1056 Lippert Lane, Faraday, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Faraday. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $1,049,999 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.
- 3 Bedrooms and 3 Bathrooms
- Generous living space spanning 1500-2000 sqft on a spacious lot (Feet)
- Features a crawl space, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 10.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Auto Garage Door Remote, Primary Bedroom - Main Floor, Propane Tank
- equipped with central air central cooling and highly efficient forced air heating via propane
Description
Escape the city and embrace year-round lakeside living at 1056 Lippert Lane in beautiful Bancroft. Nestled in one of Ontario's most sought-after lakeside communities, this inviting property combines modern comfort with the natural beauty of waterfront living - offering a lifestyle that's both relaxed and rewarding.Thoughtfully designed, the custom-built 3-bedroom, 3-bathhome features gleaming hardwood floors, a stunning floor-to-ceiling stone gas fireplace, and a bright eat-in kitchen that frames expansive lake views. Enjoy the outdoors from spacious front and side decks, take advantage of a low-maintenance yard, and appreciate the added convenience of a 2-car garage and backup generator. Ideal as a personal retreat or as an investment opportunity, this versatile property offers the option to generate income by sharing your lakeside escape when you're not using it. With the charming village of Bancroft just minutes away, you'll find everything you need - from local shops and dining to year-round recreation - right at your doorstep.
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Key Features
Additional Details
Property Details
Parking & Garage
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Features
Property Features
Interior Features
Auto Garage Door Remote, Primary Bedroom - Main Floor, Propane Tank, Generator - Full, Water Purifier, Water Heater Owned
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 1056 Lippert Lane, Faraday, ON K0L 1C0
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About Purchasing a Home in Faraday, ON
For a property listed at $1,049,999 in Faraday, the legal minimum down payment is $210,000 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 $17,475 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 $17,475.
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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.