The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Exceptional 5-Bedroom Bungalow with In-Law Suite Potential, Large Lot & Quonset Garage ( 26 X 41)- Prime Highway 11 Location - $499,900 Discover the perfect blend of space, comfort, and convenience in this well-maintained bungalow, ideally located just a hop, skip, and a jump from the snowmobile trails! This spacious home features 3 bedrooms on the main level plus 2 additional bedrooms downstairs, making it ideal for growing families, multi-generational living, or those needing extra space. The home offers a 4-piece main bathroom and a 3-piece bathroom on the lower level. The fully finished basement provides excellent in-law suite potential, with a layout that could easily accommodate a separate apartment if desired. Situated on a generous lot, you'll also appreciate the impressive Quonset hut garage, complete with generator wiring for added peace of mind. Additional features include: Central air conditioning ,Large private lot, Generator-ready wiring, Home inspection report available for buyers. Excellent location with quick access to Highway 11 and nearby snowmobile trails. Whether you're looking for a spacious family home, extra income potential, or outstanding storage for vehicles, recreational equipment or hobbies, this property checks all the boxes.
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Estimated Rental Income
Rental estimate coming soon
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A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$2,164/mo
Mortgage (principal + interest)$1,870
Property taxFrom listing: $3,522/yr$294
Minimum $24,995 down for this price; the slider moves in whole percent, starting at 5%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$99,980
Ontario land transfer taxProvincial brackets, no first-time refund$6,473
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$109,253
First-time buyers can get up to $4,000 back on Ontario land transfer tax. North Bay has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
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