50 Roman Avenue, Elliot Lake

$925,000
50 Roman Avenue

$925,000

New
29d
Land

50 Roman Avenue, Elliot Lake

Total Monthly Obligation $4,405

Beds
0
Baths
0
Park
0
DOM
29d
Property Type-Land
MLS® Number-X13825226
Beds-0
Lot Size-425.45 ft (front)
Listed on site-Sep 24, 2026
Building Type-Land
Taxes-$3,585 (2025)
Brokerage-REAL BROKER ONTARIO LTD.
Fireplace-No
Pool-None
Sewer-Storm Available
Possession-Immediate
Title-Commercial

No agent assigned

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.

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Closing Costs

Mortgage Amount
$740,000
Land Transfer Taxes$14,975
Legal Fees (Est.)
$
Total cash required for closing$201,475

Total Monthly Obligation

$4,405/mo
Mortgage $3,731
Monthly Loss $3,423
Principal$982
Interest$2,749
Property Tax$299
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 50 Roman Avenue

Time

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Data last updated within the past 24 hours.