Waterfront homes are already high on the dream list — but what if they could pay you back while you enjoy them? With the right mortgage structure and short-term rental plan, a home like this one on Quirke Lake offers both lifestyle and smart financial returns.

This listing is shared courtesy of Oak Realty Ltd. and with full permission from the Sellers. Below, we’ll walk through a sample mortgage scenario (based on a $1,000,000 purchase), and project realistic Airbnb income potential based on local market rates and occupancy trends.

Scenario: Buying at $1,000,000 with 20% Down

Add estimated taxes, insurance, maintenance = $65,000–$70,000/year carrying cost

Rental Income Possibilities

Using conservative rates for a high-end lakefront short-term rental in Elliot Lake:

Assuming 30% operating costs (management, utilities, maintenance), you’d net around $52,000/year — more than covering the majority of annual ownership expenses.

Lifestyle + Financial Flexibility

Even if you only rent it out part-time, this property gives you options:

• Use it as a family cottage and rent it during peak weeks

• Run it full-time as an investment and block off time for personal use

• Live in it seasonally while earning income the rest of the year

With 5 bedrooms, a sandy shoreline, a full walkout basement, and over 3,000 sf of usable space, this home ticks all the boxes for guests and owners.

Final Thoughts

Quirke Lake is a destination in every season. And with the right mortgage + short-term rental strategy, this home — shared with permission by Oak Realty Ltd. and the Sellers — could be a savvy move for your financial future and your lifestyle.

📩 Want to explore financing or Airbnb income strategies?
Reach out to us at athomewithchar.com or mortgagewithchar.com — we’ll help you crunch the numbers, explore local licensing, and decide if this is the lakefront opportunity for you.

Imagine waking up to mist rising off the lake, hearing loons call at dusk, and swapping congested commutes for forest trails, shoreline walks, and the quiet hum of nature. That’s life at Quirke Lake, in Elliot Lake — not just a summer escape, but a home for all seasons.

This exceptional lakefront property, listed courtesy of Oak Realty Ltd. and shared with permission from the Sellers, is a rare opportunity to live the waterfront lifestyle year-round. With over 3,000 sq ft of finished space, a custom builder’s touch, and direct access to pristine Quirke Lake, this home isn’t just a retreat — it’s a launchpad for your new everyday.

The Home That Works Every Day

Thoughtfully designed and built with comfort in mind, this 5-bedroom, 3-bath bungalow features:

• 10 ft tray ceiling in the great room

• Exquisite custom Europa kitchen cabinetry

• A separated primary wing with ensuite and walk-in

• Lower level with wood stove and rec space

• 780 sq ft heated garage

• Beautiful outdoor living with dock, patios, fire pit, and a sandy lake bottom

This property is more than picturesque — it’s purpose-built for full-time living, with energy efficiency and smart flow throughout.

Why Elliot Lake Works as a Year-Round Home

🌳 Four Seasons of Action

• Winter: Elliot Lake is known for its incredible snowmobiling trails (270+ km groomed), plus ice fishing, skating, and cozy cabin vibes.

• Spring/Fall: Transition seasons are gorgeous — perfect for hiking, photography, and tranquil time outdoors.

• Summer: Quirke Lake is ideal for boating, fishing, paddleboarding, and swimming off the private dock.

🗺 Local Highlights

• Winterfest, Uranium Heritage Days, and Lumberjack Days celebrate community spirit and small-town fun

• Arts on the Trail showcases local creatives throughout the region

• Don’t miss nearby gems like Mississagi Provincial Park, Miners Memorial Park, or Sherriff Creek Wildlife Sanctuary

🛍 City Services Close By

• 15 minutes to downtown Elliot Lake for shops, groceries, dining, and healthcare

• Nearby schools, parks, and community programs round out the lifestyle

Final Word

With natural beauty in all directions, this Quirke Lake property — presented with permission by Oak Realty Ltd. and the Sellers — offers the opportunity to slow down and settle in. Whether you’re retiring in comfort, relocating from the city, or just saying yes to a new rhythm of life, this is the kind of home that turns every season into something special.

📩 Ready to schedule your private showing? Connect with Charlotte today.