Spine Road is a land in Elliot Lake, listed for $347,700.
1A rare opportunity to own a beautiful 15-Lot treed parcel of vacant land with scenic water views, all within the City of Elliot Lake.
2Offering privacy, natural beauty, and exceptional potential, this unique property includes a completed survey and a historic 15-lot subdivision concept, providing long-term possibilities for the right purchaser.
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Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Lots & Land in Elliot Lake
A rare opportunity to own a beautiful 15-Lot treed parcel of vacant land with scenic water views, all within the City of Elliot Lake. Offering privacy, natural beauty, and exceptional potential, this unique property includes a completed survey and a historic 15-lot subdivision concept, providing long-term possibilities for the right purchaser. The property is currently unserviced and is being sold AS IS, WHERE IS, with no representations or warranties regarding zoning, servicing availability, enironmental conditions, or the suitability of the property for future development/. Buyers are encouraged to complete their own due diligence with respect to all aspects of the property and any intended use. Whether you're looking to invest, hold for the future, or explore development opportunities, this is a rare chance to acquire a substantial parcel in a desirable location with beautiful natural surroundings.
Elliot Lake land priced at $347,700 — book a tour to see if it fits your search.
Inside Spine Road
Every detail from the listing, in one place.
Type
Land
Basement
Other
Features & systems
Interior
Basement
Other
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Vacant Land
Spine Road Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
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
$1,708
/mo
based on the purchase price of $347,700
$69,540 cash
$278,160 financed
$234,284 total interest
Principal54%$278,160
Interest46%$234,284
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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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
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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 Spine Road
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 Spine Road
How much is Spine Road listed for?
Spine Road is listed at $347,700 (MLS® X13887406). Summitly updates the price as soon as the MLS® record changes.
Has the price of Spine Road changed?
Yes — it was first listed at $499,900 and is now $347,700, a drop of $152,200 (30.4%).
How many bedrooms and bathrooms does Spine Road have?
The listing for Spine Road doesn't publish its bedroom and bathroom count. It is a lot in Elliot Lake.
How much would the monthly mortgage be on Spine Road?
About $1,708 a month — principal and interest on $347,700 with 20% down ($69,540), 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 Spine Road compare with other homes in Elliot Lake?
Its asking price of $347,700 is about 58% above 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 Spine Road been sold before?
Summitly has no earlier MLS® sale or lease of Spine Road on record from the last two years. Older records aren't shown under TRREB rules.
Where is Spine Road?
Spine Road is in Elliot Lake, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has Spine Road been on the market?
104 days — Spine Road was listed on June 30, 2026.
Does Spine Road have a basement, and is it finished?
The listing describes the basement as: Other.
What is the lot size of Spine Road?
The lot is 50 acres, as published in the listing.
What is the land transfer tax on Spine Road?
About $3,691 in Ontario land transfer tax at the asking price of $347,700. 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 Spine Road 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.
