$159,900
For sale: Detached

Great Location in Terrace Bay – Home Backing onto Green Space Located in a desirable neighbourhood in Terrace Bay on the shores of Lake Superior, this side-split home offers excellent potential for buyers willing to put in some updates and repairs. The home features three bedrooms and two bathrooms, an attached garage, and a spacious family room. Large windows provide plenty of natural light, and the functional layout is ideal for family living. Outside, you’ll find a fenced backyard that backs onto green space, providing both privacy and a natural setting. With schools, shopping, healthcare, and Lake Superior’s beaches just minutes away, this property combines convenience with opportunity. This is a great chance to invest in a solid home in a fantastic location — bring your ideas and make it your own!
Sold data
Detached homes in Terrace Bay (TB-92) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 68 days.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 (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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