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

Rental cashflow calculator

Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.

Estimated monthly rent

Enter the monthly rent you expect, or adjust our estimate.

Down payment (%)

Rate (%)

Amortization (yrs)

Property tax (/ yr)

Condo fee (/ mo)

Insurance (est. / mo)

Maint. + vacancy (est. / mo)

Enter an estimated monthly rent to see the cashflow.

Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.

$219,900

Elliot Lake

Book a showing

$219,900

For sale

Book a showing

Address not available, Elliot Lake - Single Family for Sale

Elliot Lake, Ontario, P5A1N5

2 beds2 baths1,150 ft²$400/mo condo feeListed 119 days ago

Overview

This 2-bedroom, 2-bathroom condo in Elliot Lake is for sale offering roughly 1,150 sq ft of space.

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

Description

A joy to show & proud to own. This impeccably clean & well maintained 2 bedroom condo townhouse offers a carefree lifestyle and is in move-in condition. The main floor offers a galley kitchen, laundry room, 2 pc bath, living room, dining room and storage room. The main floor flooring was updated last month to top-of-the-line laminate, was freshly painted this year & boasts a gas fireplace that heats the home. Patio doors from the living room lead to a deck, a large new shed (2026) & a beautiful tiered garden with flowers & some veggies. Each floor has an electric heat pump for both heating and air conditioning (2026). Upstairs are two bedrooms & an updated 4 pc. bath. All windows changed in 2016 to triple-pane, double low-argon. Condo fees are $450 per month & include snow removal & grass cutting. Close to downtown & across the street from a bus stop. (id:66096)

Property Details

MLS®: SM261779
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Half Baths: 1
Interior Size: 1,150 ft²
Year Built: 1979
Basement: None
Heating: Natural gas
Cooling: Air Conditioned
Garage: No Garage
Condo Fee: $400/mo
Fee Includes: Common Area Maintenance, Parking
Property Tax: $1,843.85/yr
Listed: 119 days ago

Rooms

Main level

Kitchen: 8' X 7'5''
Dining room: 9' X 8'6''
Living room: 14' X 8'6''
Laundry room: 8' X 5'6''
Bathroom: 2pc.

Second level

Primary Bedroom: 12'6'' X 11'4''
Bedroom: 12'4'' X 9'5''
Bathroom: 4pc.

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Stove, Dryer, Blinds
Exterior: Vinyl
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

119d

Elliot Lake listings, avg age

66d

Price / ft²

$191

List price

$220K

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 2-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?

Set a price alert Book a showing

Listed by Royal LePage® Mid North Realty Elliot Lake · Bob Cheff

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P5A)

This home lists at $219,900, about 4.4× the local median household income of $50,000.

Carrying it typically needs a household income of about $42,954 (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)

$219,900· $191/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Full Cost Breakdown

Loading rates, 30-yr amortization

Current Rates

Loading…

Compare all rates

Down Payment5% · $10,995

Min 5%50%

Mortgage payment$1,158/mo

↳ CMHC premium ($8,356 capitalized)

Property tax (est.)$154/mo

Condo fee$400/mo

Total monthly$1,712

Cash Needed to Close

Down payment (5%)$10,995

Land transfer tax$1,924

Est. closing costs$3,160

Total cash needed$16,079

Get Pre-Approved · Free & Fast

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