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

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

For sale

400 days ago

$160K

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

3 bd2 ba2 pkLot size 65 × 113 ft (7,321 sq ft)

Listed by Royal LePage® Lannon Realty

Investment analysis

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$289,900

Terrace Bay

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$289,900

For sale

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64 Parkway Place, Terrace Bay (TB-92) - Single Family for Sale

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

3 beds2 baths65 × 115 ft (7,475 sq ft) lot sizeListed 82 days ago

Overview

This 3-bedroom, 2-bathroom home in Terrace Bay is for sale. It has been on the market 82 days, fresher than the Terrace Bay average of 465 days.

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

Description

This stunning fully redone 3-bedroom side-split in Terrace Bay offers the perfect blend of modern style and small-town charm, set in a quiet residential neighborhood just minutes from one of Lake Superior’s most beautiful sandy beaches - Terrace Bay beach. Step inside to a gorgeous open-concept living room, kitchen, and dining area filled with natural light and accented by pot lighting, newer appliances, modern white cabinetry, newer windows, and a high-efficiency propane furnace. The home also features a cute covered front verandah, a spacious bright rec room, and two full spa-like bathrooms that add a touch of luxury. Situated on a large corner lot, this property is designed for comfort and convenience with shingles and exterior updates already done, making it move-in ready. Terrace Bay itself is a vibrant lakeside community, known for its friendly atmosphere, breathtaking scenery, and rich history tied to the pulp and paper industry. Residents enjoy a relaxed small-town lifestyle with endless outdoor adventures right at their doorstep - whether it’s strolling along Lake Superior’s shoreline, exploring nearby hiking trails, or embracing the town’s welcoming community spirit. This home isn’t just a place to live, it’s a chance to be part of Terrace Bay’s unique way of life. Visit www.century21superior.com for more info & pics. (id:66096)

Property Details

MLS®: X13675048
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Lot Size: 65 × 115 ft (7,475 sq ft)
Frontage: 65 ft
Basement: Partially finished, Full
Heating: Forced air, Propane
Garage: No Garage
Ownership: Freehold
Property Tax: $2,900/yr
Listed: 82 days ago

Rooms

Basement

Other: 6.18 x 7.37 meters
Other

Second level

Bedroom 2: 3.35 x 2.65 meters
Primary Bedroom: 2.98 x 3.87 meters
Bathroom
Bedroom: 2.98 x 3.04 meters

Main level

Living room: 6.03 x 3.16 meters
Kitchen: 5.94 x 2.62 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Stove, Dryer
Flooring: Tile, Vinyl
Foundation: Poured Concrete
Exterior: Vinyl 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

82d

Terrace Bay (TB-92) listings, avg age

465d

List price

$290K

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 82 days, which is 383 days fresher than the city average of 465. Act while there is still low competition.

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Listed by Century 21 Superior Realty Inc. · Wendy Ferris

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P0T)

This home lists at $289,900, about 3.8× the local median household income of $77,000.

Carrying it typically needs a household income of about $56,628 (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)

$289,900

For sale

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Full Cost Breakdown

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Down Payment5% · $14,495

Min 5%50%

Mortgage payment$1,527/mo

↳ CMHC premium ($11,016 capitalized)

Property tax (est.)$242/mo

Total monthly$1,769

Cash Needed to Close

Down payment (5%)$14,495

Land transfer tax$2,824

Est. closing costs$3,370

Total cash needed$20,689

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