6 MACDONALD AVENUE, Terrace Bay

$219,900

For sale: Detached

Detached at 6 MACDONALD AVENUE, Terrace Bay
Property type
Detached
Bedrooms / bathrooms
3 bedrooms, 2 bathrooms
Living area
1,100 sqft
MLS®
MLS® X12908042

Rare income-generating opportunity in Terrace Bay. This 1,053 SF updated 3-bedroom, 2-bathroom home features a bright above-ground walk-out basement suite, making it ideal for buyers looking to live in the main home while using the lower unit to help offset the mortgage and carrying costs. The upper level offers 2 bedrooms, 1 bathroom, a fully renovated kitchen with new cabinets, countertops, sink, appliances, and washing machine, plus fresh paint and new laminate flooring. The lower level includes a separate 1-bedroom, 1-bathroom suite with its own laundry, updated laminate flooring, and large windows that make the space feel bright and welcoming. Situated on a large lot, this property also features a new tin roof and plenty of flexibility for homeowners, investors, or multi-generational living. A rare chance to own a move-in-ready home with built-in income potential. *For Additional Property Details Click The Brochure Icon Below*

Sold data

Detached homes in Terrace Bay — recent sold market

Detached homes in Terrace Bay took a median of 38 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 40 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 68 days.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 $169,450.

Homes sold for about 4.9% 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.

Median days to sell
39
Median sale price
$169,450
Sale-to-list ratio
95.1%
Sold above asking
8%

Based on 40 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

Schools in Terrace Bay

Terrace Bay has 1 Fraser Institute–rated school (1 secondary).

Rated schools
1
Secondary
1

Top-rated schools in Terrace Bay

  • Lake Superior — secondaryFraser rating 3.2/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 6 MACDONALD AVENUE