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Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
3 Bed, 2 Bath Townhouse in Elliot Lake
About 8 Bailey Lane
Beautiful 3-bedroom townhouse backing directly onto a lush forest and scenic trails. This home is beautifully maintained and features a main floor bathroom and a chair lift for east access to the second level. Enjoy additional living space with a workshop, rec room and a walkout basement leading straight to your private yard and nature. Perfect for those seeking accessibility, privacy, and the great outdoors right at their doorstep!
3 bedrooms, 2 bathrooms. Chat with Zara if you'd like a deeper read on whether this townhouse fits your budget and timing.
Inside 8 Bailey Lane
Every detail from the listing, in one place.
Type
Townhouse
Style
2-Storey
Basement
Finished, Full
Features & systems
Interior
Basement
Finished · Full
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Att/Row/Townhouse
8 Bailey Lane Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14094262$139,999
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 8 Bailey Lane Compares to the Elliot Lake Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$688
/mo
based on the purchase price of $139,999
$28,000 cash
$111,999 financed
$94,333 total interest
Principal54%$111,999
Interest46%$94,333
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
Own a home on Bailey Lane? See what yours is worth
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Book a tour of 8 Bailey Lane with a licensed buyer's agent
Your agent is usually paid from the seller's side. We'll confirm the co-operating commission on this listing before you sign anything.
Zara, any time
Zara · AI virtual agent
Ask about 8 Bailey Lane day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
A licensed local agent
Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Keep looking near 8 Bailey Lane
Homes for sale in Elliot Lake
Every active Elliot Lake MLS® listing, updated all day.
Average days on market33Homes sold in about 33 days on average.
Sale-to-list ratio95.0%On average, homes sold below asking.
Active listings81Homes for sale here right now.
Median vs prior 90 days+7.5%Compared with Apr 25 – Jul 24, 2026: prices up.
Based on 73 sales from Jul 24 – Oct 22, 2026 (49 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 8 Bailey Lane
How much is 8 Bailey Lane listed for?
8 Bailey Lane is listed at $139,999 (MLS® X14094262). Summitly updates the price as soon as the MLS® record changes.
Has the price of 8 Bailey Lane changed?
No — 8 Bailey Lane is still listed at its original asking price of $139,999.
How many bedrooms and bathrooms does 8 Bailey Lane have?
8 Bailey Lane has 3 bedrooms and 2 bathrooms. It is a townhouse in Elliot Lake.
How much would the monthly mortgage be on 8 Bailey Lane?
About $688 a month — principal and interest on $139,999 with 20% down ($28,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 8 Bailey Lane compare with other homes in Elliot Lake?
Its asking price of $139,999 is about 36% below the median sold price in Elliot Lake over the last 90 days, $220,000, across 73 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 8 Bailey Lane been sold before?
Summitly has no earlier MLS® sale or lease of 8 Bailey Lane on record from the last two years. Older records aren't shown under TRREB rules.
Where is 8 Bailey Lane?
8 Bailey Lane is in Elliot Lake, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 8 Bailey Lane been on the market?
8 Bailey Lane was listed today (October 19, 2026).
Does 8 Bailey Lane have a basement, and is it finished?
The listing describes the basement as: Finished, Full.
What is the lot size of 8 Bailey Lane?
The lot is 50 acres, as published in the listing.
What is the land transfer tax on 8 Bailey Lane?
About $1,125 in Ontario land transfer tax at the asking price of $139,999. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 8 Bailey Lane or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
