Residentiae.
For Sale · Cornerstone

253 KINGSWAY Avenue

Cornerstone · P1B7V5

$740,000

7Bedrooms
4Bathrooms
6Parking
3,000Sq Ft
1Storeys

About this residence

*** For more information, please click Brochure button. *** 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. (id:61366)

Property details

Property type
Single Family
Style
House
Ownership
Freehold
Bedrooms
7 (3 above, 4 below)
Bathrooms
4 (1 half)
Storeys
1
Living area
3,000 sq ft
Frontage
49 feet
Parking
6 spaces
Year built
2021
Annual tax
$7,183
MLS®
40832092
Board
Cornerstone
Status
Active
Listed
May 21, 2026
Updated
Jul 12, 2026

Room dimensions

RoomLevelDimensions
BedroomBasement16'0'' x 16'0''
StorageMain level11'0'' x 9'0''
WorkshopMain level10'0'' x 20'0''
Laundry roomBasement8'0'' x 8'0''
Living roomMain level18'0'' x 20'0''
KitchenMain level20'0'' x 9'0''
2pc BathroomBasement6'0'' x 4'0''
3pc BathroomBasement8'0'' x 5'0''
3pc BathroomMain level8'0'' x 5'0''
3pc BathroomMain level8'0'' x 5'0''
BedroomBasement12'0'' x 12'0''
BedroomBasement12'0'' x 15'0''
BedroomBasement10'0'' x 17'0''
BedroomMain level6'8'' x 6'3''
BedroomMain level12'0'' x 12'0''
Primary BedroomMain level12'0'' x 15'0''

Features & finishes

Appliances

  • Water meter
  • Wet Bar

Heating

  • Natural gas

Cooling

  • Central air conditioning

Basement

  • Full
  • Finished

Exterior

  • Stone

Foundation

  • Block

Parking

  • Carport
  • Open
  • Visitor Parking

Lot

  • Wet bar
  • Visual exposure
  • Gazebo

Sewer & Utilities

  • Municipal sewage system

Community

  • Quiet Area
  • Community Centre
  • School Bus

Architecture

  • Bungalow

Financing

Mortgage calculator

Estimated monthly payment

$3,461/mo

Amortization

Loan amount

$592,000

Down payment

$148,000

Estimate only. Rates and terms vary by lender and qualification.

Powered by Lenderoo.ca

Location & area

Cornerstone

About the area

Census · P1B
33,113
Population
44
Median age
$66,000
Median income
$300,000
Median home value
56%
Home ownership
16 min
Avg. commute

Age distribution

0–14
13%
15–24
12%
25–44
25%
45–64
27%
65+
22%

Tenure

56% owners44% renters

Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.

Powered by Neighbourly.io
Good to know

Frequently asked questions

What is the asking price for 253 KINGSWAY Avenue?

253 KINGSWAY Avenue is listed for $740,000, in Cornerstone.

How many bedrooms and bathrooms does 253 KINGSWAY Avenue have?

It offers 7 bedrooms and 4 bathrooms (including 1 half-bath).

What type of home is 253 KINGSWAY Avenue?

253 KINGSWAY Avenue is a Single Family, House set over 1 storey, built in 2021.

How large is 253 KINGSWAY Avenue?

The home offers approximately 3,000 sq ft of living space.

What would the monthly mortgage payment be?

With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $3,461. Use the mortgage calculator above to model your own scenario.

What are the annual property taxes?

Property taxes are approximately $7,183 per year.

Is there parking?

Yes — 253 KINGSWAY Avenue includes 6 parking spaces.

What is the Cornerstone area like?

Cornerstone has a population of about 33,113, a median age of 44, a 56% home-ownership rate, with an average commute of about 16 minutes.

What is the average home value in Cornerstone?

The median dwelling value in this area is approximately $300,000, based on census data via Neighbourly.

What is the median household income in Cornerstone?

The median household income in this area is approximately $66,000.

Private viewings

Arrange a private viewing of 253 KINGSWAY Avenue.

Our advisors offer discreet, personal guidance from first viewing through to closing. We’d be delighted to assist.

Explore more homes