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 $169,000 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.
Terrace Bay is known for its beautiful scenery and welcoming community. This large home with four bedrooms and a fenced-in yard provides plenty of space for a family or anyone who desires extra room. The addition of a main floor den offers flexibility for use as a home office, playroom, or even a guest room. Terrace Bay's natural beauty and amenities make it an attractive location to live in. Close to schools, shopping, hospital, recreation and seniors center. Just minutes from beautiful Lake Superior and the public beaches.
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Fenced Yard
Storage, Other
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 58 LAURIER Avenue, Terrace Bay, ON P0T 2W0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Terrace Bay.
About Purchasing a Home in Terrace Bay, ON
For a property listed at $169,000 in Terrace Bay, the legal minimum down payment is $8,450 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 $1,415 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 $1,415.
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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.