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Ferris, North Bay
$469,900
Welcome to 262 Lee Avenue, a well-cared-for four-bedroom brick raised bungalow with more space than first meets the eye. The bright upper level brings together a spacious eat-in kitchen, comfortable living room, three bedrooms, and a four-piece bathroom. Downstairs, the cozy den with its gas fireplace creates the perfect place to unwind, alongside a fourth bedroom and plenty of storage. One of the home's most unique features is the large walk-up loft, which offers even more storage today and exciting potential for a future games room or additional bedrooms. Outside, the fully fenced backyard features a patio, vegetable gardens, and a separate-entry three-season sunroom providing a sheltered place to relax. A heated 1.5-car garage offers plenty of room for vehicles, equipment, and projects. Recent updates include a complete kitchen renovation, new flooring throughout, updated front landscaping in 2025, along with all-new appliances in 2024. All of this is located just steps from the beach and close to parks, shopping, the cinema, and everyday amenities.
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| Type | Detached |
| Style | Bungalow-Raised |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $3,874 |
| Lot Size | 60 ft x 100 ft |
| mls© Number | X13692538 |
| 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%
- $2,405
- Property tax
- $323
- Heat allowance
- $150
- Housing costs
- $2,878 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$89,000
gross annual household income
- Payment at 4%
- $1,977 / mo
- Cash down
- $93,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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