553 BIG MOOSE Road, East Ferris, ON

$699,900
MLS#:X10709263
5 beds
2 baths
1100-1500 sqft
8.0 parking
Residential Freehold
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of East Ferris. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $699,900 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.

  • 5 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft
  • Features a walk-out, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 8.0 total parking spaces available
  • Notable attributes: Air Exchanger
  • equipped with central air central cooling and highly efficient forced air heating via propane

Description

Welcome to 553 Big Moose Rd., located in highly sought after East Ferris, only 20 min to North Bay and steps away from Lake Nosbonsing. This 10 year old home is situated on a beautiful and private 3.7 acre lot surrounded by mature forest. Set back from the road along a private drive, enter into your own oasis-like property. Inside the home, you will find many upgrades including vaulted ceilings, large and ample windows, neutral paint throughout and walkout basement. With the exterior offering a number of outdoor living areas including a private screened in gazebo. Enter through the covered entrance into a good sized foyer with closet leading to an open concept main floor living area with custom kitchen equipped with stainless steel appliances and large island great for entertaining. Spacious dining area with direct access to the back deck with BBQ area and a large and bright living room makes it the perfect space for your family to gather in. Three good sized bedrooms and 4pc bath on the main floor, including a gorgeous primary bedroom overlooking the backyard with a walk-in closet and 3pc en suite. The lower level is fully finished and features a large rec room with walkout, perfect for cozy nights in with the family and two additional bedrooms. Large laundry room that has the potential to add a third bathroom and an organized and clean utility room with forced air propane heating and AC. Outside enjoy peace, tranquility and the beauty of Northern Ontario in your very own country oasis with complete privacy, detached screened in gazebo with power and large deck, perfect for spending your nights unwinding in while enjoying the view, and a fenced in garden area for the family member with a green thumb to grow their own vegetables and herbs. This is truly a stunning home and is ready for a new family to build memories in while enjoying nature and privacy!

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Key Features

Bedrooms
5
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date6/11/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionVinyl Siding
BasementWalk-Out, Finished
CountyNipissing
Annual Tax$3,491.71
Legal DescriptionPCL 16094 SEC WF; PT LT 8 CON 5 EAST FERRIS PT 1, 36R5906 EXCEPT PT 1, 36R8192, PT 1, 36R10254, PT 4-6, 36R10647, PT 1, 36R11325; EAST FERRIS; DISTRICT OF NIPISSING

Parking & Garage

Parking Spaces8.0
Garage Spaces8
Garage TypeNone

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Air Exchanger

Security Features

Carbon Monoxide Detectors, Smoke Detector

Community Features

Location

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553 BIG MOOSE Road, East Ferris, ON
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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 553 BIG MOOSE Road, East Ferris, ON P0H 1K0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in East Ferris.

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Interest Rate5.25%
Down Payment$44,990 (6.4%)
* Minimum Canadian down payment required for this price is $44,990.
Amortization Period25 Years
Estimated Monthly Payment$3,903Based on a loan of $654,910 over 25 years.
Purchase Price$699,900
Loan Amount$654,910
Provincial Land Transfer Tax:$10,473
Total Estimated Closing Taxes:$10,473

About Purchasing a Home in East Ferris, ON

For a property listed at $699,900 in East Ferris, the legal minimum down payment is $44,990 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 $10,473 for this transaction. As this listing is in East Ferris (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $10,473.

Nearby Listings

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for East Ferris, East Ferris.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$665,066

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.