Real Estate for Sale in TB-92, Terrace Bay, ON

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Neighbourhood in Terrace Bay

TB-92

family-friendly quiet community-oriented

Terrace Bay is a small, quiet community in Ontario. It has a mix of families and seniors, making it a friendly place to live.

Median home price is $147,400 Population of about 945 70.8% of homes are owned Average household size is 2.1 Good schools with a score of 3.2

At a glance

Photo of 6 Kenogami Road
For SaleNo Rear Neighbours
Listed for:

Listed 9 days ago

$139,900

6 Kenogami Road

Terrace Bay (TB-92), ON P0T 2W0

3Bedrooms
2Bathrooms
1Garage
700-1.1KSq Ft

DetachedFor Sale

Photo of 2 Cavanaugh Crescent S
For Sale
Listed for:

Listed Sep 16, 2026

$209,900

2 Cavanaugh Crescent S

Terrace Bay (TB-92), ON P0T 2W0

3Bedrooms
3Bathrooms
1Garage
1.1K-1.5KSq Ft

DetachedFor Sale

Photo of 72 Hudson Drive S
For Sale
Listed for:

Listed Sep 8, 2026

$189,900

72 Hudson Drive S

Terrace Bay (TB-92), ON P0T 2W0

3Bedrooms
1Bathroom
1Garage
700-1.1KSq Ft

DetachedFor Sale

Photo of 37 Southridge Crescent N
For SalePrice Reduced
Listed for:

Listed Sep 4, 2026

$218,000

37 Southridge Crescent N

Terrace Bay (TB-92), ON P0T 2W0

2Bedrooms
2Bathrooms
1Garage
1.1K-1.5KSq Ft

DetachedFor Sale

Photo of 19 Birch Crescent
For Sale
Listed for:

Listed Aug 31, 2026

$15,000

19 Birch Crescent

Terrace Bay (TB-92), ON P0T 2W0

—Bedrooms
0Bathrooms
0Garage
—Sq Ft

Vacant LandFor Sale

Photo of 17 Birch Crescent
For Sale
Listed for:

Listed Aug 31, 2026

$15,000

17 Birch Crescent

Terrace Bay (TB-92), ON P0T 2W0

0Bedrooms
0Bathrooms
0Garage
—Sq Ft

Vacant LandFor Sale

Day to dayLivability

3.2

Schools near listings

out of 10 · averaged over 22 past and present listings

Fraser Institute ratings within 2 km of each listing, closer schools weighted more

Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.

What it costsAffordability

Median asking price

$147,400

On par with Terrace Bay 79% below Ontario

In TB-92

$147,400

In Terrace Bay

$147,400

In Ontario

$715,000

Median monthly rent

In Ontario

$2,500

On the marketMarket snapshot

For sale

22

Median $147,400

Houses 22

For rent

0

Recently sold

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Recently leased

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Market data as of 2026-10-16. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.

The honest readPros & cons

What people love

  • Affordable housing compared to Ontario averages
  • Strong community feel with low population density
  • High home ownership rate
  • Good access to local schools

Keep in mind

  • Limited rental options available
  • Commute mostly by car, no public transit

The feel of the placeLifestyle

Daily life in Terrace Bay is relaxed and community-focused. Residents enjoy a slower pace among nature.

Great for first-time buyers families retirees

The areaWhat's nearby

Not enough verified data yet. We count schools, parks, transit and shops inside TB-92's real boundary and publish the numbers only once that count is confirmed — an estimate here would be worse than nothing.

The peopleWho lives here

945

Population (2021)

6.5 km²

Area

147

People per km²

46.6

Median age

$83,127

Median income

71%

Own their home

2.1

People per household

445

Households

Every age

  • Children (under 15)16.0%
  • Working age (15–64)60.6%
  • Seniors (65+)23.4%

What is built here

  • Detached houses80.2%
  • Townhouses3.5%
  • Low-rise apartments15.1%

Own or rent

71%Owners

29%Renters

Across 445 households

When it was built

Mostly 1961–1980

  • 1960 or earlier34%
  • 1961–198037%
  • 1981–199026%
  • 1991–20000%
  • 2001–20050%
  • 2006–20100%
  • 2011–20150%
  • 2016–20210%

Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.

14.2%
Born outside Canada
15.6%
Hold a degree or higher
46.1%
Employment rate
0%
Commute by transit
94.2%
Commute by car
1.8
Children per family
$72,611
Median income after tax
$85,354
Average household income
7%
Living on a low income
$725/mo
Renters pay, per month
$772/mo
Owners pay, per month
$106,772
Median home value at census
0%
Renters spending 30%+ of income on housing
12.8%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 2 census areas around the listings we hold here. Medians and rates are a population-weighted average of dissemination-area figures.

Sources: HOMEH listings, Statistics Canada, Census of Population 2021