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Tony & Ledi Real Estate Team

info@tonyledi.com +1(647) 493-3579

Est. payment | -/mo

3 Beds

2 Baths

Save

Est. payment | -/mo

Save

3 Beds

2 Baths

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 700-1100

MLS Listing ID X12908042

Style Bungalow-Raised

Bedrooms 3

Annual Tax Amount $2,491

Tax Year 2025

Property Sub-Type Detached

Property Description

Rare income-generating opportunity in Terrace Bay. This 1,053 SF 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*

Location

Province ON

County Thunder Bay

Area Thunder Bay

Rooms

Family Room No

Basement Apartment

Kitchen 2

Separate Den/Office 1

Interior

Interior Features In-Law Suite

Cooling None

Inclusions Fridge x2, Stove x2, Dishwasher, Washer x2, Dryer x2, Window coverings /blinds, Light fixtures, Furnace, Hot water tank.

Exterior

Parking Features Private Double

Pool None

Roof Type Metal

Lot Frontage 60.39

Total Parking Spaces 4

Building

Foundation Concrete

Others

Senior Community No

ParcelsYN Yes

Listed by ICI SOURCE REAL ASSET SERVICES INC.

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6 Macdonald AVE Terrace Bay, ON P0T 2W0