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6 Macdonald Avenue

Terrace Bay, ON P0T 2W0

ActiveFor Sale
3 Beds
2 Baths
700 Sq Ft
Single Family Home

About This Property

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*

Property Details

StatusActive
Property TypeSingle Family Home
Listing TypeFor Sale
Interior Size700 sq ft
Bedrooms3
Bathrooms2
ListedMarch 23, 2026
Postal CodeP0T 2W0

Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® X12908042

Listed by ICI SOURCE REAL ASSET SERVICES INC.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$219,900

asking price

MLS®X12908042
TypeSingle Family Home
CityTerrace Bay
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$1,074

/month · $175,920 mortgage

Down Payment20% — $43,980
Interest Rate5.5%

Amortization

Total Interest

$146,220

Total Cost

$322,140

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

ICI SOURCE REAL ASSET SERVICES INC.