



This 3-bedroom, 2-bathroom single family in Terrace Bay offers 1,260 sqft of living area. Built in 1980, 1 storey. The property has lot dimensions of 60.4 FT. The home features hardwood flooring, baseboard heaters, electric, pellet, wood stove heating, a finished, full basement, a fireplace.
Rare income-generating opportunity in Terrace Bay. This 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* (id:60351)
Fridge x2, Stove x2, Dishwasher, Washer x2, Dryer x2, Window coverings /blinds, Light fixtures, Furnace, Hot water tank.
| Date | Event | MLS# | Price | Change |
|---|---|---|---|---|
| Mar 23, 2026 | Listed For Sale | X12908042 | $229,000 | — |
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Terrace Bay, Ontario, P0T2W0
Listed by JAMES TASCA, ICI SOURCE REAL ASSET SERVICES INC.
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Listing represented by JAMES TASCA, ICI SOURCE REAL ASSET SERVICES INC. · MLS# X12908042
For illustration purposes only. Consult a mortgage professional for accurate rates.
Disclaimer: The mortgage estimates and monthly cost calculations shown above are for illustrative purposes only and should not be relied upon as financial advice. Actual mortgage rates, terms, and eligibility depend on your personal financial situation, credit history, and current market conditions. Please consult a licensed mortgage broker, financial advisor, or your bank to determine your actual affordability and mortgage costs before making any purchasing decisions.
Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.