Ferris · P1B 8Z4
$2,990,000
$14 / sq ft2 months on market
Sale of "Prime Arterial Commercial C6 corner lot - 4.9 acres with dual road access on Pinewood Park Drive (Highway 11) and Decaire Road. Severance approved by the City of North Bay Committee of Adjustment. Urban Service Boundary extended and rezoned C6 by City of North Bay - permitted uses: hotel, restaurant, gas bar, financial institution, retail, automotive, recreational facility, day nursery, transit terminal and more. Located directly opposite Cascades Casino North Bay ($41M, Gateway Casinos & OLG) on North Bay's highest-growth commercial corridor - backed by over $500M in confirmed area investment including a $63M Recreation & Community Centre, $5.9M FIFA-sized soccer fields, $100M+ Ontario Northland rail investment. Pinewood Park Drive is undergoing a 5-lane urbanisation - Environmental Assessment complete, funding underway. 15 new industrial and tourism-commercial lots have been approved at 351 Birchs Road, further anchoring West Ferris as North Bay's primary growth and development zone.Surrounded by established national and regional operators including Cascades Casino, Ramada Hotel & Conference Centre, Tim Hortons, Burger King, Petro-Canada, Pinewood Park Golf Course, and Callander's Osprey Golf Course - confirming this corridor as a proven, high-traffic commercial destination with existing consumer demand and year-round activity across gaming, dining, hospitality and recreation."400mm water main and 675mm sanitary sewer confirmed in the Pinewood Park Drive right-of-way by City Engineering - full urban servicing capacity available for connection.
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This home is priced above most comparable listings — about 100% of comparable vacant land listings in North Bay are asking less.
Based on 9 comparable active vacant land listings in North Bay. These are asking prices, not sale prices.
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An estimate on the asking price of $2,990,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of RE/MAX OPTIMUM REALTY. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.