240 Stringer Drive, Faraday, ON

$1,149,000
MLS#:X13523046
3 beds
3 baths
1500-2000 sqft
6.0 parking
Residential Freehold
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Added:Jul 4, 2026(56 days ago)
Updated:Aug 20, 2026(9 days ago)
Last Checked:20 minutes ago

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Faraday. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $1,149,000 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.

  • 3 Bedrooms and 3 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 533 x 991 ft lot
  • Features a finished with walk-out, full, walk-out, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Auto Garage Door Remote, Carpet Free, ERV/HRV
  • Efficient forced air heating via propane

Description

We are pleased to present this exceptional four season home, situated on over 11 acres with 454 feet of prime west facing waterfront, on Coe Island Lake. Whether you are looking for a year round residence or a private cottage retreat, you will appreciate the pride of ownership displayed throughout this property. From the winding laneway through a mature hardwood forest, to the perfectly situated custom built home, every detail has been considered. The main level features an open floor plan with large windows and patio doors facing the lake, while a covered porch and large deck offer versatile outdoor living space. The full walk-out basement is ideal for guests and includes a cedar sauna, and outside is hot tub to enhance the full relaxation experience. The professionally landscaped gardens and rock pathways lead gracefully to the spectacular waterfront, which features limestone shelves and crystal-clear waters, perfect for bass and splake fishing. The property also boasts a manicured trail system for hiking or ATVs and a heated shop with a finished second level for entertaining. Located just 20 minutes from Bancroft and 2.5 hours from the GTA, this is a truly unique offering.

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Property Summary

This detached home located at 240 Stringer Drive, Faraday is currently for sale and has been available on SousaSells for 56 days. This property is listed at $1,149,000 with an estimated mortgage of $3,825* per month. It has 3 beds, 3 bathrooms, and is 1500-2000 square feet. 240 Stringer Drive, Faraday is in the Faraday neighborhood.

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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 3 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Faraday, Faraday.

Highly Recommended for Families
What We Love About This Home
  • •3 spacious bedroom layout offering versatile living space
  • •3 well-appointed bathrooms
  • •1500-2000 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Families, couples, or downsizers looking for a well-proportioned home in Faraday.

Target Buyer Match

Key Features

Bedrooms
3
Bathrooms
3
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusPrice Change
AddedJul 4, 2026 (56 days ago)
UpdatedAug 20, 2026 (9 days ago)
Last Checked20 minutes ago
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionWood
BasementFinished with Walk-Out, Full, Walk-Out, Finished
Lot Size533 × 991 Feet
CountyHastings
Annual Tax$7,941
Legal DescriptionPT LT 17 CON 8 FARADAY PT 19 TO 23 21R12038 S/T & T/W QR573173 EXCEPT THE EASEMENT THEREIN RE: PT 4 21R11981 S/T QR664728 FARADAY COUNTY OF HASTINGS. PIN# 400590146.

Parking & Garage

Parking Total6.0
Parking Space6
Garage TypeDetached

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingNone

Features

Property Features

  • Hospital
  • Library
  • Place Of Worship
  • Rec./Commun.Centre
  • School
  • Wooded/Treed

Interior Features

  • Auto Garage Door Remote
  • Carpet Free
  • ERV/HRV
  • Generator - Partial
  • Primary Bedroom - Main Floor
  • Sauna
  • Water Heater Owned
  • Water Softener
  • Water Treatment

Security Features

  • Carbon Monoxide Detectors
  • Smoke Detector

Community Features

None listed

Frequently Asked Questions about 240 Stringer Drive, Faraday, ON

Q.What is the asking price for 240 Stringer Drive, Faraday, ON ?

The current listing price for 240 Stringer Drive, Faraday, ON in Faraday, Faraday is $1,149,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 3 bedrooms and 3 bathrooms across approximately 1500-2000 sqft.

Q.What property type and architectural style is 240 Stringer Drive, Faraday, ON ?

240 Stringer Drive, Faraday, ON is a Detached (Bungalow) featuring a Finished with Walk-Out, Full, Walk-Out, Finished basement.

Q.What key property features does 240 Stringer Drive, Faraday, ON offer?

Key property features include: Hospital, Library, Place Of Worship, Rec./Commun.Centre, School, Wooded/Treed.

Q.What interior features are included in this home?

Interior highlights include: Auto Garage Door Remote, Carpet Free, ERV/HRV, Generator - Partial, Primary Bedroom - Main Floor, Sauna, Water Heater Owned, Water Softener, Water Treatment.

Q.What security features are installed at 240 Stringer Drive, Faraday, ON ?

Security features include: Carbon Monoxide Detectors, Smoke Detector.

Q.Is parking available at this property?

Yes, this property offers parking space for 6.0 vehicles (Detached).

Q.What heating and cooling systems are installed?

Heating is provided via Propane and cooling via None.

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Location

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240 Stringer Drive, Faraday, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Faraday, Faraday

SAFETY RATING9.4 / 10
Low Incident Area
Total Annual Incidents35 incidents / yr
Average Per Month2.9 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

8 assaults (30.0/100k)

Property Security
Very Low

8 B&E (30.0/100k)

Auto Theft Risk
Low Risk

10 thefts (35.0/100k)

1-Year Trend
â–¼ 6%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

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.

Source: Official Police Services ArcGIS Open Data
Halton & GTHA Police Network

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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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 240 Stringer Drive, Faraday, ON K0L 1C0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Faraday.

Configure Loan Settings

Interest Rate4.00%
Down Payment$344,700 (30.0%)
* Minimum Canadian down payment required for this price is $229,800.
Amortization Period30 Years
Estimated Monthly Payment$3,825Based on a loan of $804,300 over 30 years.
Purchase Price$1,149,000
Loan Amount$804,300
Provincial Land Transfer Tax:$19,455
Total Estimated Closing Taxes:$19,455

About Purchasing a Home in Faraday, ON

For a property listed at $1,149,000 in Faraday, the legal minimum down payment is $229,800 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 $19,455 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 $19,455.

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Faraday, Faraday Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Faraday, Faraday.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$735,966

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Best Schools in Faraday, Faraday

Elementary Schools

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Secondary Schools

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Faraday, Faraday Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

Need more details or a custom CMA?

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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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