18 Valley Crescent, Elliot Lake, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Elliot Lake. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $224,018 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 700-1100 sqft on a premium 55 x 110 ft lot
- Features a finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 8.0 total parking spaces available with a convenient carport configuration
- Notable attributes: Water Heater
- Efficient forced air heating via gas
Description
B-I-G -- F-A-M-I-L-I-E-S make this your home. Large detached bungalow with separate entrance to the basement. This home offers lots of space, few stairs, sitting on a low maintenance lot. Experience a house that gives you room for your family and room to park your cars, trucks and other toys. Great as an investment property renting for as much as $2,300 per month
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 18 Valley Crescent, Elliot Lake, ON P5A 2G6
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Elliot Lake, ON
For a property listed at $224,018 in Elliot Lake, the legal minimum down payment is $11,201 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $1,965 for this transaction. As this listing is in Elliot Lake (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $1,965.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.