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554 Lakeshore Drive

554 Lakeshore Drive

North Bay, ON

  • 3 bed
  • 1 bath
  • approx. 700-1100 sqft
  • Detached
  • 53 days on market
$399,000Price reduced 11%

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.

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Listing Details

Taxes (2025)
$2,716
Originally Listed
$449,900
Listed
July 29, 2026

Price History

Property

Style
1 1/2 Storey
Age
51-99
Construction
Vinyl Siding
Roof
Asphalt Shingle
Foundation
Block
Interior
On Demand Water Heater
Lot Size
44 x 395.3 Feet

Parking

Garage
Detached
Covered Spaces
1
Total Parking
5

Utilities

Sewer
Sewer
Heat Source
Gas

Location & Legal

Cross Street
Lakeshore Dr
Zoning
Residential
Parcel Number
491740160
Possession
Flexible
Occupancy
Owner

Included

Inclusions
Dishwasher, refrigerator, stove
Exclusions
Washer and Dryer
Rental Items
Hot Water on Demand

Schools

Elementary

  • West Ferris Intermediate0.8 km

    Public · Near North DSB · 265 students

  • Our Lady of Fatima Separate School0.8 km

    Catholic · Nipissing-Parry Sound CDSB · 230 students

    Grade 3 reading: 65% met the provincial standard · Grade 6 math: 58% met the provincial standard

  • Silver Birches Elementary School0.9 km

    Public · Near North DSB · 205 students

    Grade 3 reading: 59% met the provincial standard · Grade 6 math: 27% met the provincial standard

Secondary

  • West Ferris Secondary School0.8 km

    Public · Near North DSB · 770 students

    Grade 10 literacy: 87% met the provincial standard

  • Chippewa Secondary School4.3 km

    Public · Near North DSB · 840 students

    Grade 10 literacy: 76% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area P1A

Population
16,959
Private dwellings
7,785
Median age
44.8
Average household size
2.2
Median household income
$74,000

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

Residential Freehold in North Bay · last 12 months

Median sold price
$430,000
Homes sold
689
Median days on market
16
Sale-to-list price
99.6%

Based on 689 recorded sales of residential freehold properties in North Bay over the last 12 months.

Rooms

4-piece on Main

Second

  • Bedroom 313'8" x 12'6"
  • Primary Bedroom13'8" x 12'6"

Main

  • Bathroom5'7" x 6'1"
  • Bathroom5'7" x 6'1"
  • Bathroom5'7" x 6'1"
  • Bedroom9'1" x 11'
  • Bedroom9'1" x 11'
  • Bedroom9'1" x 11'
  • Bedroom 29'3" x 10'4"
  • Kitchen14'3" x 10'5"
  • Kitchen14'3" x 10'5"
  • Living Room14' x 20'4"
  • Living Room14' x 20'4"

Listed by

Century 21 Blue Sky Region Realty Inc., Brokerage

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$79,800

Estimated Monthly Payment

$1,960

Land transfer tax

Estimated land transfer tax$4,460

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $1,960/mo (20% down, 5.5%)

Taxes: $226/mo · Insurance: $100/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions 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.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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