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Land for Sale in Terrace Bay

9 active · land · updated daily


There are currently 9 land for sale in Terrace Bay, Ontario. The median parcel of land is listed near $15,000, spanning $15K at the low end to $50K at the top. Every listing below links straight to its full parcel of land details, photos, and map location.

The most active pocket is TB-92. Inventory is updated every day from current MLS® feeds.

Market Snapshot9 parcel of lands
Active parcel of lands
9
Median price
$15,000
Average price
$22,778
Price range
$15K – $50K

Sold data

Homes in Terrace Bay — recent sold market

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 46 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 68 days.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 $155,950.

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 15% of sellers reduced their price before finding a buyer.

Median days to sell
35
Median sale price
$155,950
Sale-to-list ratio
94.4%
Sold above asking
7%

Based on 46 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.

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Frequently asked questions

How many land are for sale in Terrace Bay?

There are 9 land for sale in Terrace Bay, Ontario as of today. The list updates daily from current MLS® data.

What is the typical price of land for sale in Terrace Bay?

The median asking price for land for sale in Terrace Bay is approximately $15,000. Prices range from $15K to $50K. Individual prices vary with size, condition, and neighbourhood.

What is the average price of land for sale in Terrace Bay?

The average asking price is $22,778, while the median is $15,000. When the average is higher, it indicates a cluster of premium parcel of land listings pulling the mean upward. The median is usually the better benchmark for a typical buyer.

How often are land listings in Terrace Bay updated?

Listings are refreshed every day from live MLS® feeds, so counts and prices on this page reflect what is currently on the market in Terrace Bay. New listings are added and sold properties are removed within 24 hours.

What is the estimated mortgage payment for land in Terrace Bay?

Based on the median price of $15,000, a 20% down payment of $3K leaves a principal of about $12K. At a 5% rate over 25 years, that works out to roughly $70/month before property tax and condo fees. Use our mortgage calculator for a personalised estimate.

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How do I find the right parcel of land for sale in Terrace Bay?

Use the AI chat on PropertySearchGPT to describe what you need in plain English — budget, bedrooms, neighbourhood — and get an instant shortlist. You can also filter by price, property type, and distance on the interactive map. Every listing links to full details, photos, and recent comparable sales.

Can I get notified when a new parcel of land is listed for sale in Terrace Bay?

Yes — create a free account and set a saved search for land for sale in Terrace Bay. PropertySearchGPT will send you an alert as soon as a matching parcel of land hits the MLS®, so you never miss a new listing.

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