15 PRINCESS Avenue, Terrace Bay, ON

$129,900
MLS#:X13608034
3 beds
1 baths
Residential Freehold
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Property Highlights

Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Terrace Bay. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $129,900 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.

  • 3 Bedrooms and 1 Bathroom
  • Spacious lot size measured in Feet
  • Features a full, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • Notable attributes: Storage, Other
  • equipped with other central cooling and highly efficient forced air heating via propane

Description

Charming 1.5 storey home. Welcome to this delightful 3 bedroom, 1 bathroom home that offers the perfect blend of character and comfort. Featuring beautiful hardwood floors, convenient main floor laundry and a bright, functional layout, this home is ready for its next owners. Recent updates include updated appliances and propane furnace, giving you peace of mind and added efficiency. Enjoy your morning coffee on the front deck or unwind on the back deck overlooking the large, mostly fenced backyard- ideal for children, pets, gardening or entertaining. With its adorable curb appeal and move-in-ready feel, this charming property is sure to capture your attention. Whether you're a first time buyer, downsizing or looking for an investment opportunity this home is one you wont want to miss!

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Property Summary

This detached home located at 15 PRINCESS Avenue, Terrace Bay is currently for sale and has been available on SousaSells for 3 days. This property is listed at $129,900 with an estimated mortgage of $432* per month. It has 3 beds, 1 bathroom, and is unknown square feet. 15 PRINCESS Avenue, Terrace Bay

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 3 bedrooms and 1 bathroom, this home offers ample space and comfort for growing families in Terrace Bay.

Highly Recommended for Families
What We Love About This Home
  • 3 spacious bedroom layout offering versatile living space
  • 1 well-appointed bathroom
  • Desirable Detached architecture in Terrace Bay
Standout Features & Layout
Who Should Buy This Home?

Families, couples, or downsizers looking for a well-proportioned home in Terrace Bay.

Target Buyer Match

Key Features

Bedrooms
3
Bathrooms
1
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date7/27/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style1 1/2 Storey
ConstructionVinyl Siding
BasementFull, Partially Finished
CountyThunder Bay
Annual Tax$1,632
Legal DescriptionPCL 19073 SEC TBF; LT 449 PL M143 STREY EXCEPT PT 1 55R5201; LT 448 PL M143 STREY EXCEPT PT 1 55R4336; TERRACE BAY

Parking & Garage

Garage TypeNone

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingOther

Features

Property Features

None listed

Interior Features

  • Storage
  • Other

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 15 PRINCESS Avenue, Terrace Bay, ON

Q.What is the asking price for 15 PRINCESS Avenue, Terrace Bay, ON ?

The current listing price for 15 PRINCESS Avenue, Terrace Bay, ON in Terrace Bay is $129,900.

Q.How many bedrooms and bathrooms does this property have?

This property features 3 bedrooms and 1 bathroom.

Q.What property type and architectural style is 15 PRINCESS Avenue, Terrace Bay, ON ?

15 PRINCESS Avenue, Terrace Bay, ON is a Detached (1 1/2 Storey) featuring a Full, Partially Finished basement.

Q.What interior features are included in this home?

Interior highlights include: Storage, Other.

Q.What heating and cooling systems are installed?

Heating is provided via Propane and cooling via Other.

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Location

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15 PRINCESS Avenue, Terrace Bay, ON

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 15 PRINCESS Avenue, Terrace Bay, ON P0T 2W0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Terrace Bay.

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Interest Rate4.00%
Down Payment$38,970 (30.0%)
* Minimum Canadian down payment required for this price is $6,495.
Amortization Period30 Years
Estimated Monthly Payment$432Based on a loan of $90,930 over 30 years.
Purchase Price$129,900
Loan Amount$90,930
Provincial Land Transfer Tax:$1,024
Total Estimated Closing Taxes:$1,024

About Purchasing a Home in Terrace Bay, ON

For a property listed at $129,900 in Terrace Bay, the legal minimum down payment is $6,495 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 $1,024 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 $1,024.

Terrace Bay Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Terrace Bay.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$165,141

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Best Schools in Terrace Bay

Elementary Schools

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Secondary Schools

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Terrace Bay Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.