For saleJust listed

Today

$190K

Elliot Lake, Ontario, P5A3K1

3 bd2 ba

Listed by Oak Realty Ltd.

For saleJust listed

Today

$389K

Elliot Lake, Ontario, P5A2S9

2 bd1 baLot size 1.66 acres

Listed by Oak Realty Ltd.

For saleJust listed

Yesterday

$200K

Elliot Lake, Ontario, P5A1M8

3 bd2 ba980 ft²

Listed by Royal LePage® Mid North Realty Elliot Lake

For saleJust listed

Yesterday

$299K

Elliot Lake, Ontario, P5A1W4

3 bd1 ba1,920 ft²

Listed by Oak Realty Ltd.

Investment analysis

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$186,900

Elliot Lake

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$186,900

For saleJust listed

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Address not available, Elliot Lake - Single Family for Sale

Elliot Lake, Ontario, P5A3C3

3 beds2 baths1,000 ft²Listed Today

Overview

This 3-bedroom, 2-bathroom home in Elliot Lake is for sale offering roughly 1,000 sq ft of space. Listed at $186,900, it is attractively priced about 27% below the $255,000 median asking price in Elliot Lake. It has been on the market 0 days, fresher than the Elliot Lake average of 63 days.

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Description

Welcome to this detached two-storey family home, ideally located on a quiet crescent. The bright and inviting living room features charming rustic pine flooring, while the open kitchen and dining area creates a functional space for everyday living and entertaining. Enjoy a convenient walkout from the dining room to the back deck and private fenced yard. A two-piece bathroom completes the main floor. Upstairs offers three comfortable bedrooms and a full bathroom. The partially finished basement offers additional living space with endless potential to suit your needs. Heated by a gas furnace, this home also features a large storage shed and a private fenced yard—perfect for children, pets, and outdoor enjoyment. A wonderful opportunity to own a family-friendly home in a peaceful location! (id:66096)

Property Details

MLS®: SM263103
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
Interior Size: 1,000 ft²
Storeys: 2
Style: 2 Level
Basement: Unfinished, Full
Heating: Forced air, Natural gas
Garage: No Garage
Property Tax: $2,164.52/yr
Listed: Today

Rooms

Main level

Living room: 16 x 8.84
Dining room: 10.18 x 7.80
Kitchen: 10.50 x 9.80
Bathroom: 6.20 x 4.66

Second level

Bedroom: 9.12 x 9.57
Bedroom: 10.22 x 9.90
Bedroom: 9.75 x 13.33
Bathroom: 5.50 x 7.50

Basement

Recreation room: 8.13 x 20.39
Laundry room

Features

Appliances: Washer, Refrigerator, Stove, Dryer, Window Coverings
Flooring: Hardwood
Exterior: Brick, 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

63d

Price / ft²

$187

List price

$187K

Homes here sell below asking price

Homes in this market sold for an average of 93.0 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 0 days, which is 63 days fresher than the city average of 63. Act while there is still low competition.

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Listed by Oak Realty Ltd. · Pam Sarich

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P5A)

This home lists at $186,900, about 3.7× the local median household income of $50,000.

Carrying it typically needs a household income of about $36,508 (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)

$186,900· $187/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $9,345

Min 5%50%

Mortgage payment$984/mo

↳ CMHC premium ($7,102 capitalized)

Property tax (est.)$180/mo

Total monthly$1,165

Cash Needed to Close

Down payment (5%)$9,345

Land transfer tax$1,594

Est. closing costs$3,061

Total cash needed$14,000

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