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LOT 1 - 331 PINEWOOD PARK Drive

LOT 1 - 331 PINEWOOD PARK Drive

North Bay, ON

  • 4 bed
  • 1 bath
  • 4 sqft
  • Land
  • 55 days on market
$2,990,000

Sale of "Prime Arterial Commercial C6 corner lot - 4.9 acres with dual road access on Pinewood Park Drive (Highway 11) and Decaire Road. Severance approved by the City of North Bay Committee of Adjustment. Urban Service Boundary extended and rezoned C6 by City of North Bay - permitted uses: hotel, restaurant, gas bar, financial institution, retail, automotive, recreational facility, day nursery, transit terminal and more. Located directly opposite Cascades Casino North Bay ($41M, Gateway Casinos & OLG) on North Bay's highest-growth commercial corridor - backed by over $500M in confirmed area investment including a $63M Recreation & Community Centre, $5.9M FIFA-sized soccer fields, $100M+ Ontario Northland rail investment. Pinewood Park Drive is undergoing a 5-lane urbanisation - Environmental Assessment complete, funding underway. 15 new industrial and tourism-commercial lots have been approved at 351 Birchs Road, further anchoring West Ferris as North Bay's primary growth and development zone.Surrounded by established national and regional operators including Cascades Casino, Ramada Hotel & Conference Centre, Tim Hortons, Burger King, Petro-Canada, Pinewood Park Golf Course, and Callander's Osprey Golf Course - confirming this corridor as a proven, high-traffic commercial destination with existing consumer demand and year-round activity across gaming, dining, hospitality and recreation."400mm water main and 675mm sanitary sewer confirmed in the Pinewood Park Drive right-of-way by City Engineering - full urban servicing capacity available for connection.

Listing Details

Taxes (2026)
$3,910
Listed
July 15, 2026

Price History

Utilities

Water
Bored Well
Sewer
Septic Available
Heat Source
Propane

Location & Legal

Cross Street
Lakeshore Dr/ Lamorie St
Zoning
Arterial Commercial (C6)
Parcel Number
491800220
Possession
Flexible
Occupancy
Vacant

Community

Postal area P1B

Population
33,113
Private dwellings
16,526
Median age
44.4
Average household size
2.1
Median household income
$66,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in North Bay · last 12 months

Median sold price
$431,000
Homes sold
703
Median days on market
16
Sale-to-list price
99.5%

Based on 703 recorded sales of commercial properties in North Bay over the last 12 months.

Rooms

washroom

Second

  • Bathroom
  • Bedroom9' x 8'
  • Bedroom8' x 9'4"
  • Bedroom11'6" x 8'2"
  • Primary Bedroom12'8" x 10'

Main

  • Dining Room11'5" x 10'7"
  • Kitchen11'7" x 11'9"
  • Living Room13'6" x 12'

Listed by

RE/MAX OPTIMUM REALTY

Walk Score

Walk Score is unavailable for this address right now.

Commercial figures

Annual property tax
$3,910

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

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