UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,500 sqft
Price per Sqft $573
MLS Listing ID 40832092
Style Bungalow
Bedrooms 7
Full Baths 3
Half Baths 1
Abv Grd Liv Area 3,000
Year Built 2021
Annual Tax Amount $7,183
Property Sub-Type Single Family Residence
Source Cornerstone
Property Description
Welcome to 253 Kingsway Ave, North Bay — a spacious 6-year-old modern home featuring central air conditioning and HRV ventilation systems, offering excellent income potential, multi-family flexibility, and modern upgrades in a convenient central location. This approximately 3,000 sq ft home features 7 bedrooms and 3.5 bathrooms, making it ideal for large families, investors, multi-generational living, or buyers seeking strong rental income opportunities. The property has been extensively improved and customized with thoughtful renovations and functional upgrades throughout. Features include: Large open living spaces with impressive 14-ft ceilings and modern pendant lighting Two fireplaces creating warm and comfortable living areas Bright west-facing backyard with excellent afternoon sunlight and occasional visits from local deer families, offering a peaceful natural setting Walk-out deck and spacious outdoor entertaining area Parking for up to 9 vehicles Senior-friendly / wheelchair-accessible entrance Functional lower-level setup with excellent rental flexibility Converted garage space currently used as storage/workshop with sink and utility access, featuring a separate entrance and potential for future accessibility upgrades The property offers exceptional income-generating potential. Previous partial rental operations demonstrated strong cash-flow possibilities, making this an attractive opportunity for investors or buyers looking to offset mortgage costs through rental income. Financial records and supporting documentation may be available to serious buyers. Conveniently located close to shopping, schools, services, and public transit, with Northgate Shopping Centre just a short walk away. Additional backyard infrastructure from a previous pool setup remains available, offering future potential for a new swimming pool, jacuzzi, or customized outdoor entertainment area.
Location
Province ON
County Nipissing
Area North Bay
Zoning R3SP96
Rooms
Other Rooms Gazebo, Shed(s), Storage, Workshop
Basement Development Potential, Separate Entrance, Walk-Up Access, Full, Finished
Kitchen 1
Interior
Interior Features Air Exchanger, Built-In Appliances, Ceiling Fan(s), Floor Drains, Florescent Lights, Separate Heating Controls, Ventilation System, Water Meter, Wet Bar, Work Bench
Heating Fireplace(s), Fireplace-Gas, Natural Gas
Cooling Central Air, Energy Efficient
Fireplaces Type Family Room, Insert, Living Room, Gas, Recreation Room
Fireplace Yes
Appliance Bar Fridge, Range, Water Heater Owned
Laundry Electric Dryer Hookup, Gas Dryer Hookup, In Basement, Laundry Room, Sink, Washer Hookup
Exterior
Exterior Feature Landscaped, Lighting, Privacy, Recreational Area, Storage Buildings
Parking Features Concrete, Exclusive, Interlock, Paver Block
Fence Fence - Partial
View Y/N true
View Forest, Garden, Park/Greenbelt, Pond, Trees/Woods
Roof Type Shingle
Porch Deck, Patio, Porch
Lot Frontage 48.59
Garage No
Building
Lot Description Urban, Business Centre, Dog Park, City Lot, Highway Access, Landscaped, Major Highway, Park, Public Parking, Public Transit, Quiet Area, Rec./Community Centre, Regional Mall, School Bus Route, Schools, Shopping Nearby, Visual Exposure
Foundation Concrete Perimeter, Concrete Block, Post & Pad, Slab, Stone, Wood, Wood Frame
Sewer Sewer (Municipal)
Water Drain Back System, Municipal, Municipal-Metered
Architectural Style Bungalow
Structure Type Stone
New Construction No
Others
Senior Community false
Tax ID 491470226
Ownership Freehold/None
Nearby Locations
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Doug Folsetter
Sales Representative | License ID: 4729737
Sales Representative License ID: 4729737