$699,000
Elliot Lake
Elliot Lake, Ontario, P5A2S9
This 2-bedroom, 1-bathroom home in Elliot Lake is for sale offering roughly 1,200 sq ft of space. It has been on the market 44 days, fresher than the Elliot Lake average of 66 days.
Experience waterfront living with this exceptional home nestled on 1.29 private acres along the shores of beautiful Dunlop Lake. Boasting 164 feet of pristine waterfront, this lovely property offers a gentle slope to the water's edge, creating easy access for swimming, fishing, boating, and year-round outdoor recreation. Inside, the bright and inviting open-concept main floor showcases soaring cathedral ceilings, gleaming hardwood floors, and expansive windows that capture breathtaking lake views. The spacious living room is anchored by a beautiful wood-burning fireplace and features a walkout to an enormous side deck—the perfect place to entertain guests or simply relax and enjoy the peaceful waterfront setting. The main level offers convenient one-floor living with a generous primary bedroom, spacious 4-piece bathroom, and laundry area. A charming loft overlooks the main living space, providing additional room for guests, a home office, or a cozy retreat. The lower level features a large rec room and a partially finished bedroom, offering plenty of potential for additional living space. Built for comfort and durability, this home features propane forced-air heating, an ICF foundation, and a low-maintenance metal roof. The expansive lot provides ample parking and endless opportunities to enjoy the outdoors. Whether you're looking for a year-round residence, recreational retreat, or waterfront getaway, this remarkable Dunlop Lake property delivers the ultimate Northern Ontario lifestyle! (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 44 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 2-bed single family in Elliot Lake has been listed for 44 days, which is 22 days fresher than the city average of 66. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $699,000, about 14.0× the local median household income of $50,000.
Carrying it typically needs a household income of about $136,539 (20% down, 25-yr amortization, stress-tested) — roughly 173% above the area median.
Source: Statistics Canada, 2021 Census (FSA P5A)
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Loading rates, 30-yr amortization
Cash Needed to Close
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.