50 ROMAN Avenue
Elliot Lake, Ontario
Vacant Land
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.
Price History
Schools
Secondary
- North Shore Adolescent Education School0 km
Public · Algoma DSB
- École secondaire Villa Française des Jeunes0.3 km
French public · CS public du Grand Nord de l'Ontario
- Elliot Lake Secondary School0.5 km
Public · Algoma DSB · 380 students
Grade 10 literacy: 67% met the provincial standard
Elementary
- École publique des Villageois0.3 km
French public · CS public du Grand Nord de l'Ontario
- Our Lady of Fatima Catholic School0.4 km
Catholic · Huron-Superior CDSB · 305 students
Grade 3 reading: 79% met the provincial standard · Grade 6 math: 46% met the provincial standard
- École élémentaire catholique Georges-Vanier0.4 km
French Catholic · CSDC du Nouvel-Ontario
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area P5A
- Population
- 11,372
- Private dwellings
- 6,275
- Median age
- 60.4
- Average household size
- 1.9
- Median household income
- $50,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Walk Score
Walk
Bike
Scores by Walk Score®
Location
Mortgage Calculator
$220,000
Estimated Monthly Payment
$5,404
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $5,404/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $275/mo
Estimates only. Consult a financial advisor.
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