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$265,500
Elliot Lake
Elliot Lake, Ontario, P5A1N6
This 3-bedroom, 2-bathroom home in Elliot Lake is for sale offering roughly 1,300 sq ft of space. Its $265,500 asking price sits right in line with the $255,000 median in Elliot Lake. It has been on the market 10 days, fresher than the Elliot Lake average of 66 days.
Located in the heart of Elliot Lake, this impressive full-brick detached 1.5-story home offers comfortable one-floor living with a thoughtfully modified layout. The main level features a spacious eat-in kitchen with a cozy stone fireplace, a separate dining area, a large family room, a main-floor bedroom, a partially renovated bathroom, a generous laundry room, and a seamless walk-out to a private four-season sunroom and expansive deck. Upstairs, you will find two additional bedrooms, while the partially finished basement offers incredible potential with a rec room, three bonus rooms, a cold cellar, and a separate entrance ideal for a potential in-law or nanny suite. Situated on a wide, flat lot in a desirable neighborhood close to schools, recreational facilities, the hospital, and local amenities, this property also includes a large yard, ample parking for multiple vehicles or recreational toys, and easy access to local trails and lakes. Call today to schedule your private viewing! (id:66096)
Features and services as supplied by the listing brokerage.
Active: 10 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 10 days, which is 56 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 $265,500, about 5.3× the local median household income of $50,000.
Carrying it typically needs a household income of about $51,861 (20% down, 25-yr amortization, stress-tested) — roughly 4% above 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.