64 Parkway Place, Terrace Bay, ON

$289,900
MLS#:X13675048
3 beds
2 baths
Residential Freehold
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Property Highlights

Welcome to this remarkable Sidesplit 5 detached located in the coveted neighborhood of TB-92. Expertly crafted featuring premium vinyl siding and unknown construction, this residence presents an exceptional opportunity offered at $289,900 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
  • Premium 65 x 115 ft lot size
  • 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

This stunning fully redone 3-bedroom side-split in Terrace Bay offers the perfect blend of modern style and small-town charm, set in a quiet residential neighborhood just minutes from one of Lake Superior’s most beautiful sandy beaches - Terrace Bay beach. Step inside to a gorgeous open-concept living room, kitchen, and dining area filled with natural light and accented by pot lighting, newer appliances, modern white cabinetry, newer windows, and a high-efficiency propane furnace. The home also features a cute covered front verandah, a spacious bright rec room, and two full spa-like bathrooms that add a touch of luxury. Situated on a large corner lot, this property is designed for comfort and convenience with shingles and exterior updates already done, making it move-in ready. Terrace Bay itself is a vibrant lakeside community, known for its friendly atmosphere, breathtaking scenery, and rich history tied to the pulp and paper industry. Residents enjoy a relaxed small-town lifestyle with endless outdoor adventures right at their doorstep - whether it’s strolling along Lake Superior’s shoreline, exploring nearby hiking trails, or embracing the town’s welcoming community spirit. This home isn’t just a place to live, it’s a chance to be part of Terrace Bay’s unique way of life. Visit www.century21superior.com for more info & pics.

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Property Summary

This detached home located at 64 Parkway Place, Terrace Bay is currently for sale and has been available on SousaSells for 0 days. This property is listed at $289,900 with an estimated mortgage of $965* per month. It has 3 beds, 2 bathrooms, and is unknown square feet. 64 Parkway Place, 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.
Is this a Good Home for Families?

Yes! Featuring 3 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in TB-92, Terrace Bay.

Highly Recommended for Families
What We Love About This Home
  • 3 spacious bedroom layout offering versatile living space
  • 2 well-appointed bathrooms
  • Desirable Detached architecture in TB-92, 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
2
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date8/14/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleSidesplit 5
ConstructionVinyl Siding, Unknown
BasementFull, Partially Finished
Lot Size65 × 115 Feet
CountyThunder Bay
Annual Tax$2,900
Legal DescriptionPCL 89-1 SEC M329; LT 89 PL M329 STREY; S/T LT141973; TERRACE BAY pin #624570711

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 64 Parkway Place, Terrace Bay, ON

Q.What is the asking price for 64 Parkway Place, Terrace Bay, ON ?

The current listing price for 64 Parkway Place, Terrace Bay, ON in TB-92, Terrace Bay is $289,900.

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 64 Parkway Place, Terrace Bay, ON ?

64 Parkway Place, Terrace Bay, ON is a Detached (Sidesplit 5) 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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64 Parkway Place, 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 64 Parkway Place, 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.

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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$86,970 (30.0%)
* Minimum Canadian down payment required for this price is $14,495.
Amortization Period30 Years
Estimated Monthly Payment$965Based on a loan of $202,930 over 30 years.
Purchase Price$289,900
Loan Amount$202,930
Provincial Land Transfer Tax:$2,824
Total Estimated Closing Taxes:$2,824

About Purchasing a Home in Terrace Bay, ON

For a property listed at $289,900 in Terrace Bay, the legal minimum down payment is $14,495 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 $2,824 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 $2,824.

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TB-92, Terrace Bay Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for TB-92, Terrace Bay.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$191,914

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 TB-92, Terrace Bay

Elementary Schools

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Secondary Schools

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TB-92, 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.