water, Parking
Ownership: Condo/Strata
Property Tax: $3,609/yr
Listed

Rooms

Main level

Kitchen: 5.18 x 3.78 meters
Living room: 5.24 x 4.66 meters
Primary Bedroom: 3.6 x 2.5 meters
Bedroom 2: 3.14 x 3.05 meters

Lower level

Bedroom 3: 3.44 x 2.65 meters
Recreational, Games room: 7.07 x 7.25 meters
Laundry room: 3.81 x 2.1 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, Water Heater
Foundation: Block
Exterior: Brick
Lot Features: In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

28d

North Bay (Ferris) listings, avg age

55d

Price / ft²

$337

List price

$320K

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 3-bed single family in North Bay (Ferris) has been listed for 28 days, which is 27 days fresher than the city average of 55. Act while there is still low competition.

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Listed by REALTY EXECUTIVES Local Group Inc. Brokerage · STEVE LIDDLE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P1A)

This home lists at $319,900, about 4.3× the local median household income of $74,000.

Carrying it typically needs a household income of about $62,488 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$319,900· $337/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $15,995

Min 5%50%

Mortgage payment$1,685/mo

↳ CMHC premium ($12,156 capitalized)

Property tax (est.)$301/mo

Condo fee$448/mo

Total monthly$2,434

Cash Needed to Close

Down payment (5%)$15,995

Land transfer tax$3,274

Est. closing costs$3,460

Total cash needed$22,729

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