35 Terrace Heights Drive, Terrace Bay, ON
Property Highlights
Welcome to this remarkable Other detached located in the coveted neighborhood of Terrace Bay. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $250,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 5 Bedrooms and 2 Bathrooms
- Premium 65 x 115 ft lot size
- Features a full basement, adding superb versatility for recreation, a home gym, or extra storage
- Notable attributes: Other
- equipped with other central cooling and highly efficient baseboard heating via other
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!
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Property Summary
This detached home located at 35 Terrace Heights Drive, Terrace Bay is currently for sale and has been available on SousaSells for 4 days. This property is listed at $250,000 with an estimated mortgage of $832* per month. It has 5 beds, 2 bathrooms, and is unknown square feet. 35 Terrace Heights Drive, Terrace Bay
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 35 Terrace Heights Drive, Terrace Bay, ON P0T 2W0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Terrace Bay, ON
For a property listed at $250,000 in Terrace Bay, the legal minimum down payment is $12,500 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $2,225 for this transaction. As this listing is in Terrace Bay (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $2,225.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.