Elliot Lake, Ontario, P5A1X2
This lot in Elliot Lake is for sale.
A rare opportunity to own a beautiful 15-Lot treed parcel of vacant land with scenic water views, all within the City of Elliot Lake. Offering privacy, natural beauty, and exceptional potential, this unique property includes a completed survey and a historic 15-lot subdivision concept, providing long-term possibilities for the right purchaser. The property is currently unserviced and is being sold AS IS, WHERE IS, with no representations or warranties regarding zoning, servicing availability, enironmental conditions, or the suitability of the property for future development/. Buyers are encouraged to complete their own due diligence with respect to all aspects of the property and any intended use. Whether you're looking to invest, hold for the future, or explore development opportunities, this is a rare chance to acquire a substantial parcel in a desirable location with beautiful natural surroundings. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 127 days on market, against an average age of 66 days across the listings currently for sale in this city
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.
This vacant land in Elliot Lake is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $347,700, about 7.0× the local median household income of $50,000.
Carrying it typically needs a household income of about $67,918 (20% down, 25-yr amortization, stress-tested) — roughly 36% above the area median.
Source: Statistics Canada, 2021 Census (FSA P5A)
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