82 Lakeview Drive, Terrace Bay, ON

$239,900
MLS#:X13557166
4 beds
2 baths
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Terrace Bay. Expertly crafted featuring premium unknown construction, this residence presents an exceptional opportunity offered at $239,900 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.

  • 4 Bedrooms and 2 Bathrooms
  • Spacious lot size measured in Feet
  • Features a full, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • Convenient other garage included
  • Notable attributes: Storage, Other
  • equipped with other central cooling and highly efficient baseboard heating via electric

Description

Welcome to Lakeview Drive! This charming 3+1 bedroom, 2 bathroom bungalow is located on one of the area's most sought-after streets. Offering plenty of space inside and out, this home features a newly updated finished basement, complete with a spacious rec room and additional bedroom- perfect for guests, teens or a home office. Outside, you'll love the large driveway with room for multiple vehicles, RV's or recreational toys, plus a detached garage with power. The backyard is designed for both relaxation and entertaining, featuring a large deck with gazebo, a cozy fire pit area and raised vegetable beds for the gardening enthusiast. Whether you're looking for room to grow or a move in ready home in a fantastic neighborhood this Lakeview Drive Gem is one you wont want to miss.

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Property Summary

This detached home located at 82 Lakeview Drive, Terrace Bay is currently for sale and has been available on SousaSells for 4 days. This property is listed at $239,900 with an estimated mortgage of $799* per month. It has 4 beds, 2 bathrooms, and is unknown square feet. 82 Lakeview Drive, Terrace Bay

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
4
Bathrooms
2
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date7/13/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionUnknown
BasementFull, Partially Finished
CountyThunder Bay
Annual Tax$2,962
Legal DescriptionPCL 15266 SEC TBF; FIRSTLY: LT 573 PL M226 STREY; SECONDLY: PT LT 574 PL M226 STREY AS IN LT95397; TERRACE BAY

Parking & Garage

Garage TypeOther

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
CoolingOther

Features

Property Features

Interior Features

Storage, Other

Security Features

Community Features

Location

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82 Lakeview Drive, Terrace Bay, ON

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 82 Lakeview Drive, 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.

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$71,970 (30.0%)
* Minimum Canadian down payment required for this price is $11,995.
Amortization Period30 Years
Estimated Monthly Payment$799Based on a loan of $167,930 over 30 years.
Purchase Price$239,900
Loan Amount$167,930
Provincial Land Transfer Tax:$2,124
Total Estimated Closing Taxes:$2,124

About Purchasing a Home in Terrace Bay, ON

For a property listed at $239,900 in Terrace Bay, the legal minimum down payment is $11,995 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 $2,124 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 $2,124.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$167,295

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%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

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.