Open House Saturday May 30 11:00am-12:30pm | Welcome to 162 Pearl Bay: a beautifully kept bi-level tucked away in a quiet Timberlea cul-de-sac, offering incredible value at under $530,000. With five bedrooms, three full bathrooms and a functional layout, this home was built for both entertaining and everyday living. From the moment you arrive, the curb appeal stands out with a double-exposed aggregate driveway, mature trees, and a fully fenced yard, creating a warm and welcoming first impression. Step inside to a bright, spacious foyer with direct access to the attached double garage. The main living area feels warm and inviting with rich hardwood flooring, large windows that flood the space with natural light, and an open-concept design that flows effortlessly into the kitchen and dining areas. The kitchen combines timeless style and functionality with quality maple cabinetry, newer dark stainless steel appliances, sleek black granite countertops, and a matching backsplash. The adjoining dining area easily accommodates a large family table while still leaving enough room to expand the kitchen cabinetry or add storage if desired. Outside, the spacious yard and upper and lower decks provide the perfect setup for summer evenings spent BBQing with the natural gas hookup, hosting friends, or simply relaxing outdoors. The main level is complete with a 4pc bathroom and three generously sized bedrooms, including a spacious primary retreat featuring a walk-in closet and private 3pc ensuite. Matching granite countertops and cabinetry carried throughout the bathrooms tie the home together with a polished and cohesive feel. Downstairs, the fully developed basement offers an impressive extension of the living space with 9-ft ceilings, in-floor heat, surround sound speakers, and a cozy gas fireplace that creates the perfect atmosphere year-round. Whether you need a rec room, games area, home gym, play space, or all of the above, this lower level offers endless flexibility. Two additional large bedrooms, another full bathroom, and a spacious utility/laundry room with updated washer and dryer (2022) complete the basement. Additional upgrades include central A/C (2021), hot water on demand and a new boiler system (2025), central vacuum, and an oversized heated garage. This is the kind of home that offers the space, upgrades, and location buyers are always hoping to find - all at an exceptional price point in a desirable neighbourhood in Timberlea. Schedule your private viewing today!
Data was last updated May 30, 2026 at 10:05 AM (UTC)
Area Statistics
Listings on market:
115
Avg list price:
$349,000
Min list price:
$28,000
Max list price:
$949,888
Avg days on market:
28
Min days on market:
1
Max days on market:
348
Avg price per sq.ft.:
$271.51
These statistics are generated based on the current listing's property type
and located in
Timberlea. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
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. Used under license.