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For saleListed Jul 29MLS® X13615808

554 Lakeshore Drive, North Bay, ON P1A 2E6

Ferris, North Bay · Near Lakeshore Dr · View map

$399,000
2+1Beds
1Baths
700–1100Sq ft
1 1/2 storeyType
Detached · 1 spaceGarage
5 totalParking
Crawl SpaceBasement
$2,716/yrTaxes
Call / Text Will
$399,000
PoolAbove ground
FreeholdNo monthly condo fee
Detached garage5 parking spaces in total
Lot 44 x 395.3 ftThe land comes with the home

About this home

Welcome to 554 Lakeshore Drive, where an exceptionally deep 395-foot lot creates a backyard that is as functional as it is inviting. This property offers an ideal blend of space, recreation, and practicality, making it a wonderful place for families, gardeners, hobbyists, and anyone who enjoys spending time outdoors.The expansive backyard is partially fenced and has been thoughtfully designed for all ages. Enjoy summer days in the heated 16-foot round above-ground pool, relax under the gazebo, or gather in the separate screened-in room, which is perfect as an outdoor dining area, children's play space, or quiet retreat. Children will love the play-set and sandboxes, while those with a green thumb will appreciate the garden beds and greenhouse.Adding even more value is the impressive 16' x 28' detached garage, built in 2023. Complete with 60-amp electrical service, a Reznor gas heater, and a spacious loft for additional storage, it offers excellent space for vehicles, hobbies, projects, or a workshop.The gate to the right of the house opens up to allow vehicles to the back of the property. Inside, the home has seen numerous important updates that provide peace of mind for years to come. Recent improvements include new shingles (2025), a 200-amp electrical service upgrade (2025), waterproof luxury vinyl plank flooring (2025), new siding, soffit and fascia (2021), new windows (2020), a Carrier gas furnace (2018), and a new front porch (2019). Ideally situated across the road from beautiful Lake Nipissing and close to schools, shopping, restaurants, parks, and other everyday amenities, this property combines convenience with an outstanding outdoor lifestyle. As an added benefit, the home has been pre-inspected, giving buyers additional confidence as they make their decision. This is a rare opportunity to own a property that offers so much space, so many updates, and endless possibilities both inside and out.

The home

Type
1 1/2 storey
Style
1 1/2 Storey
Square footage
700-1100 sq ft
Bedrooms
2
Basement bedrooms
1
Bathrooms
1
Kitchens
1
Rooms
4
Basement
Crawl Space
Lot size
44 x 395.3 ft
Faces
East
Approximate age
51-99 years

Ownership & fees

Ownership
Freehold
Monthly condo fee
None
Exterior
Vinyl Siding

Heating & cooling

Heating fuel
Gas
Heating type
Forced Air
Fireplace
No

Garage & parking

Garage
Detached
Garage spaces
1
Driveway spaces
4
Total parking
5

Taxes & other

Property taxes
$2,716/yr
Tax year
2025
Occupancy
Owner
Possession
Flexible
Cross street
Lakeshore Dr
Neighbourhood
Ferris

More

Price per sq ft
~$443 (at 900 sq ft)
Listed
Jul 29, 2026 · 76 days ago
MLS® number
X13615808

The home and its surroundings

  • On Demand Water Heater
  • Beach
  • Public Transit
  • Rec./Commun.Centre
  • School
  • School Bus Route
  • Wooded/Treed
Want to know something that isn’t listed?
Estimated monthly cost$1,836per month, all in
  • Mortgage
  • Property tax

Cash needed to close

    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

    Know exactly what you can affordRun your own numbers with our mortgage and land transfer tax calculators.
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    554 Lakeshore Drive, North Bay, ON P1A 2E6

    Ferris, North Bay · Near Lakeshore Dr

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    Sold history

    Listing history for 554 Lakeshore Drive

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 554 Lakeshore Drive

    Answers come straight from this home’s MLS® listing.

    How much is 554 Lakeshore Drive listed for, and what would it cost each month?

    554 Lakeshore Drive is listed for $399,000. With 20% down ($79,800), the mortgage payment would be roughly $1,609 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $1,836 a month, all in. That figure is an illustration, not a quote.

    Is 554 Lakeshore Drive freehold or a condo, and is there a monthly fee?

    554 Lakeshore Drive is a 1 1/2 storey in Ferris, North Bay. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.

    How many bedrooms and bathrooms does 554 Lakeshore Drive have?

    554 Lakeshore Drive has 2 bedrooms, plus 1 more bedroom in the basement, and 1 bathroom.

    Does 554 Lakeshore Drive have a garage and parking?

    Yes. The listing shows the garage as detached, with room for 1 car. The driveway adds 4 spaces. In total the listing counts 5 parking spaces.

    Does 554 Lakeshore Drive have a finished basement?

    The listing describes the basement as crawl space. It counts 1 bedroom on that level.

    What style of home is 554 Lakeshore Drive?

    554 Lakeshore Drive is a 1 1/2 storey. A 1½-storey home has a full main floor and a partial second floor under the roofline, often with dormer windows.

    Does 554 Lakeshore Drive have a pool?

    Yes. The listing shows above ground for the pool. Ask about its age, liner and equipment before you offer, since those are the costly parts to replace.

    How big is 554 Lakeshore Drive, and what is the lot size?

    The listing puts the home between 700 and 1,100 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 44 x 395.3 ft.

    How is 554 Lakeshore Drive heated and cooled?

    Heating is forced air (gas). The listing does not show air conditioning.

    What are the property taxes for 554 Lakeshore Drive?

    Property taxes are $2,716 a year (2025), or about $226 a month.

    Where is 554 Lakeshore Drive?

    554 Lakeshore Drive is in the Ferris community of North Bay. The nearest main intersection is Lakeshore Dr. The postal code is P1A 2E6.

    How long has 554 Lakeshore Drive been on the market?

    554 Lakeshore Drive was listed on July 29, 2026. It has been on the market for 76 days. It is an active listing (MLS® X13615808). Listings here update from the board through the day and come down once a home sells.

    What are similar bungalows near 554 Lakeshore Drive asking?

    Similar bungalow-style homes for sale nearby right now include 142 Lee Avenue at $299,900 (3 bed), 372 Third Avenue E at $384,900 (3 bed) and 171 Fifth Avenue W at $349,900 (3 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 554 Lakeshore Drive sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 554 Lakeshore Drive?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-619-2256.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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