$479,000

For sale

115 West Mullet Lake Drive, Faraday, Ontario, K0L1C0

3 bd1 ba2 pk900 ft²Lot size 25,265 sq ft (0.58 ac)

Listed by Reva Realty Inc.

17 Carfrae Court, Faraday, Ontario, K0L1C0

For saleJust listed

6 days ago

$779K

17 Carfrae Court, Faraday, Ontario, K0L1C0

3 bd2 ba6 pk900 ft²Lot size 112 × 254 ft (28,459 sq ft)

Listed by RE/MAX Professionals North

For sale

12 days ago

$200K

27768 Hwy 28, Faraday, Ontario, K0L1C0

2 bd1 ba3 pk900 ft²Lot size 200 × 150 ft (30,000 sq ft)

Listed by Royal LePage Frank Real Estate

775 Cameron Road, Faraday, Ontario, K0L1P0

For sale

20 days ago

$350K

775 Cameron Road, Faraday, Ontario, K0L1P0

2 bd1 ba10 pk900 ft²Lot size 286 × 1421 ft (9.32 acres)

Listed by Ball Real Estate Inc.

Investment analysis

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$479,000

Faraday

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132 Lower Faraday Road, Faraday - Single Family for Sale

132 Lower Faraday Road, Faraday, Ontario, K0L1C0

3 beds1 bath6 parking1,300 ft²57 × 432 ft (24,624 sq ft) lot sizeListed 103 days ago

Overview

This 3-bedroom, 1-bathroom home in Faraday is for sale offering roughly 1,300 sq ft of space. Its $479,000 asking price sits right in line with the $500,000 median in Faraday. It has been on the market 103 days, fresher than the Faraday average of 132 days.

Houses for Sale in Faraday →All real estate in Faraday →

Description

Experience The Charm Of Cottage-Style Living With This Inviting 3-Bedroom Home (2 Bedrooms Up, 1 Down) Set On A Scenic Waterfront Lot With Beautiful Pond Views And Peaceful Natural Surroundings. Tucked Back From The Road For Added Privacy, This Property Is The Perfect Opportunity To Hop Into The Cottage Lifestyle While Still Enjoying The Comforts Of A Year-Round Home. Inside, You'll Find A Spacious Eat-In Kitchen, A Bright Living Room, And A Sun-Filled Sitting Area Overlooking The Water. Spend Your Days Canoeing, Fishing, Enjoying Breathtaking Sunsets, Or Simply Relaxing While Watching The Wildlife Pass By. Complete With An Attached Double Garage And A Separate Workshop/Shed, This Property Offers An Excellent Blend Of Recreation, Relaxation, And Rural Living. (id:66096)

Property Details

MLS®: X13604270
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 1
Parking: 6
Interior Size: 1,300 ft²
Lot Size: 57 × 432 ft (24,624 sq ft)
Frontage: 57 ft
Storeys: 1
Style: Bungalow
Basement: Partial
Heating: Forced air, Oil
Cooling: None
Garage: Attached Garage, No Garage
Waterfront: Yes
Ownership: Freehold
Property Tax: $1,821.75/yr
Listed: 103 days ago

Rooms

Main level

Living room
Bedroom 3
Family room
Kitchen
Bedroom 2
Dining room
Primary Bedroom

Lower level

Bedroom
Laundry room

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Foundation: Block
Exterior: Vinyl siding
Lot Features: Wooded area, Sloping, Level

Services

Water: Drilled Well
Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

103d

Faraday listings, avg age

132d

Price / ft²

$368

List price

$479K

Homes here sell below asking price

Homes in this market sold for an average of 93.8 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 3-bed single family in Faraday has been listed for 103 days, which is 29 days fresher than the city average of 132. Act while there is still low competition.

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Listed by ROYAL LEPAGE SIGNATURE REALTY · HARRY CHOPRA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0L)

This home lists at $479,000, about 6.1× the local median household income of $79,000.

Carrying it typically needs a household income of about $93,565 (20% down, 25-yr amortization, stress-tested) — roughly 18% above the area median.

Median household income: $79,000
Population: 78,142
Median age: 54
Owner / renter: 88% / 12%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA K0L)

$479,000· $368/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $23,950

Min 5%50%

Mortgage payment$2,523/mo

↳ CMHC premium ($18,202 capitalized)

Property tax (est.)$152/mo

Total monthly$2,675

Cash Needed to Close

Down payment (5%)$23,950

Land transfer tax$6,055

Est. closing costs$3,937

Total cash needed$33,942

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice