240 Stringer Drive, Faraday, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Faraday. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $1,199,000 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 3 Bathrooms
- Generous living space spanning 1500-2000 sqft on a premium 533 x 991 ft lot
- Features a finished with walk-out, full, walk-out, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Auto Garage Door Remote, Carpet Free, ERV/HRV
- Efficient forced air heating via propane
Description
We are pleased to present this exceptional four season home, situated on over 11 acres with 454 feet of prime west facing waterfront, on Coe Island Lake. Whether you are looking for a year round residence or a private cottage retreat, you will appreciate the pride of ownership displayed throughout this property. From the winding laneway through a mature hardwood forest, to the perfectly situated custom built home, every detail has been considered. The main level features an open floor plan with large windows and patio doors facing the lake, while a covered porch and large deck offer versatile outdoor living space. The full walk-out basement is ideal for guests and includes a cedar sauna, and outside is hot tub to enhance the full relaxation experience. The professionally landscaped gardens and rock pathways lead gracefully to the spectacular waterfront, which features limestone shelves and crystal-clear waters, perfect for bass and splake fishing. The property also boasts a manicured trail system for hiking or ATVs and a heated shop with a finished second level for entertaining. Located just 20 minutes from Bancroft and 2.5 hours from the GTA, this is a truly unique offering.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Hospital, Library, Place Of Worship, Rec./Commun.Centre, School, Wooded/Treed
Interior Features
Auto Garage Door Remote, Carpet Free, ERV/HRV, Generator - Partial, Primary Bedroom - Main Floor, Sauna, Water Heater Owned, Water Softener, Water Treatment
Security Features
Carbon Monoxide Detectors, Smoke Detector
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 240 Stringer Drive, Faraday, ON K0L 1C0
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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 $1,199,000 in Faraday, the legal minimum down payment is $239,800 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 $20,455 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 $20,455.
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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.