581 Banner Avenue
North Bay (Ferris), ON P1A 1X7
- 4+2Bedrooms
- 3Bathrooms
- 0Garage
- 2000–2500Sq Ft
- $4,591Tax
- 33×205 ftLot Size
Estimated Value:$841,880See Free Estimate Report
Property not available for sale or for rent.
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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 581 Banner Avenue, North Bay, Ferris
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About 581 Banner Avenue, North Bay, Ferris
Summarized Description
- Stunning waterfront property on Lake Nipissing.
- Updated kitchen and air conditioning for comfort.
- Walk-out deck with beach views.
- Second home for guests or rental income.
- Open-concept living area in both homes.
- Close to shopping, parks, and dining.
- Ideal for year-round living or vacation.
- Kayak launch from your own shoreline.
Two-homes, one remarkable waterfront lifestyle. Nestled on the shores of picturesque Lake Nipissing in the City of North Bay, this year-round waterfront property offers the best of lake living with modern convenience. The primary waterfront home features 3 bedrooms plus a den and 2 baths. Highlights include an updated kitchen and main bath, fresh flooring on the lower level, and a cooling comfort of air conditioning. Step outside to the walk-out deck and patio that overlook the beach and sparkling bay-perfect for sunrise coffee, sunset dining, or entertaining with friends and family. Launch your kayak or canoe from your own shoreline, or simply soak in the tranquility as ice fishermen paint the winter landscape beyond the water's edge. The second home is fully winterized and designed for one-floor living, featuring an open-concept kitchen and living area, 2 bedrooms, a den, 1 bath, and in-unit laundry. Use it as a mortgage helper, a home for extended family, or guest accommodations while you enjoy year-round privacy and flexibility. All this is on municipal services in a quiet neighborhood and a short walk to shopping, park, groceries, boat launch, restaurants, LCBO, bike path, dog park, and other amenities in the City of North Bay, ON.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $4,591
- Land Transfer Tax Fee
- $10,473
Rental Items
- Rental Equipment
- 2 hot water tanks (one in each house)
- Basement Type
- Finished
Interior Features
- Laundry Level
- Lower Level
- Interior Extras
- In-Law Capability, Primary Bedroom - Main Floor, Separate Hydro Meter, Sump Pump, Water Heater, Water Meter
- View
- Lake
- Security Features
- None
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Exterior Extras
- Deck
- Pool
- None
- Property Features
- Beach, Park, Public Transit, Rec./Commun.Centre, School, Waterfront
- Other Structures
- Shed
Building
- Building Type
- Detached
- Building Style
- Bungalow
Construction
- Exterior Finish
- Aluminum Siding
- Roof
- Flat
- Foundation Details
- Concrete Block
- Special Designation
- Unknown
Lot
- Lot Front
- 33.00 ft
- Lot Depth
- 205.00 ft
- Lot Shape
- Rectangular
Inclusions
- Inclusions
- Rental house (front on Banner): fridge, stove. Beach house (on waterfront): 2 sump pumps, 3 black wardrobes in basement, dishwasher, dryer, washer, microwave, refrigerator, stove and window coverings
Exclusions
- Exclusions
- Furniture
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
- Parking Spaces
- 6
- Total Garage And Parking Spaces
- 6
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Natural Gas
- Yes
- Hydro
- Yes
- Cable
- No
- Telephone
- Available
- Bedrooms
- 4 + 2
- Washrooms
- 3
- Kitchens
- 2
Room sizes
- Kitchen—Main level
- Living Room—Main level
- Bedroom 2—Main level
- Bedroom 3—Main level
- Laundry—Lower level
- Primary Bedroom—Lower level
- Bedroom 4—Lower level
- Utility Room—Lower level
Washrooms
- 4-piece, Main
- 4-piece, Main
- 3-piece, Lower
- Municipality
- North Bay
- Neighbourhood
- Ferris
- Main cross streets
- Lakeshore and Banner
- Zoning
- R2
- Directions
- Hwy 11 S to Lakeshore to Banner
- Waterfront
- Direct
- MLS® number
- X12793450
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-06-29
- Listed on
- 2026-02-17
- Days on market
- 132 days
- Possession type
- Flexible
- Co-op commission
- 2.0% plus HST
- Seller
- Listed by
- Royal LePage Northern Life Realty, Brokerage
Home Market Value
Current home valuation for 581 Banner Avenue, North Bay, Ferris, North Bay, ON. Listed for $699,900
HOMEH Estimate
$841,880
Estimated Sales Range
$589,316 - $1,094,444
HOMEH Estimate for 581 Banner Avenue, North Bay, Ferris
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $199,900 over $500K
$44,990
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $26,176 | $19,527 | $16,658 | $0 |
=Total mortgage | $680,582 | $649,437 | $611,573 | $559,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $3,323monthly | $3,171monthly | $2,986monthly | $2,734monthly |
Land Transfer Tax
$10,473
$10,473
Around this home
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