371 Albion Lake Drive, Faraday, ON
Property Highlights
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 $54,999 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 101 x 226 ft lot size
Description
Great opportunity to own a 0.5-acre recreational lot with DEEDED ACCESS to Albion Lake. This treed property offers a peaceful setting and is ideal for camping, a trailer, or a nature getaway. Enjoy easy walking access to the lake for swimming, paddling, and fishing while surrounded by nature. Albion lake is stocked with thousands of splake bi-annually and also contains bass and other species. Conveniently located just 20 minutes from Bancroft, this is an affordable opportunity to own your own slice of the outdoors.
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Property Summary
This vacant land located at 371 Albion Lake Drive, Faraday is currently for sale and has been available on SousaSells for 63 days. This property is listed at $54,999 with an estimated mortgage of $183* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 371 Albion Lake 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.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Faraday, Faraday.
- •Desirable Vacant Land architecture in Faraday, Faraday
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Lake Access
- Wooded/Treed
Interior Features
None listed
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 371 Albion Lake Drive, Faraday, ON
Q.What is the asking price for 371 Albion Lake Drive, Faraday, ON ?
The current listing price for 371 Albion Lake Drive, Faraday, ON in Faraday, Faraday is $54,999.
Q.How many bedrooms and bathrooms does this property have?
This property features 0 bedrooms and 0 bathrooms.
Q.What property type and architectural style is 371 Albion Lake Drive, Faraday, ON ?
371 Albion Lake Drive, Faraday, ON is a Vacant Land () featuring a basement.
Q.What key property features does 371 Albion Lake Drive, Faraday, ON offer?
Key property features include: Lake Access, Wooded/Treed.
Q.What heating and cooling systems are installed?
Heating is provided via standard central heat and cooling via .
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
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.
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 371 Albion Lake Drive, Faraday, ON K0L 1C0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Faraday, ON
For a property listed at $54,999 in Faraday, the legal minimum down payment is $2,750 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 $275 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 $275.
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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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