$215,000

For sale

23 Terrace Heights Drive, Terrace Bay - Single Family for Sale

23 Terrace Heights Drive, Terrace Bay, Ontario, P0T2W0

5 beds3 baths900 ft²65 × 115 ft (7,475 sq ft) lot sizeListed 114 days ago

Overview

This 5-bedroom, 3-bathroom home in Terrace Bay is for sale offering roughly 900 sq ft of space. It has been on the market 114 days, fresher than the Terrace Bay average of 257 days.

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Description

Spacious 5 - Bedroom Family Home! Welcome to this well-maintained 5 - bedroom, 2 - bath home offering plenty of space for the whole family. The bright living and dining rooms feature beautiful hardwood floors, creating a warm and inviting atmosphere. The functional kitchen comes complete with all included appliances, making this home move-in ready. The fully finished lower-level rec room is the perfect place to relax, highlighted by a cozy Harman pellet stove for year-round comfort. Step through the dining room patio doors onto a large deck, ideal for entertaining, summer barbecues, or enjoying your morning coffee. Additional features include a sauna, workshop, ample storage, and a layout designed for comfortable family living. Don't miss this fantastic opportunity to own a spacious home with great amenities! (id:66096)

Property Details

MLS®: X13556466
Property Type: Single Family
Bedrooms: 5
Beds (above / below): 3 above · 2 below
Bathrooms: 3
Interior Size: 900 ft²
Lot Size: 65 × 115 ft (7,475 sq ft)
Frontage: 65 ft
Basement: Full
Heating: Baseboard heaters, Electric, Other
Garage: No Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $2,626.2/yr
Listed: 114 days ago

Rooms

Basement

Other: 2.16 x 2.76 meters
Other: 4.9 x 6.42 meters
Laundry room: 3.68 x 3.38 meters
Bathroom
Bedroom 4: 2.44 x 2.76 meters

Second level

Bathroom
Bedroom 2: 2.44 x 2.77 meters
Living room: 2.47 x 4.91 meters
Primary Bedroom: 3.36 x 3.67 meters
Kitchen: 2.47 x 3.36 meters
Dining room: 3.36 x 4.27 meters

Features

Appliances: Washer, Refrigerator, Stove, Dryer
Flooring: Tile, Hardwood, Laminate
Exterior: Vinyl siding

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Electricity Connected

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

114d

Terrace Bay listings, avg age

257d

Price / ft²

$239

List price

$215K

Homes here sell slower than most markets

Sold homes in this market spent an average of 88 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 89.4 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 5-bed single family in Terrace Bay has been listed for 114 days, which is 143 days fresher than the city average of 257. Act while there is still low competition.

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Listed by Re/Max Generations Realty · Wendy Krystia

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P0T)

This home lists at $215,000, about 2.8× the local median household income of $77,000.

Carrying it typically needs a household income of about $41,997 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $77,000
Population: 32,000
Median age: 45.6
Owner / renter: 84% / 16%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA P0T)

$215,000· $239/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $10,750

Min 5%50%

Mortgage payment$1,132/mo

↳ CMHC premium ($8,170 capitalized)

Property tax (est.)$219/mo

Total monthly$1,351

Cash Needed to Close

Down payment (5%)$10,750

Land transfer tax$1,875

Est. closing costs$3,145

Total cash needed$15,770

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