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Renanza Realty
For sale

50 ROMAN Avenue

Elliot Lake, Ontario

MLS® 40829000

$1,100,000

Status
Active
Property type
Vacant land
MLS® number
40829000
Bedrooms
Bathrooms
Year built

Listing description

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.

Buyer to complete their own due diligence regarding future development plans, permits, servicing, and approvals.

Property summary

MLS® number
40829000
Property type
Vacant Land
Title
Freehold
Annual property taxes
$3,584.71
Days on market
109 days

Features & details

Basement
None

What would this home cost you?

Based on the $1,100,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$5,118 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Real Broker Ontario Ltd., St Jacobs.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.