12 Birch Point, 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 $494,000 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.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 90 x 264.76 ft lot
- Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Primary Bedroom - Main Floor
- Efficient forced air heating via propane
Description
Looking for an affordable home or cottage on beautiful Bay Lake?!.....then this could be yours! Needs TLC! Only 10 minutes from Bancroft and all the amenities you need! A nice sized home on a good size lot!....with an oversized single car garage! Open concept kitchen/dining and large living room with picturesque windows overlooking the lake! Three Bedrooms.....Primary with it's own 3 piece bath, 2 other nice sized bedrooms plus an additional bathroom....and a main floor laundry room. Crawl space under the whole home gives you lots of storage! Sauna and additional shed are also included! Look forward to sitting on your deck or dock enjoying the lake views!
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Property Summary
This detached home located at 12 Birch Point, Faraday is currently for sale and has been available on SousaSells for 283 days. This property is listed at $494,000 with an estimated mortgage of $1,644* per month. It has 3 beds, 2 bathrooms, and is 1100-1500 square feet. 12 Birch Point, Faraday is in the Faraday neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
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Features
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Lake/Pond
Interior Features
Primary Bedroom - Main Floor
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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 12 Birch Point, 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 $494,000 in Faraday, the legal minimum down payment is $24,700 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 $6,355 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 $6,355.
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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.