For sale

8 days ago

$94K

Elliot Lake, Ontario, P5A1E1

1 bd1 ba+$339/mo

Listed by Re/Max Sault Ste. Marie Realty Inc.

For sale

13 days ago

$130K

Elliot Lake, Ontario, P5A2S5

3 bd2 ba+$283/mo

Listed by Oak Realty Ltd.

For sale

21 days ago

$95K

Elliot Lake, Ontario, P5A1E1

1 bd1 ba700 ft²+$339/mo

Listed by Royal LePage® Mid North Realty Elliot Lake

For sale

83 days ago

$149K

Elliot Lake, Ontario, P5A1A6

2 bd1 ba+$425/mo

Listed by Oak Realty Ltd.

Investment analysis

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$249,900

Elliot Lake

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$249,900

For sale

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Address not available, Elliot Lake - Single Family for Sale

Elliot Lake, Ontario, P5A2S5

3 beds2 baths1,113 ft²$283/mo condo feeListed 141 days ago

Overview

This 3-bedroom, 2-bathroom condo in Elliot Lake is for sale offering roughly 1,113 sq ft of space.

Condos for Sale in Elliot Lake →All real estate in Elliot Lake →

Description

Experience the perfect blend of serenity and adventure in this stunning end-unit condo townhouse, ideally situated with a private backyard that backs directly onto lush forest and provides seamless access to endless miles of hiking, ATV, and snowmobile trails leading to countless lakes. Inside, the main floor delights with a bright, open-concept living and dining area highlighted by massive windows, while the second level—conveniently accessible via an electric chairlift—houses three spacious bedrooms and a full 4-piece bath. The walk-out basement adds incredible value with a generous rec room, a versatile bonus room, and a convenient 2-piece bathroom, all flowing out onto a large deck where you can immerse yourself in the tranquil woodland views. (id:66096)

Property Details

MLS®: SM261472
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
Interior Size: 1,113 ft²
Year Built: 1979
Storeys: 2
Style: 2 Level
Basement: Partially finished, Full
Heating: Boiler, Electric
Cooling: Air Conditioned
Garage: No Garage
Condo Fee: $283/mo
Property Tax: $2,057.63/yr
Listed: 141 days ago

Rooms

Main level

Dining room: 14'8" x 6'2"
Kitchen: 14'8" x 9'1"
Living room: 18' x 12'2"

Second level

Bathroom: 8' x 5'
Bedroom: 9'11" x 10'10"
Bedroom: 8'5" x 10'4"
Primary Bedroom: 9'6" x 14'2"

Basement

Bathroom: 6'6" x 5'10"
Laundry room: 11'3" x 5'9"
Office

Features

Appliances: Washer, Refrigerator, Stove, Dryer
Exterior: Brick
Lot Features: Paved driveway

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Natural Gas, Electricity, Cable, Telephone

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

141d

Elliot Lake listings, avg age

66d

Price / ft²

$225

List price

$250K

Homes here sell below asking price

Homes in this market sold for an average of 92.8 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 3-bed single family in Elliot Lake is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by Royal LePage® Mid North Realty Elliot Lake · Michelle Cayen

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P5A)

This home lists at $249,900, about 5.0× the local median household income of $50,000.

Carrying it typically needs a household income of about $48,814 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $50,000
Population: 11,372
Median age: 60.4
Owner / renter: 61% / 39%
Avg. household size: 1.9

Source: Statistics Canada, 2021 Census (FSA P5A)

$249,900· $225/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $12,495

Min 5%50%

Mortgage payment$1,316/mo

↳ CMHC premium ($9,496 capitalized)

Property tax (est.)$171/mo

Condo fee$283/mo

Total monthly$1,771

Cash Needed to Close

Down payment (5%)$12,495

Land transfer tax$2,224

Est. closing costs$3,250

Total cash needed$17,969

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice