Homula Realty Brokerage
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

22 Terrace Drive, Bells Corners and South to Fallowfield, ON K2H 9N2

3 beds · 3 baths · 1 kitchen · 7+1 rooms · 3 parking spaces · 1500-2000 sq ft · Laundry on the lower level level · Att/Row/Townhouse
$649,900
Property tax
$4,246 / year

Size matters-and this end-unit townhome delivers. Welcome to a remarkably spacious (1800+sqft) 3-bedroom, 2.5-bath home tucked into a quiet enclave in Bells Corners. Built in 1988, its striking architectural detail creates instant curb appeal and hints at the character found throughout. With a layout that truly lives like a single, this home offers exceptional square footage, thoughtful design, and room to grow.The main floor features a generous living room, a bright dining area off the kitchen-ideal for everyday living and entertaining, a rare main-floor family room and a convenient 2-piece powder room for standout functionality. A distinctive wall of windows in the living room floods the space with natural light and creates a beautiful focal point. The family room overlooks the backyard and showcases dramatic vaulted ceilings, pot lighting, and a cozy gas fireplace.The kitchen includes a gas stove, granite counters, breakfast bar, pot drawers, and stainless appliances. Find hardwood and tile flooring throughout. Upstairs, the expansive principal bedroom features a lux 5-piece ensuite with soaker tub and fireplace feature, separate shower, and double sinks. Two 2ndary bedrooms and a full bath offer space for family or guests.The lower level adds more versatility with a den a recreation room featuring oversized windows, storage,bathroom rough-in for future customization.Outdoors,find a side deck off the family room and 2 interlock patios for relaxing or entertaining. Gas BBQ included.Updates include select window replacements and exterior cladding on wood windows. Roof: approx. 3 years (front) and 7-8 years (back). Inside entry to the garage adds everyday convenience.A beautifully designed and generously sized home with standout curb appeal-perfect for families seeking space, comfort, and a welcoming community. Walking distance to the Trans Canada Trail system for biking and walking, plus the shopping, restaurants, and amenities of Bells Corners

MLS number
X13239382
Type
Att/Row/Townhouse
Status
Active
Bedrooms
3
Bathrooms
3
Postal code
K2H 9N2
Photos
46
Laundry
Lower Level level
102days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

Where this address sits, matched against open government data.

Matched to a published address point for this address.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
École intermédiaire catholique Franco-Ouest
CSDC du Centre-Est de l'Ontario
Elementary863 mNot reported
École secondaire catholique Franco-Ouest
CSDC du Centre-Est de l'Ontario
Secondary863 m7.8 / 10
78% met the standard · 2 of 6 measures
Tarbiyah LearningElementary1.2 kmNot reported
Our Lady of Peace Elementary School
Ottawa CSB
Elementary1.4 km5.6 / 10
56% met the standard
Bells Corners Public School
Ottawa-Carleton DSB
Elementary1.6 km5.0 / 10
50% met the standard
W.O. Mitchell Elementary School
Ottawa-Carleton DSB
Elementary2.2 km8.0 / 10
80% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 702 people.

$83,000Median household income
87.7%Own their home
38.6%Detached houses
50.4Median age
26.4%Born outside Canada
31.8%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35060620 — the few blocks around this address, home to 702 people. It describes the area, not this property.

702Population
49.4Average age
2.1Household size
$98,000Average household income
$83,000Median household income
88%Own their home
12%Rent
44%Condominiums
26%Born outside Canada
32%University degree
$440,000Average home value
5%Low income
51%Not in the labour force
28%Never married
$20,000 to $24,9991%
$30,000 to $34,9991%
$35,000 to $39,9994%
$40,000 to $44,9993%
$45,000 to $49,9994%
$50,000 to $59,9996%
$60,000 to $69,9996%
$70,000 to $79,9996%
$80,000 to $89,9996%
$90,000 to $99,9994%
$100,000 and over29%
$100,000 to $124,99913%
$125,000 to $149,9995%
$150,000 to $199,9996%
$200,000 and over4%

Percentages are of the 385 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$129,980 · minimum here is $39,990
$2,877.62per month
Borrowed before insurance$519,920
Total borrowed$519,920
Interest over 25 years at 4.5%$343,365

If you rented it out

-$3,231.45per month out of pocket
Rent$0.00
Everything it costs to hold$3,231.45
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by RE/MAX HALLMARK REALTY GROUP. Listing data provided by the Toronto Regional Real Estate Board.