25 Siddon Lake Place, Faraday, ON
Property no longer active
This property was sold on April 7, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Faraday. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $475,000 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.
- 1 Bedroom and 1 Bathroom
- Generous living space spanning < 700 sqft on a premium 70 x 274 ft lot
- 4.0 total parking spaces available
- Notable attributes: Water Heater Owned
- Efficient forced air heating via propane
Description
The perfect getaway on Siddon Lake! Just five minutes from the town of Bancroft, this fully renovated four season home OR cottage offers modern comfort in a peaceful, natural setting. With just under 700sqft of well-designed living space. This home features an open concept floor plan with a cozy primary bedroom and a loft space for flexible uses and extra living space. The main floor 3pc bathroom is equipped with a stacking washer and dryer. Enjoy expansive sunny South Westlake views from the bright sunroom or relax on the spacious covered porch overlooking the water. The gently sloping yard leads to a sandy shoreline, perfect for swimming with deep water off the dock. Gather around the fire pit by the lake and soak in the tranquility of your surroundings. A fantastic investment or family cottage. Extensive upgrades have been done within the last 5 years including appliances, HVAC, septic system (set 16 back from the house for possible expansion), decking, sunroom, flooring, drywall, bathroom, kitchen and much more! Siddon Lake is a 23 acre spring fed lake with great Bass fishing. All the work has been done for you, just move in and enjoy this beautifully updated lakeside retreat this summer!
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Property Summary
This detached home located at 25 Siddon Lake Place, Faraday is currently for sale and has been available on SousaSells for 488 days. This property is listed at $475,000 with an estimated mortgage of $1,581* per month. It has 1 bed, 1 bathroom, and is < 700 square feet. 25 Siddon Lake Place, 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
Heating & Cooling
Features
Property Features
Clear View, Lake Access, Lake/Pond
Interior Features
Water Heater Owned
Security Features
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 25 Siddon Lake Place, 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 $475,000 in Faraday, the legal minimum down payment is $23,750 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 $5,975 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 $5,975.
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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.