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 $579,000 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.
Are you looking to escape at all? You have found the one! This unique property features 192.5 acres with 655 feet of water frontage on Laundry Lake. Accessible year round on a private maintained road. There is fantastic severance potential here with the opportunity to potentially sever multiple waterfront lots. There are so many awesome features with this property, including three separate camp sites currently renting seasonally through Airbnb generating $40,000 a year. All three sites have over a 4.9 star review! There is hydro into the property (underground) servicing two of the locations with a 200 amp service, onsite parking, and a newer gravel road into two of the sites. Water is coming in from the lake with a heated waterline already installed. Walk across the boardwalk to the massive private pond for kayaking, canoeing, and views to die for! Or dive right off the dock, 10 feet deep into Laundry Lake. There are trails throughout the property with mixed forest, hard and soft wood. Everything is being sold with the property as viewed including - two 4M Bell tents and one 13 foot diameter Bell tent, three barbecues, two docks, six kayaks, one canoe, two electric fireplaces, 1 incinerator toilet, 2 portable toilets and more! Buy this property for yourself or carry on with the Airbnb set up. Enjoy the wildlife, fishing, trails, swimming and so much more with this fantastic property!
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This vacant land located at 0 Cillca Drive, Faraday is currently for sale and has been available on SousaSells for 478 days. This property is listed at $579,000 with an estimated mortgage of $1,927* per month. It has 0 beds, 0 bathrooms, and is < 700 square feet. 0 Cillca Drive, Faraday is in the Faraday neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Clear View, Lake/Pond, Part Cleared, Rolling, Waterfront, Wooded/Treed
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No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 0 Cillca 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 $579,000 in Faraday, the legal minimum down payment is $32,900 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 $8,055 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 $8,055.
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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.