For saleJust listed

Today

$389K

Elliot Lake, Ontario, P5A2S9

2 bd1 baLot size 1.66 acres

Listed by Oak Realty Ltd.

For saleJust listed

Today

$187K

Elliot Lake, Ontario, P5A3C3

3 bd2 ba1,000 ft²

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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$189,900

Elliot Lake

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$189,900

For saleJust listed

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Address not available, Elliot Lake - Single Family for Sale

Elliot Lake, Ontario, P5A3K1

3 beds2 bathsListed Today

Overview

This 3-bedroom, 2-bathroom home in Elliot Lake is for sale. Listed at $189,900, it is attractively priced about 26% 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

Looking to be settled into your new home just in time for the holidays? Look no further! This inviting semi-detached bungalow offers comfortable, convenient living in a wonderful location backing onto peaceful greenspace and surrounded by nature’s beauty. Featuring three bedrooms on the main level, convenient main-floor laundry, and efficient forced-air gas heating, this home is an excellent choice for retirees, first-time buyers, or those looking to downsize. The spacious lower level offers a walkout to the backyard and plenty of potential for a family room, additional living space, or whatever suits your needs. Enjoy the tranquility of nature right in your backyard while making this property your own. Don't miss this fantastic opportunity—call today to book your private viewing! (id:66096)

Property Details

MLS®: SM263106
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 0
Style: Bungalow
Basement: Partially finished, Full
Heating: Forced air, Natural gas
Garage: No Garage
Property Tax: $1,903/yr
Listed: Today

Rooms

Main level

Kitchen: 22.8 X 10
Living room/Dining room: 26.4 X 8.11
Bedroom: 10 X 7.11
Bathroom: 8.1 X 4.11
Bedroom: 14.7 X 8.11
Bedroom: 10 X 14.5

Basement

Family room: 18.6 X 18.5
Bathroom: 6.5 X 9.1
Storage: 26.9 X 18.5

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

Features

Appliances: Washer, Refrigerator, Water softener, Dishwasher, Stove, Dryer, Blinds
Foundation: Poured Concrete
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

63d

List price

$190K

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. · Christine Irene Brunet

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P5A)

This home lists at $189,900, about 3.8× the local median household income of $50,000.

Carrying it typically needs a household income of about $37,094 (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)

$189,900

For sale

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Full Cost Breakdown

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Down Payment5% · $9,495

Min 5%50%

Mortgage payment$1,000/mo

↳ CMHC premium ($7,216 capitalized)

Property tax (est.)$159/mo

Total monthly$1,159

Cash Needed to Close

Down payment (5%)$9,495

Land transfer tax$1,624

Est. closing costs$3,070

Total cash needed$14,189

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