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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$399,000

Elliot Lake

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$399,000

For sale

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Address not available, Elliot Lake - Single Family for Sale

Elliot Lake, Ontario, P5A2S9

2 beds1 bath1.66 acres lot sizeListed 97 days ago

Overview

This 2-bedroom, 1-bathroom home in Elliot Lake is for sale.

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

Description

Escape to this cozy and charming water-access-only cottage on beautiful Dunlop Lake, set on an impressive 1.66-acre private lot. Offered as a partially furnished, turnkey package, this inviting property is ready for you to enjoy from day one. Inside, you'll find a bright, open-concept kitchen, living, and dining area featuring hardwood floors, vaulted ceilings, and a cozy wood stove, creating the perfect space to relax and entertain. A screened-in room provides a comfortable place to enjoy the outdoors, while the spacious deck offers spectacular southern views over the lake. A charming bunkie by the lake provides extra space for family or guests. Surrounded by nature, you'll appreciate the direct access to trails and Crown land behind the property, making it an ideal destination for hiking, exploring, and outdoor recreation. Whether you're looking for a peaceful getaway or a family retreat, this exceptional Dunlop Lake cottage offers privacy, comfort, and everything you need to start making memories! (id:66096)

Property Details

MLS®: SM262004
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Half Baths: 0
Lot Size: 1.66 acres
Style: Bungalow
Basement: None
Heating: Wood
Garage: None, No Garage
Fireplace: Yes
Waterfront: Yes
Property Tax: $2,236.48/yr
Listed: 97 days ago

Rooms

Main level

Living room/Dining room: 22 x 24
Bedroom: 11 x 11
Bedroom: 9 x 11
Bathroom: 7 x 6

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

Features

Appliances: Refrigerator, Stove, Hot Water Instant
Flooring: Hardwood
Exterior: Hardboard
Lot Features: Solar Equipment

Services

Water: Lake/River Water Intake
Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

97d

Elliot Lake listings, avg age

66d

List price

$399K

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?

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Listed by Oak Realty Ltd. · Pam Sarich

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P5A)

This home lists at $399,000, about 8.0× the local median household income of $50,000.

Carrying it typically needs a household income of about $77,939 (20% down, 25-yr amortization, stress-tested) — roughly 56% above 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)

$399,000

For sale

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Full Cost Breakdown

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Down Payment5% · $19,950

Min 5%50%

Mortgage payment$2,102/mo

↳ CMHC premium ($15,162 capitalized)

Property tax (est.)$186/mo

Total monthly$2,288

Cash Needed to Close

Down payment (5%)$19,950

Land transfer tax$4,460

Est. closing costs$3,697

Total cash needed$28,107

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