88 Lakeview DR, Terrace Bay
$139,900
For sale: Detached
- Property type
- Single Family
- Bedrooms / bathrooms
- 2 bedrooms, 1 bathroom
- Year built
- Built in 1973
- MLS®
- MLS® TB2602209
- Neighbourhood
- Terrace Bay
Step inside this unique 2-bedroom, 1-bath home that was originally built as a log home and still features its beautiful original log interior, offering warmth and character you won't find in many homes today. Enjoy stunning views of Lake Superior right from your living room while taking in the peaceful surroundings.The fenced yard is perfect for children, pets, or gardening, and the detached garage provides excellent storage and workspace, complete with a WETT-inspected wood stove. The basement also features a WETT-inspected wood stove, offering additional heating options.The living room fireplace is not operational, and the bathroom will require repairs, giving the next owner an opportunity to add value and make the space their own.If you've been looking for a home with character, lake views and plenty of potential this could be the perfect opportunity. Book your private viewing today!
Sold data
Detached homes in Terrace Bay — recent sold market
Detached homes in Terrace Bay 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 37 recorded sales.
The median sale price was $174,900.
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 16% of sellers reduced their price before finding a buyer.
- Median days to sell
- 36
- Median sale price
- $174,900
- Sale-to-list ratio
- 94.9%
- Sold above asking
- 8%
Based on 37 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.
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