Renovated bungalow with garage in quiet Elliot Lake

Property details for 74 Roman Ave, Elliot Lake

Type: Residential
Style: Bungalow
Bedrooms: 3
Bathrooms: 2
Living Area: 1,000 square feet
Basement: Finished, Full
Parking: Garage
Heating: Boiler, Natural gas
Exterior: Siding
Annual Taxes: $2,485

Fresh updates and a bright open layout make this 3-bed, 2-bath bungalow a smart buy in Elliot Lake. The main floor has original hardwood in the living room and all three bedrooms, while the kitchen (11x12) shows off new cabinets, quartz counters, and a window over the sink. Two bedrooms open to a new deck, perfect for morning coffee. The full basement isn't just storage: there's a big rec room with a gas fireplace (17x12), a workshop (13x9), a laundry room with utility sink, and a 2-piece bath. New gas boiler (2020), upgraded electrical panel, and a 50-foot frontage with paved driveway and detached garage. Property taxes are $2,485, and the price sits at $255K, below the area average. Walk to Foodland in 10 minutes, or hop on the bus route right out front. Schools are close too. This one's ready for you to move in and enjoy.

About 74 Roman Ave, Elliot Lake — Property Score

Great Location

Score: 59/100

Value

Priced 16% above area median of $219,900 based on 53 comparable properties nearby 46

$255/sqft - 15.9% above the $220/sqft area median 46

Stable pricing - no price changes since original listing date 50

Size

1,000 sqft - 3% less space than similarly priced homes (1,032 sqft median) 58

3 bedrooms - typical for similarly priced homes 60

2 bathrooms - typical for similarly priced properties 60

Location

$53K median household income - below the Canadian average of $70K 57

68% of residents hold postsecondary credentials - a highly educated neighbourhood 78

77% homeownership rate - indicating a stable, owner-occupied community 84

76% of residents commute under 30 minutes - excellent commuter accessibility 91

2,026/km² population density - a well-balanced suburban area 90

Market

Just listed - area average is 44 days on market 100

+0.2% median price change over 1 month - stable pricing in the area 51

23.3 months of housing supply - 70 active listings with 3 sold last month (buyer's market) 40

Features

Finished, Full basement - adds valuable living space 85

Boiler, Natural gas 60

No cooling system listed - common in cooler climate areas 30

No premium extras like pool, waterfront, or view 50

Investment

0.97% effective tax rate ($2,485/yr) - below the Canadian average of ~1% 71

-5.1% area price change year-over-year - significant price correction in Elliot Lake 25

23% renter population - primarily owner-occupied area 58

Quality

Condition

Listing

30 photos provided - below the area average of 34 photos 92

3 of 7 key property details provided (43%) - some key property details missing 58

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.