$50,000
For sale: Vacant Land

Commercial lot of 2.99 acres just off Hwy 17 conveniently located within the town limits of Terrace Bay. Local and highway traffic nearby. Services at the road.
Sold data
Homes in Terrace Bay (TB-92) took a median of 36 days to sell over the last 730 days, with the quickest quarter selling within 19 days and the slowest quarter taking more than 70, across 45 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 68 days.
The median sale price was $152,000.
Homes sold for about 6.0% below asking on average, so there was room to negotiate.
About 7% of sales closed above the list price.
Around 16% of sellers reduced their price before finding a buyer.
Based on 45 recorded sales in the last 2 years — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Terrace Bay (TB-92) has 1 Fraser Institute–rated school (1 secondary).
School ratings from the Fraser Institute's Ontario school report cards.
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