50 ROMAN AVENUE, Elliot Lake

$925,000

For sale: Vacant Land

Vacant Land at 50 ROMAN AVENUE, Elliot Lake
Property type
Land
MLS®
MLS® X13825226

Exceptional 7.6-acre development opportunity on Roman Avenue in Elliot Lake. Zoning has been amended to permit up to 116 mixed residential units, offering a rare opportunity for developers and investors. Environmental studies have been completed and professionally prepared site and building drawings are available, providing a significant head start for future development. Ideally located within an established area surrounded by Elliot Lake's natural beauty, this property offers strong long-term potential with access to nearby amenities, recreation, and services. Rare opportunity to acquire a large-scale development site with key planning work already completed.

Sold data

Homes in Elliot Lake — recent sold market

Homes in Elliot Lake took a median of 22 days to sell over the last 90 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 51, across 40 recorded sales.

The median sale price was $229,000.

Homes sold for about 5.6% below asking on average, so there was room to negotiate.

About 2% of sales closed above the list price.

Around 15% of sellers reduced their price before finding a buyer.

Median days to sell
22
Median sale price
$229,000
Sale-to-list ratio
94.4%
Sold above asking
3%

Based on 40 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Elliot Lake

Elliot Lake has 4 Fraser Institute–rated schools (3 elementary and 1 secondary), averaging 4.2/10.

Rated schools
4
Elementary
3
Secondary
1
Average rating
4.2 / 10

Top-rated schools in Elliot Lake

  • Our Lady of Fatima — elementaryFraser rating 5.8/10
  • Central Avenue — elementaryFraser rating 4.8/10
  • Esten Park — elementaryFraser rating 3.5/10
  • Elliot Lake — secondaryFraser rating 2.5/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 50 ROMAN AVENUE