64 Parkway Place, Terrace Bay (TB-92), Ontario, P0T2W0

For sale

82 days ago

$290K

64 Parkway Place, Terrace Bay (TB-92), Ontario, P0T2W0

3 bd2 baLot size 65 × 115 ft (7,475 sq ft)

Listed by Century 21 Superior Realty Inc.

16 Terrace Heights Drive, Terrace Bay (TB-92), Ontario, P0T2W0

For sale

85 days ago

$195K

16 Terrace Heights Drive, Terrace Bay (TB-92), Ontario, P0T2W0

3 bd2 ba

Listed by Century 21 Superior Realty Inc.

4 Elizabeth Avenue, Terrace Bay (TB-92), Ontario, P0T2W0

For sale

113 days ago

$150K

4 Elizabeth Avenue, Terrace Bay (TB-92), Ontario, P0T2W0

3 bd2 ba900 ft²

Listed by REMAX Generations Realty

Investment analysis

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$159,900

Terrace Bay

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$159,900

For sale

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38 EASTGROVE Crescent, Terrace Bay (TB-92) - Single Family for Sale

38 EASTGROVE Crescent, Terrace Bay (TB-92), Ontario, P0T2W0

3 beds2 baths2 parking65 × 113 ft (7,321 sq ft) lot sizeListed 400 days ago

Overview

This 3-bedroom, 2-bathroom home in Terrace Bay is for sale. Listed at $159,900, it is attractively priced about 18% below the $194,900 median asking price in Terrace Bay. It has been on the market 400 days, fresher than the Terrace Bay average of 466 days.

Houses for Sale in Terrace Bay →All real estate in Terrace Bay →

Description

Great Location in Terrace Bay – Home Backing onto Green Space Located in a desirable neighbourhood in Terrace Bay on the shores of Lake Superior, this side-split home offers excellent potential for buyers willing to put in some updates and repairs. The home features three bedrooms and two bathrooms, an attached garage, and a spacious family room. Large windows provide plenty of natural light, and the functional layout is ideal for family living. Outside, you’ll find a fenced backyard that backs onto green space, providing both privacy and a natural setting. With schools, shopping, healthcare, and Lake Superior’s beaches just minutes away, this property combines convenience with opportunity. This is a great chance to invest in a solid home in a fantastic location — bring your ideas and make it your own! (id:66096)

Property Details

MLS®: X13257340
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 2
Lot Size: 65 × 113 ft (7,321 sq ft)
Frontage: 65 ft
Basement: Finished, Full
Heating: Forced air, Propane
Garage: Attached Garage, Garage
Ownership: Freehold
Property Tax: $2,929.23/yr
Listed: 400 days ago

Rooms

Second level

Bathroom
Bedroom 2: 3.17 x 3.25 meters
Primary Bedroom: 2.99 x 4.26 meters
Bedroom: 2.89 x 3.5 meters

Basement

Other: 3.6 x 5.63 meters
Laundry room: 1.52 x 3.58 meters
Cold room: 2.28 x 2.43 meters
Other

Main level

Living room: 4.8 x 3.65 meters
Kitchen: 2.89 x 2.74 meters

Features

Foundation: Poured Concrete
Exterior: Brick, Aluminum siding

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Cable, Telephone, Electricity Connected

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

400d

Terrace Bay (TB-92) listings, avg age

466d

List price

$160K

Homes here sell slower than most markets

Sold homes in this market spent an average of 90 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 90.3 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 3-bed single family in Terrace Bay (TB-92) has been listed for 400 days, which is 66 days fresher than the city average of 466. Act while there is still low competition.

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Listed by Royal LePage® Lannon Realty · Chris Joubert

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P0T)

This home lists at $159,900, about 2.1× the local median household income of $77,000.

Carrying it typically needs a household income of about $31,234 (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)

$159,900

For sale

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Full Cost Breakdown

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Down Payment5% · $7,995

Min 5%50%

Mortgage payment$842/mo

↳ CMHC premium ($6,076 capitalized)

Property tax (est.)$244/mo

Total monthly$1,086

Cash Needed to Close

Down payment (5%)$7,995

Land transfer tax$1,324

Est. closing costs$2,980

Total cash needed$12,299

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice