253 KINGSWAY Avenue
Cornerstone · P1B7V5
$740,000
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
| Room | Level | Dimensions |
|---|---|---|
| Bedroom | Basement | 16'0'' x 16'0'' |
| Storage | Main level | 11'0'' x 9'0'' |
| Workshop | Main level | 10'0'' x 20'0'' |
| Laundry room | Basement | 8'0'' x 8'0'' |
| Living room | Main level | 18'0'' x 20'0'' |
| Kitchen | Main level | 20'0'' x 9'0'' |
| 2pc Bathroom | Basement | 6'0'' x 4'0'' |
| 3pc Bathroom | Basement | 8'0'' x 5'0'' |
| 3pc Bathroom | Main level | 8'0'' x 5'0'' |
| 3pc Bathroom | Main level | 8'0'' x 5'0'' |
| Bedroom | Basement | 12'0'' x 12'0'' |
| Bedroom | Basement | 12'0'' x 15'0'' |
| Bedroom | Basement | 10'0'' x 17'0'' |
| Bedroom | Main level | 6'8'' x 6'3'' |
| Bedroom | Main level | 12'0'' x 12'0'' |
| Primary Bedroom | Main level | 12'0'' 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
Estimated monthly payment
$3,461/mo
Loan amount
$592,000
Down payment
$148,000
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Cornerstone
Nearby
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
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently 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.
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