255 Highway 108 Highway, Elliot Lake, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Elliot Lake. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $35 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 81.83 x 65.33 ft lot size
- Convenient outside/surface garage included
- equipped with yes central cooling and highly efficient gas forced air open heating
Description
New Development in the heart of Elliot Lake with access off of Highway 108 with Stacked Pancake and Breakfast House confirmed as the first Tenant and will be anchored by a 9,000 SF National Tenant. The Site has approximately 25,000 SF of CRU space with a proposed Drive Thru and is shadow anchored by AAA retailers Foodland, Canadian Tire, No Frills, Shoppers Drug Mart and Dollarama. Elliot Lake is a hidden gem boasting the 7th largest City in Northern Ontario with a larger population than such markets as Parry Sound, Fort Frances, Temiskaming Shores and Kapuskasing. Confirmed Co-Tenants included Stacked Pancake and Breakfast House, a national anchor retailer and a national insurance brokerage. Variety of Permitted uses available.
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Major Highway, Skiing
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Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 255 Highway 108 Highway C3, Elliot Lake, ON P5A 2J7
Based on 0 recent similar sales in the pocket.
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 $35 in Elliot Lake, the legal minimum down payment is $2 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 $0 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 $0.
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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.
