48 Ontario AVE, ELLIOT LAKE

2026-05-06
 

Quick Summary

Location
48 Ontario AVE, ELLIOT LAKE, Ontario P5A1Y1
Price
$299,999 CAD
Status:
For Sale
Property Type:
Other
Area:
2000 sqft

MLS®#SM260878

Property Description

Income-generating mixed-use opportunity in central Elliot Lake. This property features over 1,000 sq.ft of main-floor commercial space plus over a 1,000 sq.ft two bedroom apartment above-offering strong potential for investors or owner-operators. The upper unit is a bright, open-concept 2-bedroom apartment, capable of generating approximately $1,000/month in rental income. The main-floor commercial space includes: Dedicated washroom, Basement storage, Flexible layout suitable for a variety of business uses. Zoned for mixed-use, the property offers excellent upside for : Retail or service-based businesses, Live/work ownership, Investors seeking dual-income streams. A great opportunity to add value through leasing or customizing the commercial space. (id:32467)

Property Features

Building

  • Amenities: Living Accommodation, Storefront, Street Lighting
  • Basement Type: Full
  • Exterior Finish: Aluminum siding
  • Fireplace: No
  • Interior Size: 2000 sqft
  • Utility Water: Municipal water

Features

  • Feature: Office space, Energy Efficient

Land

  • Land Size: under 1/2 acre
  • Sewer: Municipal sewage system

Structure

  • Structure: Workshop

Information entered by Royal LePage® Mid North Realty Elliot Lake
Listing information last updated on: 2026-05-28 17:49:48


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How much could you save in commission selling with One Percent Realty?

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$500,000

Your One Percent Realty Commission savings

$500,000

Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 5% + HST . Not all agents charge the same.

One Percent Realty's top FAQs

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What is the deal exactly, with One Percent ?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estate sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

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What do you charge?

We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.

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