124 SECOND Avenue, North Bay, ON

$259,900
MLS#:X11927619
2 beds
1 baths
700-1100 sqft
2.0 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This listing is no longer active (Sold)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 1 1/2 Storey detached located in the coveted neighborhood of Central. Expertly crafted featuring premium wood and brick construction, this residence presents an exceptional opportunity offered at $259,900 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.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 700-1100 sqft
  • Features a unfinished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available
  • Notable attributes: Water Heater Owned
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Perfect first home, downsize retirement or simply add to your investment portfolio. Very close to downtown and the beach, you can walk to each and it is ideally located right across from a park. It features a delightful front porch looking over the park and you have a nice sized private back yard with a garden shed for your tools. The main floor includes a combination dining room living room area which has a private sitting room with access to the front porch. The laundry is on the main level as well. The Kitchen has been completely redone and features all new cabinets, new stainless steel appliances and quartz counter tops and new flooring. Other major upgrades include all new wiring throughout the house including a new panel and 200 amp service. New furnace, air conditioner and water heater in 2022 and 2023. New flooring upstairs compliments the two generous size bedrooms and 4 pc bath. 2 parking spaces complete the picture. All the major items have been done.

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Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date6/20/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style1 1/2 Storey
ConstructionWood , Brick
BasementUnfinished, Full
CountyNipissing
Annual Tax$2,643.85
Legal DescriptionPT LT 27-28 PL 59 WIDDIFIELD AS IN NB97280; NORTH

Parking & Garage

Parking Spaces2.0
Garage Spaces2
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Water Heater Owned

Security Features

Smoke Detector

Community Features

Location

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124 SECOND Avenue, North Bay, 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 124 SECOND Avenue, North Bay, ON P1B 3K8

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Mortgage & Affordability Audit

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

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Interest Rate5.25%
Down Payment$12,995 (5.0%)
* Minimum Canadian down payment required for this price is $12,995.
Amortization Period25 Years
Estimated Monthly Payment$1,471Based on a loan of $246,905 over 25 years.
Purchase Price$259,900
Loan Amount$246,905
Provincial Land Transfer Tax:$2,374
Total Estimated Closing Taxes:$2,374

About Purchasing a Home in North Bay, ON

For a property listed at $259,900 in North Bay, the legal minimum down payment is $12,995 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 $2,374 for this transaction. As this listing is in North Bay (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $2,374.

Nearby Listings

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No current listings found in North Bay.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Central, North Bay.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$419,263

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

Saint-Vincent
Public124 King Street East, North Bay, Ontario, P1B 1P2
3.0
Mother St Bride
Public414 Second Avenue West, North Bay, Ontario, P1B 3L2
0.9
Alliance
Public700 Stones Street, North Bay, Ontario, P1B 6C1
5.9
St Hubert
Public850 Lorne Avenue, North Bay, Ontario, P1B 8M2
4.1
Saints-Anges
Public681 Chippewa Street West, North Bay, Ontario, P1B 6G8
4.3

Secondary Schools

Algonquin
Public555 Algonquin Avenue, North Bay, Ontario, P1B 4W8
3.1
St. Joseph-Scollard Hall
Catholic675 O'Brien Street, North Bay, Ontario, P1B 9R3
5.4
Chippewa
Public539 Chippewa Street West, North Bay, Ontario, P1B 6G8
5.5
Odyssée
Public480 Norman Avenue, North Bay, Ontario, P1B 0A8
6.9

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.