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 sale

9 days ago

$205K

Elliot Lake, Ontario, P5A1H5

3 bd1 ba860 ft²

Listed by Oak Realty Ltd.

For sale

9 days ago

$230K

Elliot Lake, Ontario, P5A3M3

2 bd1 ba836 ft²

Listed by Oak Realty Ltd.

Investment analysis

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$349,900

Elliot Lake

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$349,900

For saleJust listed

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Address not available, Elliot Lake - Single Family for Sale

Elliot Lake, Ontario, P5A2E3

5 beds2 baths1,000 ft²Listed 5 days ago

Overview

This 5-bedroom, 2-bathroom home in Elliot Lake is for sale offering roughly 1,000 sq ft of space. It has been on the market 5 days, fresher than the Elliot Lake average of 66 days.

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Description

Stunning Renovated Raised Bungalow in High-Demand Area Beautifully updated and move-in ready, this bright 3+2 bedroom raised bungalow sits in a highly desirable neighborhood perfect for families and outdoor enthusiasts. Features an attached 1.5-car garage and gorgeous brand-new flooring throughout the entire home. The spacious main floor holds 3 bedrooms, while the lower level offers 2 additional bedrooms—ideal for guests or a home office. Unwind in the main bath's beautiful new deep soaker tub. Unbeatable four-season location within walking distance to the brand-new arena, local beaches, ski hill, and scenic trails. Enjoy turnkey modern living and year-round recreation right at your doorstep. (id:66096)

Property Details

MLS®: SM263038
Property Type: Single Family
Bedrooms: 5
Beds (above / below): 3 above · 2 below
Bathrooms: 2
Half Baths: 0
Interior Size: 1,000 ft²
Style: Bungalow
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage
Property Tax: $2,459.05/yr
Listed: 5 days ago

Rooms

Main level

Living room: 11 x 17
Dining room: 8 x 10
Kitchen: 14 x 11
Primary Bedroom: 11 x 12
Bedroom: 11 x 9
Bedroom: 11 x 9

Basement

Bedroom: 22 x 9
Bedroom: 11 x 9
Recreation room: 18 x 3

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, Window Coverings
Exterior: Vinyl, Siding
Lot Features: Paved driveway

Services

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

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Elliot Lake listings, avg age

66d

Price / ft²

$350

List price

$350K

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 5-bed single family in Elliot Lake has been listed for 5 days, which is 61 days fresher than the city average of 66. Act while there is still low competition.

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Listed by Oak Realty Ltd. · Denise Langille

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P5A)

This home lists at $349,900, about 7.0× the local median household income of $50,000.

Carrying it typically needs a household income of about $68,348 (20% down, 25-yr amortization, stress-tested) — roughly 37% 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)

$349,900· $350/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $17,495

Min 5%50%

Mortgage payment$1,843/mo

↳ CMHC premium ($13,296 capitalized)

Property tax (est.)$205/mo

Total monthly$2,048

Cash Needed to Close

Down payment (5%)$17,495

Land transfer tax$3,724

Est. closing costs$3,550

Total cash needed$24,769

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