$14,900
For sale: Vacant Land

UNIQUE OPPORTUNITY IN TERRACE BAY! Looking for a project or a property or a property with potential? This residential lot, located in the Township of Terrace Bay, includes an existing dwelling that has not been occupied for over 25 years. Hydro has been disconnected and the water line is shut off at the main. The dwelling is not considered livable in its current condition, and NO ADMITTANCE to the dwelling will be permitted. An interesting opportunity for buyers looking for a residential property where the value may be in the lot, location and future possibilities.
Sold data
Homes in TERRACE BAY took a median of 35 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 42 recorded sales.
The median sale price was $164,200.
Homes sold for about 5.6% below asking on average, so there was room to negotiate.
About 7% of sales closed above the list price.
Around 14% of sellers reduced their price before finding a buyer.
Based on 42 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 has 1 Fraser Institute–rated school (1 secondary).
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale

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