27 Superior Avenue, Terrace Bay, ON
Property Highlights
Welcome to this remarkable 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 $219,900 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
- Generous living space spanning 1100-1500 sqft on a premium 63.5 x 125 ft lot
- Features a partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available
- Notable attributes: Propane Tank
- Efficient forced air heating via oil
Description
Updated 3-Bedroom Home - Terrace Bay, Ontario. Well-maintained and thoroughly updated 3-bedroom, 1-bath home ready for its next owner. Key Upgrades Include: *Brand new high-efficiency furnace*New hot water tank *Cozy natural gas fireplace *Partially finished basement with great potential *Deck in yard wired for jacuzzi *Front deck with south western exposure. This home is well loved, clean, bright, and move-in ready. Perfect for families, remote workers, or anyone wanting more house for less money. Great neighborhood, close to amenities, schools, and beautiful Lake Superior. *For Additional Property Details Click The Brochure Icon Below*
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Pricing & Value Insights
Data-driven valuation for 27 Superior Avenue, Terrace Bay, ON P0T 2W0
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About Purchasing a Home in Terrace Bay, ON
For a property listed at $219,900 in Terrace Bay, the legal minimum down payment is $10,995 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 $1,924 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 $1,924.
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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.