550 Lakeshore Drive, Unit 8, North Bay, ON
Property Highlights
Welcome to this remarkable 1 Storey/Apt detached located in the coveted neighborhood of Ferris. Expertly crafted featuring premium vinyl siding and wood construction, this residence presents an exceptional opportunity offered at $1,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 88.07 x 395.5 ft lot
- 2.0 total parking spaces available
- Notable attributes: None
- Efficient baseboard heating via electric
Description
Welcome to this beautifully updated and upgraded 2-bedroom, 1-bathroom main-floor home at 550 Lakeshore Drive, ideally located in North Bay's desirable Lakeshore/West Ferris community. Offering the convenience of stair-free living, this bright and inviting residence has been freshly painted in modern neutral tones and features a spacious, functional layout designed for comfortable everyday living. Perfect for professionals, couples, or small families, this well-maintained home includes in suite laundry, generous living spaces filled with natural light, and parking. Enjoy an exceptional location just moments from the shores of Lake Nipissing, with easy access to waterfront parks, beaches, marinas, scenic walking trails, and year-round recreation. Conveniently situated near schools, shopping, grocery stores, restaurants, major retailers, healthcare facilities, public transit, and everyday amenities, with quick access to Highway 11 for easy commuting. Experience the perfect blend of lakeside charm and urban convenience in one of North Bay's most sought-after neighbourhoods. Rent includes heat and 2 parking spots. A rare opportunity to enjoy comfortable, move-in-ready living close to the waterfront and all essential amenities.
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Property Summary
This detached home located at 550 Lakeshore Drive, North Bay is currently for sale and has been available on SousaSells for 10 days. This property is listed at $1,900 with an estimated mortgage of $6* per month. It has 2 beds, 1 bathroom, and is 700-1100 square feet. 550 Lakeshore Drive, North Bay is in the Ferris neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Ferris, North Bay.
- â˘2 spacious bedroom layout offering versatile living space
- â˘1 well-appointed bathroom
- â˘700-1100 sqft of generous functional square footage
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Fenced Yard
- Golf
- Lake Access
- Place Of Worship
- Public Transit
- School
Interior Features
- None
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 550 Lakeshore Drive, Unit 8, North Bay, ON
Q.What is the asking price for 550 Lakeshore Drive, Unit 8, North Bay, ON ?
The current listing price for 550 Lakeshore Drive, Unit 8, North Bay, ON in Ferris, North Bay is $1,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 2 bedrooms and 1 bathroom across approximately 700-1100 sqft.
Q.What property type and architectural style is 550 Lakeshore Drive, Unit 8, North Bay, ON ?
550 Lakeshore Drive, Unit 8, North Bay, ON is a Detached (1 Storey/Apt) featuring a None basement.
Q.What key property features does 550 Lakeshore Drive, Unit 8, North Bay, ON offer?
Key property features include: Fenced Yard, Golf, Lake Access, Place Of Worship, Public Transit, School.
Q.What interior features are included in this home?
Interior highlights include: None.
Q.Is parking available at this property?
Yes, this property offers parking space for 2.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Electric and cooling via None.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Ferris, North Bay
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 550 Lakeshore Drive 8, North Bay, ON P1A 2E6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in North Bay, ON
For a property listed at $1,900 in North Bay, the legal minimum down payment is $95 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $10 for this transaction. As this listing is in North Bay (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $10.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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