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.
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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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.Yes! Featuring 3 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Faraday, Faraday.
Families, couples, or downsizers looking for a well-proportioned home in Faraday.
None listed
The current listing price for 240 Stringer Drive, Faraday, ON in Faraday, Faraday is $1,149,000.
This property features 3 bedrooms and 3 bathrooms across approximately 1500-2000 sqft.
240 Stringer Drive, Faraday, ON is a Detached (Bungalow) featuring a Finished with Walk-Out, Full, Walk-Out, Finished basement.
Key property features include: Hospital, Library, Place Of Worship, Rec./Commun.Centre, School, Wooded/Treed.
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.
Security features include: Carbon Monoxide Detectors, Smoke Detector.
Yes, this property offers parking space for 6.0 vehicles (Detached).
Heating is provided via Propane and cooling via None.
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.
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 240 Stringer Drive, 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 $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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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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