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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$229,900

Elliot Lake

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$229,900

For sale

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Address not available, Elliot Lake - Single Family for Sale

Elliot Lake, Ontario, P5A3M3

2 beds1 bath836 ft²Listed 9 days ago

Overview

This 2-bedroom, 1-bathroom home in Elliot Lake is for sale offering roughly 836 sq ft of space. Listed at $229,900, it is attractively priced about 10% below the $255,000 median asking price in Elliot Lake. It has been on the market 9 days, fresher than the Elliot Lake average of 66 days.

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

Description

Welcome to this charming detached slab bungalow, ideally situated on a flat lot backing onto peaceful greenspace! Offering convenient one-level living, this well-maintained home features an attractive interlocking brick driveway and an inviting foyer that leads into a lovely kitchen with ample countertop and cupboard space. The bright, open-concept living and dining area creates a warm and welcoming atmosphere, complete with a cozy gas fireplace. Down the hall, you’ll find two generously sized bedrooms, a 4-piece bathroom, and a convenient laundry/storage room. Additional highlights include recently replaced shingles and an easy-to-maintain property with no stairs to worry about! Perfect for retirees, those looking to downsize, or investors seeking a great opportunity. Enjoy comfortable, low-maintenance living in a fantastic location with greenspace right in your backyard. Call today to book your private viewing! (id:66096)

Property Details

MLS®: SM262986
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Half Baths: 0
Interior Size: 836 ft²
Style: Bungalow
Heating: Electric, Natural gas
Garage: No Garage
Fireplace: Yes
Property Tax: $2,004/yr
Listed: 9 days ago

Rooms

Main level

Kitchen: 14.4 x 7.11
Living room/Dining room: 22.5 x 12.11
Bathroom: 10.8 x 4.11
Primary Bedroom: 14.4 x 10.9
Bedroom: 12.5 x 10.3
Laundry room: 11.1 x 8.11

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

Features

Appliances: Washer, Refrigerator, Stove, Dryer, Blinds
Exterior: Brick, 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

Elliot Lake listings, avg age

66d

Price / ft²

$275

List price

$230K

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 2-bed single family in Elliot Lake has been listed for 9 days, which is 57 days fresher than the city average of 66. Act while there is still low competition.

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Listed by Oak Realty Ltd. · Christine Irene Brunet

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P5A)

This home lists at $229,900, about 4.6× the local median household income of $50,000.

Carrying it typically needs a household income of about $44,908 (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)

$229,900· $275/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $11,495

Min 5%50%

Mortgage payment$1,211/mo

↳ CMHC premium ($8,736 capitalized)

Property tax (est.)$167/mo

Total monthly$1,378

Cash Needed to Close

Down payment (5%)$11,495

Land transfer tax$2,024

Est. closing costs$3,190

Total cash needed$16,709

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