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$235,000
Elliot Lake
Elliot Lake, Ontario, P5A3B1
This 3-bedroom, 2-bathroom home in Elliot Lake is for sale offering roughly 1,000 sq ft of space. Listed at $235,000, it is attractively priced about 8% below the $255,000 median asking price in Elliot Lake. It has been on the market 12 days, fresher than the Elliot Lake average of 66 days.
Discover the charm of this inviting detached bungalow, ideally situated with a peaceful bush setting at the rear for added privacy and a natural backdrop. The bright and welcoming main level features a modern-looking kitchen, an open living and dining area perfect for everyday living and entertaining, and newer flooring. Three bedrooms and a full bathroom complete the main floor, offering comfortable one-level living. The basement provides exciting possibilities for additional living space, featuring a guest room or home office, a second bathroom, ample storage and a walkout to a private back patio. Whether you're looking for room to grow, space for extended family or the opportunity to create a separate living area, this home offers flexibility to suit your needs. Gas forced air heating and central air ensure year round comfort. This property is a wonderful opportunity to make a house your home! (id:66096)
Features and services as supplied by the listing brokerage.
Active: 12 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 3-bed single family in Elliot Lake has been listed for 12 days, which is 54 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 $235,000, about 4.7× the local median household income of $50,000.
Carrying it typically needs a household income of about $45,904 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA P5A)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.