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

1 bed0 baths1,200 ft²3.35 acres lot sizeListed 29 days ago

Overview

This 1-bedroom home in Elliot Lake is for sale offering roughly 1,200 sq ft of space. It has been on the market 29 days, fresher than the Elliot Lake average of 66 days.

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Description

Welcome to your waterfront retreat! This 3+ acre parcel offers stunning views of Dunlop Lake and an impressive 633 feet of water frontage, providing endless opportunities for outdoor living and water adventures. A 1200 square-foot camp/garage built in 2014 sits on the property and features a cozy open concept living space that comes fully furnished. Enjoy tasteful finishes like tile flooring, wainscoting, and whitewashed ceilings, highlighted by a propane fireplace that adds warmth and ambience. The double car heated garage adds practicality and space for all of your toys. Step outside to relax on multiple decks, a perfect spot to savor sweeping lake views or envision your dream home on this private lot that borders Crown land, ensuring peace, space, and privacy. Whether you’re seeking a serene waterfront getaway or a future build opportunity, this property makes your dream of owning a waterfront oasis within reach. Don’t miss the chance to make Dunlop Lake living a reality. (id:66096)

Property Details

MLS®: SM262780
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 0
Half Baths: 0
Interior Size: 1,200 ft²
Lot Size: 3.35 acres
Year Built: 2013
Style: Bungalow
Basement: None
Heating: Propane
Garage: Garage, Gravel
Fireplace: Yes
Waterfront: Yes
Property Tax: $4,165/yr
Listed: 29 days ago

Rooms

Main level

Kitchen: 11.87 x 13.86
Living room: 11.78 x 15.69
Bedroom: 6.55 x 11.56

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

Features

Appliances: All
Exterior: Vinyl
Lot Features: Crushed stone driveway

Services

Utilities: Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

29d

Elliot Lake listings, avg age

66d

Price / ft²

$333

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 1-bed single family in Elliot Lake has been listed for 29 days, which is 37 days fresher than the city average of 66. Act while there is still low competition.

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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· $333/ft²

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.)$347/mo

Total monthly$2,449

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