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Ferris, North Bay
$425,000
Welcome home! Detached raised bungalow in the heart of Ferris offering 3+1 bedrooms, 2 full bathrooms, and a bright, functional layout. The home sits on a beautiful fully fenced lot backing onto Coombes Park for added privacy and green space. The main floor features hardwood throughout, with the primary bedroom offering French doors that open directly onto the backyard deck. The lower level provides ample additional living space, a gas fireplace, 3-piece bathroom, and great development potential. A heated detached garage/workshop with a 60-amp panel and steel roof is ideal for hobbyists. Property is being sold in as-is condition, presenting a solid opportunity for buyers looking to add value. Conveniently located close to public transit, schools, less than 2 minutes to North Bay Mall, and just 1 km from public beach access on Lake Nipissing.
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| Type | Detached |
| Style | Bungalow-Raised |
| Approx. Age | 51-99 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,012 |
| Lot Size | 49.9 ft x 149.3 ft |
| mls© Number | X13222518 |
| Listed By | KELLER WILLIAMS LIFESTYLES |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,175
- Property tax
- $334
- Heat allowance
- $150
- Housing costs
- $2,660 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$82,000
gross annual household income
- Payment at 4%
- $1,788 / mo
- Cash down
- $85,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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