We use cookies for basic analytics + follow-up. Privacy
We remember this notice, run basic analytics, and use account activity like saved homes and listing views to provide real-estate follow-up. Privacy.
Swipe through similar matches — tap the heart to save, or open one for the full read.
111 Elim LANE
Experience lake living at its finest w this stunning 4-season waterfront cottage on the highly sought-after NW shore of Lac Pelletier near Camp Elim. Perfectly positioned to capture breathtaking sunrise views while enjoying welcome afternoon shade, this exceptional property offers the ideal blend of comfort, recreation & waterfront living. The true showpiece is the impressive shoreline, featuring an oversized deck & dock system, including 1 permanent dock, ideal for boating, swimming & entertaining. Underground sprinklers & 2 storage sheds complete the outdoor package. Built in 2008, this spacious cottage offers 2,964 sq. ft. of living space over 3 levels. The main floor welcomes you w a generous foyer, convenient laundry area & a well-appointed kitchen featuring abundant cabinetry, ample counter space, a corner pantry & full black appliance package. The dining area flows seamlessly into the living room where a gas fireplace w stone accents, spectacular lake views & garden doors leading to the upper deck create an inviting space to gather. The upper level features 3 bedrooms, including a primary retreat w double closets & stunning lake views. A west-facing bedroom offers direct access to a 2nd upper deck, while the main bath is highlighted by a corner jacuzzi tub. The walkout lower level offers excellent flexibility w a self-contained mother-in-law suite complete w its own kitchen, living room, bedroom, 4-piece bath & 3-season sunroom w direct access to the lakefront. A storage area & mechanical room provide added functionality. Additional features include an energy-efficient furnace, air exchanger, NEW on-demand water heater (2024), shared well w abundant water supply, 1,200-gallon septic system, fully landscaped yard & transferable 33-year Camp Elim lease. Whether you’re searching for a year-round home, family getaway or waterfront retreat, this exceptional property offers the space, views & lifestyle that make Lac Pelletier a lake destination. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Family room | 14.9 × 14.7 feet | |
| Sunroom | 14.6 × 11.1 feet | |
| Kitchen | 14.5 × 9 feet | |
| 4pc Bathroom | 8.3 × 5 feet | |
| Bedroom | 12.6 × 11.6 feet | |
| Storage | 16.3 × 10.6 feet | |
| Other | 12.11 × 10.6 feet |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Foyer | 6 × 10.11 feet | |
| Kitchen | 17 × 12.11 feet | |
| Living room | 15 × 14.11 feet | |
| 3pc Bathroom | 8.1 × 7.3 feet | |
| Laundry room | 10.11 × 9.5 feet | |
| Dining room | 12.5 × 9.3 feet |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 14.11 × 14.11 feet | |
| Bedroom | 12.6 × 9.3 feet | |
| Bedroom | 17.7 × 10.1 feet | |
| 3pc Bathroom | 14.2 × 5.8 feet |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
-0.93%
Cap rate
4.68%
GRM
13.9
Break-even rent
$4,930
Financing
Operating expenses (monthly)
Save this analysis — go Pro (free)
Approximation only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
Monthly carrying costs (shared)
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 18, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.