$174,900

For saleJust listed

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Address not available, Elliot Lake - Single Family for Sale

Elliot Lake, Ontario, P5A2L7

3 beds2 bathsListed 2 days ago

Overview

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.

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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$174,900

Elliot Lake

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Description

Located on a quiet street, this charming two-story semi-detached home features 3 bedrooms, 1.5 bathrooms, and a detached single-car garage with a loft. The main level offers a spacious living room, dining room, and kitchen with large windows and laminate flooring, plus a convenient 2-piece bath. Upstairs, you will find three generously sized bedrooms and a 4-piece bath, while the finished lower level boasts a large rec room with a walk-out to a large patio and fully fenced yard. Situated close to ATV, snowmobile, and hiking trails with thousands of nearby lakes at your disposal, don't miss the opportunity to call this property home—book your showing today! (id:66096)

Property Details

MLS®: SM263061
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
Year Built: 1977
Storeys: 2
Style: 2 Level
Basement: Partially finished, Full
Heating: Baseboard heaters, Electric
Garage: Detached Garage, Garage
Fireplace: Yes
Property Tax: $1,654.98/yr
Listed: 2 days ago

Rooms

Main level

Living room: 14'6 x 11'2"
Dining room: 10'10 x 7'7"
Kitchen: 10'11 x 9'6"
Bathroom: 6'2 x 4'4"

Second level

Primary Bedroom: 13'2 x 9'11"
Bedroom: 10'5 x 9'8"
Bedroom: 9' x 9'4"
Bathroom: 7'11 x 5'9"

Basement

Recreation room: 19'11 x 18'1"
Laundry room: 10'5 x 6'4"
Storage: 13'9 x 5'0

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
Exterior: Brick, Siding
Lot Features: Paved 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

List price

$175K

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.

Area context

Neighbourhood profile (P5A)

This home lists at $174,900, about 3.5× the local median household income of $50,000.

Carrying it typically needs a household income of about $34,164 (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)

$174,900

For sale

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Full Cost Breakdown

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Down Payment5% · $8,745

Min 5%50%

Mortgage payment$921/mo

↳ CMHC premium ($6,646 capitalized)

Property tax (est.)$138/mo

Total monthly$1,059

Cash Needed to Close

Down payment (5%)$8,745

Land transfer tax$1,474

Est. closing costs$3,025

Total cash needed$13,244

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Address not available, Elliot Lake - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (P5A)

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Full Cost Breakdown