21 East Grove Cres is a 2-bedroom, 1-bathroom detached home in Terrace Bay, listed for $159,900. It has 700-1100 sq ft of living space.
1Spacious Family Living on a Quiet Crescent in Terrace Bay!
2This nicely sized home offers a welcoming open-concept living room, dining room and kitchen, perfect for everyday family living and entertaining.
3Situated on an extra-large corner lot, there's plenty of outdoor space for children to play, gardening or simply enjoying the fresh Northern Ontario air.
Spacious Family Living on a Quiet Crescent in Terrace Bay! Looking for a home with room for the whole family in a peaceful residential neighbourhood? This nicely sized home offers a welcoming open-concept living room, dining room and kitchen, perfect for everyday family living and entertaining. Featuring a super-sized primary bedroom, a 4-piece bathroom and a rec room area offering additional space for family activities, movie nights or relaxing. Situated on an extra-large corner lot, there's plenty of outdoor space for children to play, gardening or simply enjoying the fresh Northern Ontario air. The driveway extends to a garage pad already in place, giving you a head start on adding your own garage! Located close to beautiful Terrace Bay Beach on the shores of Lake Superior, where you can enjoy swimming, kayaking, boating, beach walks and spectacular sunsets. Terrace Bay is a wonderful small-town community surrounded by natural beauty, offering outdoor adventures right at your doorstep, including Aguasabon Falls, scenic hiking trails, golfing and winter recreation. Enjoy the quieter pace of small-town living, with local shopping and amenities nearby. A great place to raise a family and enjoy everything the North Shore has to offer!
2 bedrooms, 1 bathroom, about 700 sq ft, works out to roughly $228 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 21 East Grove Cres
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
700-1100 sq ftas stated on the listing
Parking
4 spaces
Basement
Partial Basement, Partially Finished
Features & systems
Parking & garage
Parking spaces
4
Interior
Basement
Partial Basement · Partially Finished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Detached
21 East Grove Cres Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14123364$159,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 21 East Grove Cres Compares to the Terrace Bay Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$786
/mo
based on the purchase price of $159,900
$31,980 cash
$127,920 financed
$107,742 total interest
Principal54%$127,920
Interest46%$107,742
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Terrace Bay
Other 3-bed homes for sale in Terrace Bay around $160K.
Average days on market50Homes sold in about 50 days on average.
Sale-to-list ratio89.2%On average, homes sold below asking.
Active listings29Homes for sale here right now.
Median vs prior 90 days−44.6%Compared with May 1 – Jul 30, 2026: prices down.
Based on 14 sales from Jul 30 – Oct 28, 2026 (5 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 21 East Grove Cres
How much is 21 East Grove Cres listed for?
21 East Grove Cres is listed at $159,900 (MLS® X14123364). Summitly updates the price as soon as the MLS® record changes.
Is $159,900 a good price for 21 East Grove Cres?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Terrace Bay. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 21 East Grove Cres changed?
No — 21 East Grove Cres is still listed at its original asking price of $159,900.
How many bedrooms and bathrooms does 21 East Grove Cres have?
21 East Grove Cres has 2 bedrooms and 1 bathroom, with about 700–1,100 square feet of living space. It is a detached home in Terrace Bay.
How much would the monthly mortgage be on 21 East Grove Cres?
About $786 a month — principal and interest on $159,900 with 20% down ($31,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 21 East Grove Cres compare with other homes in Terrace Bay?
Its asking price of $159,900 is about 17% above the median sold price in Terrace Bay over the last 90 days, $136,200, across 14 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 21 East Grove Cres been sold before?
Summitly has no earlier MLS® sale or lease of 21 East Grove Cres on record from the last two years. Older records aren't shown under TRREB rules.
Where is 21 East Grove Cres?
21 East Grove Cres is in Terrace Bay, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 21 East Grove Cres been on the market?
21 East Grove Cres was listed today (October 28, 2026).
What is the price per square foot of 21 East Grove Cres?
About $145 to $228 per square foot: the asking price of $159,900 over the 700–1,100 sq ft the listing gives as its size range.
Does 21 East Grove Cres have parking or a garage?
Yes — the listing gives 4 parking spaces.
Does 21 East Grove Cres have a basement, and is it finished?
The listing describes the basement as: Partial Basement, Partially Finished.
