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Welcome to this remarkable vacant land located in the coveted neighborhood of Faraday. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $195,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
This spacious 2+ acre lot is just a short walk to beautiful Bay Lake and only a 3-minute drive to Bancroft. Located on a year-round, township-maintained road with hydro and internet access available. The property previously had a building permit and features a cleared area ready for construction, surrounded by mature trees for added privacy. A drilled well is already in place with a well inspection completed November 2024, offering an excellent water supply. This is your chance to own the perfect piece of land to build your dream home or cozy cottage retreat. Whether you're planning a year-round residence or a seasonal getaway, this lot offers natural tranquility with amenities close by.
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The current listing price for 1805 Bay Lake Road, Faraday, ON in Faraday, Faraday is $195,000.
This property features 0 bedrooms and 0 bathrooms.
1805 Bay Lake Road, Faraday, ON is a Vacant Land () featuring a basement.
Key property features include: Wooded/Treed.
Interior highlights include: None.
Security features include: None.
Heating is provided via standard central heat and cooling via .
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Faraday, Faraday
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
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This could be the first listing for this address.
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Data-driven valuation for 1805 Bay Lake Road, Faraday, ON K0L 1C0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Faraday.
About Purchasing a Home in Faraday, ON
For a property listed at $195,000 in Faraday, the legal minimum down payment is $9,750 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $1,675 for this transaction. As this listing is in Faraday (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $1,675.
Comprehensive city-wide demographics, local real estate stats, and school rankings for Faraday, Faraday.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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