For saleJust listed

2 days ago

$175K

Elliot Lake, Ontario, P5A2L7

3 bd2 ba

Listed by Royal LePage® Mid North Realty Elliot Lake

For saleJust listed

2 days ago

$192K

Elliot Lake, Ontario, P5A2Z5

3 bd1 ba1,000 ft²

Listed by Oak Realty Ltd.

For saleJust listed

5 days ago

$350K

Elliot Lake, Ontario, P5A2E3

5 bd2 ba1,000 ft²

Listed by Oak Realty Ltd.

For sale

9 days ago

$205K

Elliot Lake, Ontario, P5A1H5

3 bd1 ba860 ft²

Listed by Oak Realty Ltd.

Investment analysis

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$227,500

Elliot Lake

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$227,500

For sale

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Address not available, Elliot Lake - Single Family for Sale

Elliot Lake, Ontario, P5A3A2

3 beds2 baths1,095 ft²Listed 98 days ago

Overview

This 3-bedroom, 2-bathroom home in Elliot Lake is for sale offering roughly 1,095 sq ft of space. Listed at $227,500, it is attractively priced about 11% below the $255,000 median asking price in Elliot Lake.

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Description

Discover the exceptional value of this move-in-ready, semi-detached townhouse, nestled in a sought-after, newer subdivision of Elliot Lake. Boasting a thoughtful layout, this 3-bedroom, 1.5-bath home showcases numerous modern upgrades, including sleek luxury vinyl flooring throughout the main level, new kitchen cabinetry, and an updated vanity in the upper bathroom as well as so much more. The main floor features a practical galley kitchen with a bright dinette that walks out to a side deck, complemented by three generously sized bedrooms as well as a full bathroom. The partially finished lower level offers even more potential, featuring a spacious rec room warmed by a gas stove, a convenient walk-out to a private backyard, laundry facilities, and a 2-piece bath. This property offers an inviting lifestyle—schedule your private showing today to experience all this home has to offer. (id:66096)

Property Details

MLS®: SM261992
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
Interior Size: 1,095 ft²
Year Built: 1982
Style: Bungalow
Basement: Partially finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Fireplace: Yes
Property Tax: $2,164.52/yr
Listed: 98 days ago

Rooms

Main level

Living room: 11' X 17'2''
Kitchen: 10'1'' X 13'4''
Dining room: 9' X9'7''
Dining nook: 10'1'' X 6'1''
Primary Bedroom: 10'1'' X 14'7''
Bedroom: 10'1'' X 7'11''
Bedroom: 8'1'' X 14'8''
Bathroom: 5' X 8'4''

Basement

Workshop: 7'11'' X 13'1''
Bathroom: 5'11'' X 8'9''

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
Foundation: Poured Concrete
Exterior: Brick, Siding
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

98d

Elliot Lake listings, avg age

66d

Price / ft²

$208

List price

$228K

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 $227,500, about 4.5× the local median household income of $50,000.

Carrying it typically needs a household income of about $44,439 (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)

$227,500· $208/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $11,375

Min 5%50%

Mortgage payment$1,198/mo

↳ CMHC premium ($8,645 capitalized)

Property tax (est.)$180/mo

Total monthly$1,379

Cash Needed to Close

Down payment (5%)$11,375

Land transfer tax$2,000

Est. closing costs$3,183

Total cash needed$16,558

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