Detached House for sale at 554 Lakeshore Drive, North Bay, Ontario, P1A 2E6 - Ferris - MLS: X13615808

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554 Lakeshore Drive

North Bay, Ontario, P1A 2E6 - Ferris

$399,000

Virtual Tour

Neighbourhood

Ferris
Major Intersection

Lakeshore Dr

Listed Since: 46 day(s)
Last update: 4 day(s) ago

Virtual Tour

Overview

Property Type

Detached, 1 1/2 Storey
Bedrooms

2 + 1
Bathrooms

1
Basement

Crawl Space
Kitchen

1
Total Parking

5 (1 Detached Garage)
Lot Size

44x395.3 (Feet)
Taxes

$2,716.00 (2025)
Type

Freehold

Property Description

Property description for 554 Lakeshore Drive, North Bay

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.

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

Property details

MLS #

X13615808
Sq. Ft

700-1100
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

51-99
Pool

Abv Grnd
Drive

n/a
Garage

Detached, 1 spaces
Total Parking

5
Family Room

N
Den

N
Exterior

Vinyl Siding
Fireplace

N
Roof

Asphalt Shingle
Foundation

Block
Elevator

n/a
Water View

n/a
Laundry Level

Main
Heat

Forced Air
A/C

None
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

MLS #

X13615808
Sq. Ft

700-1100
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

51-99
Pool

Abv Grnd
Drive

n/a
Garage

Detached, 1 spaces
Total Parking

5
Family Room

N
Den

N
Exterior

Vinyl Siding
Fireplace

N
Roof

Asphalt Shingle
Foundation

Block
Elevator

n/a
Water View

n/a
Laundry Level

Main
Heat

Forced Air
A/C

None
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

Bathroom

1.71 x 1.86 ft Main level
Br

2.77 x 3.35 ft Main level
2nd Br

2.82 x 3.15 ft Main level
3rd Br

4.17 x 3.81 ft 2nd level
Kitchen

4.34 x 3.18 ft Main level
Living

4.27 x 6.2 ft Main level

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Local Real Estate Price Trends for Detached in Ferris

Active listings

Average Selling Price of a Detached

August 2026

$468,250

Last 3 Months

$472,803

Last 12 Months

$500,867

August 2025

$451,350

Last 3 Months LY

$483,766

Last 12 Months LY

$408,716

Change

-2%

Change

23%

Number of Detached Sold

August 2026

Last 3 Months

Last 12 Months

August 2025

Last 3 Months LY

Last 12 Months LY

Change

-20%

Change

-8%

Change

14%

How many days Detached takes to sell (DOM)

August 2026

Last 3 Months

Last 12 Months

August 2025

Last 3 Months LY

Last 12 Months LY

Change

-46%

Change

-4%

Change

57%

Average Selling price

Inventory Graph

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Purchase Price

First time home buyer

Down Payment($)

Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

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