292 Caroline Court, Faraday, ON

$499,000
MLS#:X12822040
Evaluating your home's equity?Sold Guarantee*
3 beds
1 baths
700-1100 sqft
2.0 parking
Residential Freehold
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Property no longer active

This property was sold on August 18, 2026. This listing is for reference purposes only. to view the sold price.

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Added:Feb 23, 2026(187 days ago)
Updated:Aug 18, 2026(11 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 aluminum siding construction, this residence presents an exceptional opportunity offered at $499,000 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 1 Bathroom
  • Generous living space spanning 700-1100 sqft on a premium 100 x 78 ft lot
  • 2.0 total parking spaces available
  • Notable attributes: Other
  • Efficient other heating via wood

Description

Client Remarks Discover Tranquility at This Beautiful Waterfront Cottage! Escape to serenity with this charming 3-season cottage on picturesque Trout Lake. Boasting a spacious open-concept layout, this home features 3 cozy bedrooms and 1 bathroom, filled with abundant natural light-perfect for relaxing and enjoying peaceful lakeside living. Whether you're seeking a tranquil retreat or a cozy getaway, this delightful cottage offers everything you need for an idyllic escape. Embrace the beauty of lakeside tranquility today!

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Property Summary

This detached home located at 292 Caroline Court, Faraday is currently for sale and has been available on SousaSells for 187 days. This property is listed at $499,000 with an estimated mortgage of $1,661* per month. It has 3 beds, 1 bathroom, and is 700-1100 square feet. 292 Caroline Court, Faraday is in the Faraday neighborhood.

* 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 1 bathroom, 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
  • 1 well-appointed bathroom
  • 700-1100 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
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold Conditional
Sold price information is available to members only
AddedFeb 23, 2026 (187 days ago)
UpdatedAug 18, 2026 (11 days ago)
Last Checked20 minutes ago
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionAluminum Siding
BasementNone
Lot Size100 × 78 Feet
CountyHastings
Annual Tax$3,111.24
Legal DescriptionCON 15 PT LOT 11, REG COMP PLAN 2322 LOT 32 & PT LOT 17 PLAN 21R19200 PTS.1, 2, 3, 4 SUBJ TO ROW & TOGE WITH ROW

Parking & Garage

Parking Total2.0
Parking Space2
Garage TypeNone

Heating & Cooling

Heat SourceWood
Heat TypeOther
CoolingNone

Features

Property Features

None listed

Interior Features

  • Other

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 292 Caroline Court, Faraday, ON

Q.What is the asking price for 292 Caroline Court, Faraday, ON ?

The current listing price for 292 Caroline Court, Faraday, ON in Faraday, Faraday is $499,000.

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

This property features 3 bedrooms and 1 bathroom across approximately 700-1100 sqft.

Q.What property type and architectural style is 292 Caroline Court, Faraday, ON ?

292 Caroline Court, Faraday, ON is a Detached (Bungalow) featuring a None basement.

Q.What interior features are included in this home?

Interior highlights include: Other.

Q.Is parking available at this property?

Yes, this property offers parking space for 2.0 vehicles (None).

Q.What heating and cooling systems are installed?

Heating is provided via Wood and cooling via None.

Location

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292 Caroline Court, 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
▼ 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 292 Caroline Court, 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.

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Interest Rate4.00%
Down Payment$149,700 (30.0%)
* Minimum Canadian down payment required for this price is $24,950.
Amortization Period30 Years
Estimated Monthly Payment$1,661Based on a loan of $349,300 over 30 years.
Purchase Price$499,000
Loan Amount$349,300
Provincial Land Transfer Tax:$6,455
Total Estimated Closing Taxes:$6,455

About Purchasing a Home in Faraday, ON

For a property listed at $499,000 in Faraday, the legal minimum down payment is $24,950 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 $6,455 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 $6,455.

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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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