2231 Monck Road, Faraday, ON
Property no longer active
This property was sold on January 14, 2025. This listing is for reference purposes only. to view the sold price.
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 $539,000 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 1 Bathroom
- Premium 400 x 120 ft lot size
- Features a full basement, adding superb versatility for recreation, a home gym, or extra storage
- 7.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Primary Bedroom - Main Floor
- Efficient forced air heating via propane
Description
Turn key 3 bedroom (+den) bungalow on a perfectly landscaped 1 acre lot. Enjoy the warm weather at home in your own backyard oasis with in-ground pool (new liner 2023), change room and lounging area with an updated hot tub. The large screened in breezeway takes you out onto the pool deck and grants access to the attached garage with 11.5 foot ceilings and spacious work area as well as two garden sheds in the backyard. The main level features new flooring and updated kitchen with sparkling granite counter tops. The large windows in the living room and eat-in kitchen give scenic views across the road where deer are frequently seen at dusk while neighbouring horses can visit at the backyard fence with no neighbours in sight. The master bedroom features plenty of closet space with views of the pool area. The 2nd bedroom is updated with flooring and fresh drywall. A 3rd bedroom and full bathroom fully updated in 2023 complete the main floor. The basement features a spacious open entertainment room, additional den, huge laundry room, cold room and lots of storage! Welcome to your forever home!
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Property Summary
This detached home located at 2231 Monck Road, Faraday is currently for sale and has been available on SousaSells for 640 days. This property is listed at $539,000 with an estimated mortgage of $1,794* per month. It has 3 beds, 1 bathroom, and is unknown square feet. 2231 Monck Road, Faraday is in the Faraday neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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Primary Bedroom - Main Floor
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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 2231 Monck Road, 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 $539,000 in Faraday, the legal minimum down payment is $28,900 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 $7,255 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 $7,255.
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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.