94 LAKEVIEW Drive, Terrace Bay, ON

$245,000
MLS#:X13575926
3 beds
2 baths
Residential Freehold
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Added:Jul 17, 2026(43 days ago)
Updated:Jul 17, 2026(43 days ago)
Last Checked:13 minutes ago

Property Highlights

Welcome to this remarkable Sidesplit 5 detached located in the coveted neighborhood of Terrace Bay. Expertly crafted featuring premium other construction, this residence presents an exceptional opportunity offered at $245,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 2 Bathrooms
  • Spacious lot size measured in Feet
  • Features a partial basement, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • Convenient attached garage included
  • Notable attributes: Other
  • equipped with other central cooling and highly efficient other heating via electric

Description

Welcome to one of the most breathtaking vantage points in Terrace Bay. Nestled on a peaceful, quiet street, this exceptional 3-bedroom home sits high above the Aguasabon Golf Course, offering unmatched, unobstructed views of the majestic Lake Superior. Designed for comfortable family living and effortless entertaining, this home features an attached garage for convenient, weather-protected parking and extra storage. The lower-level family room boasts a direct walkout to a private, fully fenced backyard—creating a seamless indoor-outdoor flow that is perfect for summer barbecues, children, and pets. Don't miss out on this rare gem!

Work with the SOUSA TEAM to unlock your . If we are unable to negotiate your purchase price below asking, we'll rebate you up to $10,000!*

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Property Summary

This detached home located at 94 LAKEVIEW Drive, Terrace Bay is currently for sale and has been available on SousaSells for 43 days. This property is listed at $245,000 with an estimated mortgage of $816* per month. It has 3 beds, 2 bathrooms, and is unknown square feet. 94 LAKEVIEW Drive, Terrace Bay

Work with the SOUSA TEAM to unlock your .

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 3 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Terrace Bay.

Highly Recommended for Families
What We Love About This Home
  • •3 spacious bedroom layout offering versatile living space
  • •2 well-appointed bathrooms
  • •Desirable Detached architecture in Terrace Bay
Standout Features & Layout
Who Should Buy This Home?

Families, couples, or downsizers looking for a well-proportioned home in Terrace Bay.

Target Buyer Match

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusActive
AddedJul 17, 2026 (43 days ago)
UpdatedJul 17, 2026 (43 days ago)
Last Checked13 minutes ago
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleSidesplit 5
ConstructionOther
BasementPartial Basement, Unfinished
CountyThunder Bay
Annual Tax$2,626.21
Legal DescriptionPLAN M226 LOT 581 PCL 17916 TBF

Parking & Garage

Parking Space2
Garage TypeAttached

Heating & Cooling

Heat SourceElectric
Heat TypeOther
CoolingOther

Features

Property Features

None listed

Interior Features

  • Other

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 94 LAKEVIEW Drive, Terrace Bay, ON

Q.What is the asking price for 94 LAKEVIEW Drive, Terrace Bay, ON ?

The current listing price for 94 LAKEVIEW Drive, Terrace Bay, ON in Terrace Bay is $245,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 3 bedrooms and 2 bathrooms.

Q.What property type and architectural style is 94 LAKEVIEW Drive, Terrace Bay, ON ?

94 LAKEVIEW Drive, Terrace Bay, ON is a Detached (Sidesplit 5) featuring a Partial Basement, Unfinished basement.

Q.What interior features are included in this home?

Interior highlights include: Other.

Q.What heating and cooling systems are installed?

Heating is provided via Electric and cooling via Other.

Virtual Tour & 3D Walkthrough

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Location

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94 LAKEVIEW Drive, Terrace Bay, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Terrace Bay, Terrace Bay

SAFETY RATING9.4 / 10
Low Incident Area
Total Annual Incidents35 incidents / yr
Average Per Month2.9 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

8 assaults (30.0/100k)

Property Security
Very Low

8 B&E (30.0/100k)

Auto Theft Risk
Low Risk

10 thefts (35.0/100k)

1-Year Trend
â–Ľ 6%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Official Police Services ArcGIS Open Data
Halton & GTHA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 94 LAKEVIEW Drive, Terrace Bay, ON P0T 2W0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Terrace Bay.

Configure Loan Settings

Interest Rate4.00%
Down Payment$73,500 (30.0%)
* Minimum Canadian down payment required for this price is $12,250.
Amortization Period30 Years
Estimated Monthly Payment$816Based on a loan of $171,500 over 30 years.
Purchase Price$245,000
Loan Amount$171,500
Provincial Land Transfer Tax:$2,175
Total Estimated Closing Taxes:$2,175

About Purchasing a Home in Terrace Bay, ON

For a property listed at $245,000 in Terrace Bay, the legal minimum down payment is $12,250 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $2,175 for this transaction. As this listing is in Terrace Bay (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $2,175.

Terrace Bay Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Terrace Bay.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$161,004

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Best Schools in Terrace Bay

Elementary Schools

No elementary schools data loaded.

Secondary Schools

No secondary schools data loaded.

Terrace Bay Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

Need more details or a custom CMA?

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.

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