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*
112 days
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Zillow last checked:
Listing updated:
Listed by:
ICI SOURCE REAL ASSET SERVICES INC.
Source: TRREB,MLS®#: X12908042Originating MLS®#: Toronto Regional Real Estate Board
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 2
Primary bedroom
Level: Main
Dimensions: 3.58 x 4.06
Bedroom
Level: Basement
Dimensions: 3.48 x 3.23
Bedroom 2
Level: Main
Dimensions: 3.84 x 2.92
Bathroom
Level: Main
Dimensions: 2.79 x 1.78
Bathroom
Level: Basement
Dimensions: 2.21 x 1.52
Kitchen
Level: Main
Dimensions: 3.89 x 3.78
Kitchen
Level: Basement
Dimensions: 3.78 x 2.79
Living room
Level: Main
Dimensions: 3.58 x 5.82
Living room
Level: Basement
Dimensions: 3.78 x 5.36
Heating
Forced Air, Oil
Cooling
None
Features
In-Law Suite
Basement: Apartment
Has fireplace: No
Interior area
Living area range: 700-1100 null
Property
Parking
Total spaces: 4
Parking features: Private Double
Features
Pool features: None
Waterfront features: None
Details
Parcel number: 624570232
Construction
Type & style
Home type: SingleFamily
Architectural style: Bungalow-Raised
Property subtype: Single Family Residence
Materials
Brick Front
Foundation: Concrete
Roof: Metal
Utilities & green energy
Sewer: Sewer
Community & HOA
Location
Region: Terrace Bay
Financial & listing details
Annual tax amount: C$2,491
Date on market: 3/23/2026
ICI SOURCE REAL ASSET SERVICES INC.
ICI SOURCE REAL ASSET SERVICES INC.
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