$136,700

For sale

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Address not available, Elliot Lake - Single Family for Sale

Elliot Lake, Ontario, P5A3N6

3 beds2 baths1,000 ft²Listed 28 days ago

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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$136,700

Elliot Lake

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Description

Semi-detached tucked away into a sought-after neighbourhood. This 3-bedroom, 2 bath back split offers a functional layout with tons of potential for improvements. The galley kitchen flows into a separate dining area with french doors leading to the back yard. Enjoy the added versatility of a rec room plus a spacious basement perfect for additional living space or storage. Close to all amenities in a well-established, family-friendly area. (id:66096)

Rooms

Main level

Kitchen: 14X8
Living room: 12X18
Bedroom: 12X9.5
Bedroom: 10X9.5
Bathroom: 5.6X10
Dining room: 20X10

Sub-basement

Bedroom: 12X10
Recreation room: 20X18
Bonus Room: 12X13

Basement

Utility room: 11X18
Laundry room: 18X15

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

Features

Appliances: Dishwasher
Flooring: Hardwood
Foundation: Poured Concrete
Exterior: Brick, Vinyl, Siding
Lot Features: Interlocking 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

28d

Elliot Lake listings, avg age

66d

Price / ft²

$137

List price

$137K

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 $136,700, about 2.7× the local median household income of $50,000.

Carrying it typically needs a household income of about $26,702 (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)

$136,700· $137/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $6,835

Min 5%50%

Mortgage payment$720/mo

↳ CMHC premium ($5,195 capitalized)

Est. property tax$0/mo

Total monthly$720

Cash Needed to Close

Down payment (5%)$6,835

Land transfer tax$1,092

Est. closing costs$2,910

Total cash needed$10,837

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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

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (P5A)

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Full Cost Breakdown