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Ferris, North Bay
$294,900
Welcome to 28 Lakeshore Drive! This versatile property offers an excellent opportunity for first-time buyers, investors, orthose looking to operate a home-based business in a highly visible location. The upper level has seen recent updates, creating a comfortable and open living space while still offering room to add your own touches and build equity over time. Featuring two kitchens, three bathrooms, and flexible living areas, the home provides plenty of options for a variety of lifestyles. Outside, you'll appreciate the spacious backyard and the convenience of rear alley access, allowing easy entry and exit. The covered, partial wraparound porch provides a welcoming space to relax and enjoy. Located on a public transit route and within walking distance to downtown amenities, restaurants, coffee shops, and everyday conveniences, this property offers EXCEPTIONAL accessibility. North Bay's waterfront and marina are only minutes away, making everything you'd need within arms reach. Whether you're entering the market, looking for an investment property, or seeking a highly visible location for a home-based business, 28 Lakeshore Drive offers outstanding potential and flexibility.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 100+ |
| Size | 700-1100 sq. ft. |
| Property Tax | $1,774 |
| Lot Size | 40 ft x 107.07 ft |
| mls© Number | X13595014 |
| Listed By | RE/MAX CROWN REALTY (1989) INC. |
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%
- $1,509
- Property tax
- $148
- Heat allowance
- $150
- Housing costs
- $1,807 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$56,000
gross annual household income
- Payment at 4%
- $1,241 / mo
- Cash down
- $58,980
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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