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

Rental cashflow calculator

Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.

Estimated monthly rent

Enter the monthly rent you expect, or adjust our estimate.

Down payment (%)

Rate (%)

Amortization (yrs)

Property tax (/ yr)

Condo fee (/ mo)

Insurance (est. / mo)

Maint. + vacancy (est. / mo)

Enter an estimated monthly rent to see the cashflow.

Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.

$450,000

Elliot Lake

Book a showing

$450,000

For sale

Book a showing

Address not available, Elliot Lake - Single Family for Sale

Elliot Lake, Ontario, P5A1G4

3 beds2 baths1,000 ft²6,534 sq ft (0.15 ac) lot sizeListed 11 days ago

Overview

This 3-bedroom, 2-bathroom home in Elliot Lake is for sale offering roughly 1,000 sq ft of space. It has been on the market 11 days, fresher than the Elliot Lake average of 66 days.

Houses for Sale in Elliot Lake →All real estate in Elliot Lake →

Description

Turn key bungalow plus garage offering plenty of curb appeal and an ideal location! This home is located in a beautiful neighbourhood and showcases a larger than average level lot which is perfectly landscaped throughout. Good size deck off the back, an attractive interlocking brick driveway, private fenced yard and beautiful gardens all around. Very Bright Main floor with open concept captures plenty of natural sunlight and gleaming hardwood floors. Spacious living/dining room combo also includes a cozy gas fireplace. Main floor bathroom and kitchen stunningly updated with loads of cabinets, a center island and patio doors leading to the back yard. Great size bedrooms offer a generous amount of closet space. Senior friendly layout. Full Finished basement boasts a fantastic rec-room with additional gas fireplace. Lower level also features a third bedroom and powder room. Huge large laundry area with extra storage room. Gas forced air heating and central air for added comfort. If you’re looking for an exceptionally well maintained property, your search ends here! Call to view today. (id:66096)

Property Details

MLS®: SM262977
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Half Baths: 1
Interior Size: 1,000 ft²
Lot Size: 6,534 sq ft (0.15 ac)
Year Built: 1957
Storeys: 1
Style: Bungalow
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Fireplace: Yes
Property Tax: $3,127/yr
Listed

Rooms

Main level

Kitchen: 16.5 x 11.4
Living room: 19.8 x 11.4
Dining room: 8.5 x 8.0
Bedroom: 7.9 x 11.4
Bedroom: 11.4 x 13.2

Basement

Bedroom: 13.5 x 11.8
Family room: 12.3 x 21.7

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

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave Built-in
Flooring: Hardwood
Foundation: Poured Concrete
Exterior: Vinyl, Siding
Lot Features: Interlocking Driveway

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Natural Gas, Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

11d

Elliot Lake listings, avg age

66d

Price / ft²

$450

List price

$450K

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 3-bed single family in Elliot Lake has been listed for 11 days, which is 55 days fresher than the city average of 66. Act while there is still low competition.

Set a price alert Book a showing

Listed by Re/Max Sault Ste. Marie Realty Inc. · Peter Lendak

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P5A)

This home lists at $450,000, about 9.0× the local median household income of $50,000.

Carrying it typically needs a household income of about $87,901 (20% down, 25-yr amortization, stress-tested) — roughly 76% 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)

$450,000· $450/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Full Cost Breakdown

Loading rates, 30-yr amortization

Current Rates

Loading…

Compare all rates

Down Payment5% · $22,500

Min 5%50%

Mortgage payment$2,370/mo

↳ CMHC premium ($17,100 capitalized)

Property tax (est.)$261/mo

Total monthly$2,631

Cash Needed to Close

Down payment (5%)$22,500

Land transfer tax$5,475

Est. closing costs$3,850

Total cash needed$31,825

Get Pre-Approved · Free & Fast

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