7 East Grove Crescent, Terrace Bay, ON
Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Terrace Bay. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $89,900 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 unfinished, full basement, adding superb versatility for recreation, a home gym, or extra storage
- Notable attributes: Other
- equipped with other central cooling and highly efficient baseboard heating via electric
Description
Unique Wood Home with Endless Potential! Bring your vision to this distinctive 3-bedroom, 2-bath home filled with rustic charm and character. Featuring warm wood accents throughout, including exposed beams and wood paneling, this home offers a cozy chalet-inspired feel that's hard to find. While the property requires some work it presents an excellent opportunity for buyers looking to add their own style and value. A steel roof provides peace of mind, and the large backyard offers plenty of space for gardening, entertaining, or future outdoor projects.If you're searching for a home with unique character and unlimited potential, this could be the perfect opportunity!
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Property Summary
This detached home located at 7 East Grove Crescent, Terrace Bay is currently for sale and has been available on SousaSells for 8 days. This property is listed at $89,900 with an estimated mortgage of $299* per month. It has 3 beds, 2 bathrooms, and is unknown square feet. 7 East Grove Crescent, Terrace Bay
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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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 7 East Grove Crescent, Terrace Bay, ON P0T 2W0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Terrace Bay, ON
For a property listed at $89,900 in Terrace Bay, the legal minimum down payment is $4,495 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 $624 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 $624.
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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.