670 Lakeshore Drive

Ferris, North Bay · MLS® X13211496

100

3 sq ft · 3 sq ft lot · Land · Vacant Land · 149 days on market

listed by JESSICA DIGGLES, Revel Realty Inc. Brokerage

realtor's description

Exceptional development opportunity in the sought-after West Ferris corridor of North Bay. Positioned just off Lakeshore Drive, this commercially zoned vacant land parcel with a unique bachelor cabin structure with hydro brought in, offers outstanding exposure and natural surroundings, abutting Jessup's Creek and directly across from Lake Nipissing. Zoned C7 - Tourist Commercial, this property presents a rare opportunity for investors and developers seeking to capitalize on North Bay's growing tourism, hospitality, and waterfront-oriented commercial market. The zoning also permits a wide range of other potential uses, making it well suited for future development opportunities such as boutique accommodations, hospitality ventures, destination retail, restaurant concepts, recreational commercial uses, or mixed commercial projects such as a storage facility (subject to municipal approvals and project plans).

property details

type: Land, Vacant Land
living area: 3 sq ft
lot: 3 sq ft
parking: 100
property tax: $499 / yr
days on market: 149
MLS®: X13211496

features

Irregular lot size

monthly cost

$1,566/mo

Mortgage $1,524 · Tax $42

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$1,524/ monthly

loan $279,920

25-year amortization

down payment20% · $69,98020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $177,424
cash to close: $69,980; down payment; transfer tax and fees not included
total paid: $457,344

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.