$194,900
Est. payment $863/moCalculate yours
16 Terrace Heights Drive, Terrace Bay, ON P0T 2W0
TB-92, Terrace Bay, ON P0T 2W0
- 3 Beds
- 2 Baths
Listing courtesy of CENTURY 21 SUPERIOR REALTY INC. MLS® X13663364
About this home
Located in the beautiful community of Terrace Bay just moments from the breathtaking shores of Lake Superior, this super spacious 3-bedroom, 1.5-bath family home offers the perfect blend of comfort, style, and privacy. Designed with family living in mind, the home features a huge open-concept layout highlighted by a bright white kitchen with loads of cabinetry, a large island with breakfast bar, and a cozy corner pellet stove that adds warmth and charm to the heart of the home. The separate formal dining area is perfect for hosting family dinners, while the expansive living room with in-floor heating provides a comfortable and inviting space to relax year-round. The home offers generously sized bedrooms, a full 4-piece bathroom, and a convenient 1-piece bath down. The lower level boasts a large rec room complete with its own pellet stove, creating the ideal space for entertaining, movie nights, or a family games area. Step outside to enjoy the private fully fenced backyard with a peaceful forest backdrop, complete with a patio area and large shed for added storage. Situated on a spacious lot with a huge driveway offering plenty of parking, this property is an exceptional opportunity for growing families looking for space and convenience in one of Northwestern Ontario’s most scenic communities. Call now to book your viewing! Visit www.century21superior.com for more info & pics.
Property details
Overview
- Property Type
- Detached
- Style
- Sidesplit 5
- For
- For Sale
- Status
- New
Interior
- Bedrooms
- 3
- Bathrooms
- 2
- Kitchens
- 1
- Total Rooms
- 6
- Basement
- Full, Partially Finished
Building & Systems
- Heating
- Radiant (Other)
- Cooling
- Other
- Exterior
- Unknown, Brick
- Foundation
- Other
- Roof
- Other
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- < .50 acres
- Parking
- None garage
Financial
- Property Taxes
- $2,500 (2025)
Location
- Neighbourhood
- TB-92
- Cross Street
- South off Hwy 11-17 onto Terrace Heights Drive - keep left first corner - house on left a couple blocks down
- Direction Faces
- North
Listing
- MLS® Number
- X13663364
- Days on Market
- 69
- Listed On
- 2026-08-10
- Listed By
- CENTURY 21 SUPERIOR REALTY INC.
Rooms
Features
Interior
- Storage
- Built-In Oven
- Other
Property
- Fenced Yard
Pool
- None
- Included
- Fridge, stove, washer/dryer, all built-ins - outdoor portable sauna negotiable
- Excluded
- None
- Rental items
- None
Mortgage calculator
Estimated mortgage payment
$863 per month
- Principal and interest
- $863
- Property tax
- $208
- Condo fees
- $0
- Estimated monthly cost
- $1,071
Your mortgage
- Mortgage amount
- $155,920
- Mortgage insurance
- Not needed
- Interest over 25 years
- $102,973
Cash to close
- Down payment
- $38,980
- Land transfer tax
- $1,674
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $40,654
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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