Terrace Bay · Detached
Last updated by the listing brokerage Oct 28, 2026
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| Tax year | Annual property tax | Change | Source |
|---|---|---|---|
| 2026 | $1,717 | — | MLS® listing |
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Sign in to view historyAffordable Living on the Beautiful North Shore of Lake Superior! Discover the peaceful lifestyle of Terrace Bay with this move-in-ready 3-bedroom, 1.5-storey home situated on a quiet residential crescent. Backing onto undeveloped property, this home offers a wonderful sense of privacy and tranquility, with no immediate rear neighbours and a great setting for families, retirees or anyone looking to escape the hustle and bustle of city living. Enjoy the convenience of being within walking distance of the school, swimming pool and local shopping. Nestled along the shores of magnificent Lake Superior and surrounded by the rugged beauty of the Canadian Shield, Terrace Bay is a nature lover's paradise, offering breathtaking scenery, spectacular hiking trails, fishing, kayaking, boating and endless outdoor adventures. Spend your days exploring beautiful Terrace Bay Beach, Aguasabon Falls and the scenic Lake Superior shoreline, where incredible views are around every corner. Located approximately two hours east of Thunder Bay along the Trans-Canada Highway, Terrace Bay offers the charm of small-town living while keeping city amenities within reach. An affordable opportunity to enjoy a quieter pace of life in one of Northern Ontario's most scenic communities!
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Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
About how much cash you’ll need on closing day, besides the mortgage.
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Terrace Bay has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
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