34 Terrace Heights Drive, Terrace Bay, ON

$225,000
MLS#:X13250888
2 beds
2 baths
700-1100 sqft
Residential Freehold
Residential Freehold for sale - 2 Bed, 2 Bath Home at 34 Terrace Heights Drive Terrace Bay ON listed at $225,000 (MLS# X13250888) - Main View
Price Change
For Sale
Added:May 18, 2026(172 days ago)
Updated:Oct 16, 2026(21 days ago)
Last Checked:17 minutes ago

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Terrace Bay. Expertly crafted featuring premium vinyl siding and brick construction, this residence presents an exceptional opportunity offered at $225,000 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.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 700-1100 sqft on a spacious lot (Feet)
  • Features a full, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • Ample parking with 2.0 garage spaces (2.0 total parking spaces) with a convenient detached configuration
  • Notable attributes: Other
  • Efficient forced air heating via oil

Description

34 Terrace Heights Drive is a beautiful bungalow set on an oversized lot surrounded by mature trees and lush greenery--offering a peaceful setting with plenty of space to relax and host. Step inside to a versatile front entry space that serves perfectly as a mudroom, cozy reading nook, sitting area, or additional storage space for busy family living. The inviting kitchen is fully equipped with modern appliances, ample cabinetry, generous counter space, and a convenient eat-in counter ideal for casual meals, morning coffee, or entertaining guests. The adjoining living room is bright and spacious, creating a welcoming atmosphere with direct access to the front deck, making indoor-outdoor living effortless during the warmer months. The main level also features two bedrooms and a full 4pce bathroom. Downstairs, the basement expands your living space with a large finished rec room complete with a pool table, making it the perfect spot for movie nights, family gatherings, and game nights. And, you have a convenient 3-piece bathroom with ceramic tile flooring. A laundry room and bonus room complete the lower level. One of the standout features of this home is the incredible sunroom, filled with natural light from an abundance of windows and offering beautiful views of the surrounding yard. Complete with a relaxing hot tub, this space provides the ultimate year-round retreat where you can unwind in comfort regardless of the season. Outside, the property continues to impress with a fully fenced backyard and a wraparound deck perfect for lounging or barbecuing. Additional exterior features include two storage sheds, a massive detached 2-car garage, as well as ample parking. From the moment you arrive, this property showcases warmth, charm, and functionality both inside and out.

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Property Summary

This detached home located at 34 Terrace Heights Drive, Terrace Bay is currently for sale and has been available for 172 days. This property is listed at $225,000 with an estimated mortgage of $749* per month. It has 2 beds, 2 bathrooms, and is 700-1100 square feet. 34 Terrace Heights Drive, Terrace Bay

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

Yes! Featuring 2 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Terrace Bay.

Highly Recommended for Families
What We Love About This Home
  • •2 spacious bedroom layout offering versatile living space
  • •2 well-appointed bathrooms
  • •700-1100 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

First-time home buyers, professionals, or investors seeking value.

Target Buyer Match

Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Price$225,000
AddedMay 18, 2026 (172 days ago)
UpdatedOct 16, 2026 (21 days ago)
Last Checked17 minutes ago
Transaction TypeFor Sale
List Office NameREMAX Generations Realty

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionVinyl Siding, Brick
BasementFull, Partially Finished
CountyThunder Bay
Annual Tax$2,962.9
Rental ItemsNone
Legal DescriptionPCL 312-1 SEC M329; LT 312 PL M329 STREY; S/T LT141973; TERRACE BAY

Parking & Garage

Parking Space3
Garage Parking2.0
Garage TypeDetached

Heating & Cooling

Heat SourceOil
Heat TypeForced Air
CoolingNone

Features

Property Features

  • Fenced Yard

Interior Features

  • Other

Security Features

None listed

Community Features

None listed

Property History

No historical data available for this property.

This could be the first listing for this address.

Terrace Bay Home Buyer Advisory & Market HubActive MLS® Listing in Terrace Bay, Ontario

Looking to Buy a Home in Terrace Bay?

If you are looking for a house in Terrace Bay or researching Terrace Bay real estate for sale, this 2-bedroom detached at 34 Terrace Heights Drive, Terrace Bay, ON offers an exceptional opportunity to buy a home in Terrace Bay, Ontario. Whether you are a first-time Terrace Bay home buyer or comparing active Terrace Bay MLS® homes for sale, working with a dedicated Terrace Bay buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.

Terrace Bay Homes for Sale & MLS® Listings

Browse all verified Terrace Bay real estate listings, compare active Terrace Bay houses for sale, and view brand new MLS® inventory before it hits the open market.

Dedicated Terrace Bay Buyer Agent

Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Terrace Bay realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.

Terrace Bay Buyer Budget & Costs

Estimated mortgage: $749*/month*. Estimated Ontario Land Transfer Tax: $1,975. First-time Terrace Bay home buyers may qualify for up to $8,475 in rebates.

Frequently Asked Questions: Buying a Home in Terrace Bay

Frequently Asked Questions about 34 Terrace Heights Drive, Terrace Bay, ON

Q.What is the asking price for 34 Terrace Heights Drive, Terrace Bay, ON ?

The current listing price for 34 Terrace Heights Drive, Terrace Bay, ON in Terrace Bay is $225,000.

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

This property features 2 bedrooms and 2 bathrooms across approximately 700-1100 sqft.

Q.What property type and architectural style is 34 Terrace Heights Drive, Terrace Bay, ON ?

34 Terrace Heights Drive, Terrace Bay, ON is a Detached (Bungalow) featuring a Full, Partially Finished basement.

Q.What key property features does 34 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: Other.

Q.Is parking available at this property?

Yes, this property offers parking space for 2.0 vehicles (Detached).

Q.What heating and cooling systems are installed?

Heating is provided via Oil and cooling via None.

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Location

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34 Terrace Heights Drive, Terrace Bay, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Terrace Bay, Terrace Bay

SAFETY RATING9.4 / 10
Low Incident Area
Total Annual Incidents35 incidents / yr
Average Per Month2.9 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

8 assaults (30.0/100k)

Property Security
Very Low

8 B&E (30.0/100k)

Auto Theft Risk
Low Risk

10 thefts (35.0/100k)

1-Year Trend
â–Ľ 6%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Official Police Services ArcGIS Open Data
Halton & GTA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

Pricing & Value Insights

Data-driven valuation for 34 Terrace Heights Drive, Terrace Bay, ON P0T 2W0

Estimated Sales Range
$214,000 - $221,000

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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$67,500 (30.0%)
* Minimum Canadian down payment required for this price is $11,250.
Amortization Period30 Years
Estimated Monthly Payment$749Based on a loan of $157,500 over 30 years.
Purchase Price$225,000
Loan Amount$157,500
Provincial Land Transfer Tax:$1,975
Total Estimated Closing Taxes:$1,975

About Purchasing a Home in Terrace Bay, ON

For a property listed at $225,000 in Terrace Bay, the legal minimum down payment is $11,250 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 $1,975 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 $1,975.

Terrace Bay Neighborhood Guide

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

Verified Local Data
City Population202,022
City Median Age42.4 Yrs
City Ownership78% Owners
Avg Area List Price$162,254

People & Families

Age Distribution

Household Composition

One-person households
18%
Families with children
50%
Couples without children
27%
Other households
5%

Top Ethnic Origins

Chinese30%
Iranian11%
Canadian8%
Italian7%

Best Schools in Terrace Bay

Elementary Schools

No elementary schools data loaded.

Secondary Schools

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Terrace Bay Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied78%
Rented22%

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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.

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