$99,900
For sale: Detached

Affordable bi-level living just steps from the shores of Lake Superior! This 2+2-bedroom home offers plenty of space for family or guests, featuring a functional layout with a bright kitchen, separate dining area, and comfortable living spaces on both levels. The property is set on a nice lot in the charming town of Terrace Bay, a friendly northern community known for its small-town spirit, outdoor recreation, and stunning natural beauty. Enjoy life near the incredible Terrace Bay Beach; one of the largest sandy beaches on Lake Superior, where you can swim, kayak, or simply relax and take in the breathtaking views of the lake and Slate Islands. Whether you're looking for your first home, a retirement retreat or a weekend getaway, this property offers an affordable opportunity to enjoy peaceful lakeside living in one of Northwestern Ontario's most scenic communities. Visit www.century21superior.com for more info and pics.
Sold data
Detached homes in Terrace Bay took a median of 41 days to sell over the last 730 days, with the quickest quarter selling within 19 days and the slowest quarter taking more than 76, across 39 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 68 days.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 $169,000.
Homes sold for about 5.1% below asking on average, so there was room to negotiate.
About 8% of sales closed above the list price.
Around 18% of sellers reduced their price before finding a buyer.
Based on 39 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.
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