17 Nightingale Drive, North Bay

$409,900
17 Nightingale Drive

$409,900

New
29d
DetachedBungalow-Raised

17 Nightingale Drive, North Bay

Total Monthly Obligation $2,363

Beds
4
Baths
2
Park
4
Sqft
1100-1500
DOM
29d
Score
60
Yield
9.7%
Cash on Cash
16.0%
Cap Rate
8.0%
5Y IRR
28.6%
10Y IRR
25.7%
Property Type-Detached
MLS® Number-X13827834
Beds-4
Bathrooms-2
Size-1100-1500 sqft
Lot Size-49.9 × 149.3 ft
Listed on site-Sep 24, 2026
Style-Bungalow-Raised
Building Type-Detached
Age-51-99
Taxes-$4,012 (2025)
Parking-6 - Detached
Basement-Development Potential, Partially Finished
Heating-Forced Air (Gas)
Brokerage-KELLER WILLIAMS LIFESTYLES
Cooling-None
Laundry-No
Fireplace-Rec Room
Pool-None
Facing-East
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-Ferris
Title-Residential Freehold

No agent assigned

Detached raised bungalow in the heart of Ferris offering 3+1 bedrooms and 2 full bathrooms. This home sits on a fully fenced lot backing onto Coombes Park. The main floor features hardwood throughout, with the primary bedroom offering French doors that open directly onto the backyard deck. The lower level provides additional living space, a gas fireplace, 3-piece bathroom, and great development potential. Heated detached garage/workshop with a 60-amp panel and steel roof is ideal for hobbyists. Property is being sold in as-is condition, presenting a solid opportunity for buyers looking to add value. Conveniently located close to public transit, schools, less than 2 minutes to North Bay Mall, and just 1 km from public beach access on Lake Nipissing.

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$
%
%
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$
$
(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$327,920
Land Transfer Taxes$4,673
Legal Fees (Est.)
$
Total cash required for closing$88,153

Total Monthly Obligation

$2,363/mo
Mortgage $1,653
Monthly Loss $1,928
Principal$435
Interest$1,218
Property Tax$334
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
6.6%58
Cash-on-Cash
8.3%39
5-Year IRR
22.5%96
10-Year IRR
20.9%
Returns Index
65.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeB
60/ 100
Fair•Hold / Negotiate

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$39,600/yr
NOI
$27,128/yr
Net Cash Flow
$607/mo
Cash Margin
18.4%66
Cash Flow Index
66.4/ 100
Risk Profile
Weight: 20%
DSCR
1.3762
LTV Ratio
80.0%18
Vacancy Buffer
4.0 mo68
Risk Index
49.3/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 17 Nightingale Drive

Time

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