Discover this three-bedroom, two-bathroom side split in picturesque Terrace Bay, nestled along the north shore of Lake Superior.The home offers three nice sized bedrooms, two full four-piece bathrooms, and a family room with space to relax and unwind. A cold room provides additional storage, while a propane furnace keeps you comfortable, with baseboard heaters available for backup.Outside, exiting from the French Doors in the dining room, to a large deck, enjoy a large, fenced yard backing onto natural green space, along with a 14' x 8' shed for tools and outdoor equipment. No rear neighbours, makes this back yard retreat even more enjoyable. This home also has a oversized single car garage, with main an entrance to the house, for those inclement weather days. Bring your imagination and personal touches to this home, and finish it to your liking.Ready to make your move? Book your showing and explore the possibilities this home has to offer before winter sets in.
3 bedrooms, 2 bathrooms, about 700 sq ft, works out to roughly $213 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 38 East Grove Cres E
Every detail from the listing, in one place.
Type
Detached
Style
Sidesplit 4
Living space
700-1100 sq ftas stated on the listing
Parking
3 spacesYes garage
Basement
Partially Finished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
3
Interior
Basement
Partially Finished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Sidesplit 4
Property class
Detached
38 East Grove Cres E Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14156394$149,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 38 East Grove Cres E 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
$732
/mo
based on the purchase price of $149,000
$29,800 cash
$119,200 financed
$100,398 total interest
Principal54%$119,200
Interest46%$100,398
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 2–3 bed homes for sale in Terrace Bay around $149K.
Average days on market67Homes sold in about 67 days on average.
Sale-to-list ratio87.5%On average, homes sold below asking.
Active listings28Homes for sale here right now.
Median vs prior 90 days−54.4%Compared with May 10 – Aug 8, 2026: prices down.
Based on 12 sales from Aug 8 – Nov 6, 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 38 East Grove Cres E
How much is 38 East Grove Cres E listed for?
38 East Grove Cres E is listed at $149,000 (MLS® X14156394). Summitly updates the price as soon as the MLS® record changes.
Is $149,000 a good price for 38 East Grove Cres E?
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 38 East Grove Cres E changed?
No — 38 East Grove Cres E is still listed at its original asking price of $149,000.
How many bedrooms and bathrooms does 38 East Grove Cres E have?
38 East Grove Cres E has 3 bedrooms and 2 bathrooms, 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 38 East Grove Cres E?
About $732 a month — principal and interest on $149,000 with 20% down ($29,800), 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 38 East Grove Cres E compare with other homes in Terrace Bay?
Its asking price of $149,000 is about 28% above the median sold price in Terrace Bay over the last 90 days, $116,250, across 12 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 38 East Grove Cres E been sold before?
Summitly has no earlier MLS® sale or lease of 38 East Grove Cres E on record from the last two years. Older records aren't shown under TRREB rules.
Where is 38 East Grove Cres E?
38 East Grove Cres E is in Terrace Bay, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 38 East Grove Cres E been on the market?
1 day — 38 East Grove Cres E was listed on November 5, 2026.
What is the price per square foot of 38 East Grove Cres E?
About $135 to $213 per square foot: the asking price of $149,000 over the 700–1,100 sq ft the listing gives as its size range.
Does 38 East Grove Cres E have parking or a garage?
Yes — the listing gives 3 parking spaces. Garage: Yes.
Does 38 East Grove Cres E have a basement, and is it finished?
The listing describes the basement as: Partially Finished.