88 Lakeview Drive, Terrace Bay, ON

$120,000
MLS#:X13633340
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2 beds
1 baths
700-1100 sqft
Residential Freehold
Sold property - 2 Bed, 1 Bath Home at 88 Lakeview Drive Terrace Bay ON listed at $120,000 (MLS# X13633340) - Main View
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This property was sold on September 24, 2026. Listing is for reference only.
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Added:Aug 4, 2026(86 days ago)
Updated:Sep 24, 2026(35 days ago)
Last Checked:23 minutes ago

Property Highlights

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Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Terrace Bay. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $120,000 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 1 Bathroom
  • Generous living space spanning 700-1100 sqft on a premium 90 x 120 ft lot
  • Features a unfinished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • Ample parking with 2.0 garage spaces (2.0 total parking spaces)
  • Notable attributes: Other
  • equipped with other central cooling and highly efficient forced air heating via electric

Description

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Step inside this unique 2-bedroom, 1-bath home that was originally built as a log home and still features its beautiful original log interior, offering warmth and character you won't find in many homes today. Enjoy stunning views of Lake Superior right from your living room while taking in the peaceful surroundings.The fenced yard is perfect for children, pets, or gardening, and the detached garage provides excellent storage and workspace, complete with a WETT-inspected wood stove. The basement also features a WETT-inspected wood stove, offering additional heating options.The living room fireplace is not operational, and the bathroom will require repairs, giving the next owner an opportunity to add value and make the space their own.If you've been looking for a home with character, lake views and plenty of potential this could be the perfect opportunity. Book your private viewing today!

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Property Summary

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This detached home located at 88 Lakeview Drive, Terrace Bay is currently for sale and has been available for 86 days. This property is listed at $120,000 with an estimated mortgage of $399* per month. It has 2 beds, 1 bathroom, and is 700-1100 square feet. 88 Lakeview Drive, Terrace Bay

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

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Terrace Bay.

Great for Small Household / Couples
What We Love About This Home
  • •2 spacious bedroom layout offering versatile living space
  • •1 well-appointed bathroom
  • •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

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

Additional Details

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StatusSold
Sold DateSeptember 24, 2026
Sold price information is available to members only
AddedAug 4, 2026 (86 days ago)
UpdatedSep 24, 2026 (35 days ago)
Last Checked23 minutes ago
Transaction TypeFor Sale
List Office NameRe/Max Generations Realty

Property Details

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Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionVinyl Siding
BasementUnfinished, Full
Lot Size90 Ă— 120 Feet
CountyThunder Bay
Annual Tax$2,492
Rental ItemsNone.
Legal DescriptionPCL 15831 SEC TBF; LT 578 PL M226 STREY SRO; PT LT 577 PL M226 STREY AS IN LT102609 SRO; TERRACE BAY

Parking & Garage

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Garage Parking2.0
Garage TypeNone

Heating & Cooling

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Heat SourceElectric
Heat TypeForced Air
CoolingOther

Features

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Property Features

None listed

Interior Features

  • Other

Security Features

None listed

Community Features

None listed

Property History

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No historical data available for this property.

This could be the first listing for this address.

Terrace Bay Homeowner & Seller AdvisoryVerified Sold Comp

What is your house worth in Terrace Bay?

This property at 88 Lakeview Drive, Terrace Bay, ON has closed. If you own a home on this street or nearby in Terrace Bay, recent market trends and verified sold prices directly determine your home equity.

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Frequently Asked Questions about 88 Lakeview Drive, Terrace Bay, ON

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Q.What is the asking price for 88 Lakeview Drive, Terrace Bay, ON ?

The current listing price for 88 Lakeview Drive, Terrace Bay, ON in Terrace Bay is $120,000.

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

This property features 2 bedrooms and 1 bathroom across approximately 700-1100 sqft.

Q.What property type and architectural style is 88 Lakeview Drive, Terrace Bay, ON ?

88 Lakeview Drive, Terrace Bay, ON is a Detached (Bungalow) featuring a Unfinished, Full basement.

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 (None).

Q.What heating and cooling systems are installed?

Heating is provided via Electric and cooling via Other.

Location

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88 Lakeview Drive, Terrace Bay, ON
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 88 Lakeview Drive, Terrace Bay, ON P0T 2W0

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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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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

No secondary schools data loaded.

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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