$149,000

For sale

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Address not available, Elliot Lake - Single Family for Sale

Elliot Lake, Ontario, P5A1A6

2 beds1 bath condo fee

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

86 days ago

$80K

Elliot Lake, Ontario, P5A1W8

2 bd1 ba+$562/mo

Listed by Royal LePage® Mid North Realty Elliot Lake

Investment analysis

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$149,000

Elliot Lake

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Description

Welcome to this bright and inviting 2-bedroom mobile home, ideally situated on a desirable lot backing on to acres of forest. Lots of parking space for all your toys. There's plenty of room for guests and everyday convenience in the "open concept" living and dining area. Enjoy outdoor living at its best! Ideal for relaxing or entertaining. Located just steps from scenic walking trails, this home offers a perfect blend of peaceful living indoors or out! (id:66096)

Rooms

Main level

Living room: 16 x 11
Dining room: 10.7 x 26
Kitchen: 12 x 12
Primary Bedroom: 11 x 9
Bedroom: 9.11 x 8.4
Pantry: 6.4 x 7.8
Porch: 6.7 x 7.2
Sunroom: 9 x 10

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

Market Timing

Days on market

83d

Elliot Lake listings, avg age

66d

List price

$149K

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.

Area context

Neighbourhood profile (P5A)

This home lists at $149,000, about 3.0× the local median household income of $50,000.

Carrying it typically needs a household income of about $29,105 (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)

$149,000

For sale

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Full Cost Breakdown

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Down Payment5% · $7,450

Min 5%50%

Mortgage payment$785/mo

↳ CMHC premium ($5,662 capitalized)

Est. property tax$0/mo

Condo fee$425/mo

Total monthly$1,210

Cash Needed to Close

Down payment (5%)$7,450

Land transfer tax$1,215

Est. closing costs$2,947

Total cash needed$11,612

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

Address not available, Elliot Lake - Single Family for Sale

Rental cashflow calculator

Description

Property Details

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Market Timing

Location

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Neighbourhood profile (P5A)

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