16 Terrace Heights Drive, Terrace Bay, ON
Property Highlights
Welcome to this remarkable Sidesplit 5 detached located in the coveted neighborhood of TB-92. Expertly crafted featuring premium unknown and brick construction, this residence presents an exceptional opportunity offered at $194,900 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 2 Bathrooms
- 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, Built-In Oven, Other
- equipped with other central cooling and highly efficient radiant heating via other
Description
Located in the beautiful community of Terrace Bay just moments from the breathtaking shores of Lake Superior, this super spacious 3-bedroom, 1.5-bath family home offers the perfect blend of comfort, style, and privacy. Designed with family living in mind, the home features a huge open-concept layout highlighted by a bright white kitchen with loads of cabinetry, a large island with breakfast bar, and a cozy corner pellet stove that adds warmth and charm to the heart of the home. The separate formal dining area is perfect for hosting family dinners, while the expansive living room with in-floor heating provides a comfortable and inviting space to relax year-round. The home offers generously sized bedrooms, a full 4-piece bathroom, and a convenient 1-piece bath down. The lower level boasts a large rec room complete with its own pellet stove, creating the ideal space for entertaining, movie nights, or a family games area. Step outside to enjoy the private fully fenced backyard with a peaceful forest backdrop, complete with a patio area and large shed for added storage. Situated on a spacious lot with a huge driveway offering plenty of parking, this property is an exceptional opportunity for growing families looking for space and convenience in one of Northwestern Ontario’s most scenic communities. Call now to book your viewing! Visit www.century21superior.com for more info & pics.
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Property Summary
This detached home located at 16 Terrace Heights Drive, Terrace Bay is currently for sale and has been available on SousaSells for 1 day. This property is listed at $194,900 with an estimated mortgage of $649* per month. It has 3 beds, 2 bathrooms, and is unknown square feet. 16 Terrace Heights Drive, Terrace Bay is in the TB-92 neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 3 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in TB-92, Terrace Bay.
- •3 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •Desirable Detached architecture in TB-92, Terrace Bay
Families, couples, or downsizers looking for a well-proportioned home in Terrace Bay.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Fenced Yard
Interior Features
- Storage
- Built-In Oven
- Other
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 16 Terrace Heights Drive, Terrace Bay, ON
Q.What is the asking price for 16 Terrace Heights Drive, Terrace Bay, ON ?
The current listing price for 16 Terrace Heights Drive, Terrace Bay, ON in TB-92, Terrace Bay is $194,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 3 bedrooms and 2 bathrooms.
Q.What property type and architectural style is 16 Terrace Heights Drive, Terrace Bay, ON ?
16 Terrace Heights Drive, Terrace Bay, ON is a Detached (Sidesplit 5) featuring a Full, Partially Finished basement.
Q.What key property features does 16 Terrace Heights Drive, Terrace Bay, ON offer?
Key property features include: Fenced Yard.
Q.What interior features are included in this home?
Interior highlights include: Storage, Built-In Oven, Other.
Q.What heating and cooling systems are installed?
Heating is provided via Other and cooling via Other.
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Pricing & Value Insights
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About Purchasing a Home in Terrace Bay, ON
For a property listed at $194,900 in Terrace Bay, the legal minimum down payment is $9,745 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 $1,674 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 $1,674.
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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.