$779,000
Faraday
17 Carfrae Court, Faraday, Ontario, K0L1C0
This 3-bedroom, 2-bathroom home in Faraday is for sale offering roughly 900 sq ft of space. It has been on the market 6 days, fresher than the Faraday average of 132 days.
Welcome to a distinctive waterfront A-frame on the crystal-clear waters of Carfrae Lake, just 15 minutes from Bancroft. Featured in the Toronto Star and operated as an income-producing Airbnb for the past six years, this turnkey retreat offers an inviting blend of cottage-country charm, thoughtful design and established rental history. Numerous upgrades include new appliances, a new steel roof and a new, upgraded electrical panel.Nestled among mature trees, the chalet unfolds over three levels, with natural light and beautiful views throughout. The open-concept main floor features a welcoming living area with a wood-burning fireplace and a modern kitchen with stainless steel appliances, including a dishwasher. Step onto the spacious deck for outdoor dining, entertaining or a quiet moment overlooking the lake. Two second-floor bedrooms open onto a lake-facing balcony, while the bathroom features a rainfall shower and natural pebble flooring. A character-filled third-floor loft adds a cozy space to unwind.Outside, Carfrae Lake's exceptional clarity and limestone bottom make the waterfront a highlight. Enjoy swimming, paddling and peaceful afternoons on this quiet, no-motor lake. Morning coffee comes with the call of the loons; evenings bring lakeside fires and star-filled skies. A cherished setting for proposals, intimate elopements and memorable escapes, this retreat has welcomed guests celebrating some of life's most meaningful moments.Offered turnkey, this property is ready for your own cottage memories, with the added appeal of an established short-term rental history. Explore nearby Bancroft's shops, restaurants, breweries and trails, or settle in and enjoy the slower pace of lake life. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Just listed: 6 days on market, against an average age of 132 days across the listings currently for sale in this city
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.
This 3-bed single family in Faraday has been listed for 6 days, which is 126 days fresher than the city average of 132. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $779,000, about 9.9× the local median household income of $79,000.
Carrying it typically needs a household income of about $152,166 (20% down, 25-yr amortization, stress-tested) — roughly 93% above the area median.
Source: Statistics Canada, 2021 Census (FSA K0L)
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