294 Albion Lake Drive, Faraday, ON

$399,900
MLS#:X13053012
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3 beds
1 baths
700-1100 sqft
4.0 parking
Residential Freehold
Sold property - 3 Bed, 1 Bath Home at 294 Albion Lake Drive Faraday ON listed at $399,900 (MLS# X13053012) - Main View
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This property was sold on May 19, 2026. Listing is for reference only.
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Added:Apr 28, 2026(186 days ago)
Updated:May 19, 2026(165 days ago)
Last Checked:7 minutes ago

Property Highlights

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Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Faraday. Expertly crafted featuring premium wood and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $399,900 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
  • Generous living space spanning 700-1100 sqft on a premium 100 x 157.19 ft lot
  • Ample parking with 0.0 garage spaces (4.0 total parking spaces)
  • Notable attributes: Carpet Free, Water Heater Owned
  • Efficient other heating via electric

Description

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Enjoy the stunning south-facing views over Albion Lake! This charming 3-season, 3-bedroom cottage offers a cozy retreat with open-concept living space-perfect for gathering with family and friends. The cottage also features a full 3-piece bathroom, sunroom and spacious wrap around deck. Set on a level lot with a firepit, the property is especially well-suited for families with young children, offering plenty of space to play and unwind. Albion Lake is a peaceful haven for canoeing, kayaking, boating, and fishing, Just 15 minutes away, Bancroft provides all the essentials and more, including grocery stores, unique shops, restaurants, a scenic riverside park, local craft breweries, and the popular Eagle's Nest trails.With ATV and snowmobile trails nearby, this property offers a true escape. The privately maintained road is plowed in winter, ensuring convenient year-round access. A wonderful getaway for making lasting family memories.

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Property Summary

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This detached home located at 294 Albion Lake Drive, Faraday is currently for sale and has been available for 186 days. This property is listed at $399,900 with an estimated mortgage of $1,331* per month. It has 3 beds, 1 bathroom, and is 700-1100 square feet. 294 Albion Lake Drive, Faraday is in the Faraday neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 3 bedrooms and 1 bathroom, this home offers ample space and comfort for growing families in Faraday, Faraday.

Highly Recommended for Families
What We Love About This Home
  • •3 spacious bedroom layout offering versatile living space
  • •1 well-appointed bathroom
  • •700-1100 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Families, couples, or downsizers looking for a well-proportioned home in Faraday.

Target Buyer Match

Key Features

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Bedrooms
3
Bathrooms
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

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StatusSold
Sold DateMay 19, 2026
Sold price information is available to members only
AddedApr 28, 2026 (186 days ago)
UpdatedMay 19, 2026 (165 days ago)
Last Checked7 minutes ago
Transaction TypeFor Sale
List Office NameBALL REAL ESTATE INC.

Property Details

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Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionWood , Stucco (Plaster)
BasementNone
Lot Size100 × 157.19 Feet
CountyHastings
Annual Tax$2,364
Rental ItemsNone
Legal DescriptionLT 6 RCP 2330 T/W QR286372; S/T EXECUTION 05-0000318, IF ENFORCEABLE; FARADAY; COUNTY OF HASTINGS

Parking & Garage

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Parking Total4.0
Parking Space4
Garage Parking0.0
Garage TypeNone

Heating & Cooling

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Heat SourceElectric
Heat TypeOther
CoolingNone

Features

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Property Features

  • Lake/Pond
  • Level
  • Wooded/Treed
  • Waterfront

Interior Features

  • Carpet Free
  • Water Heater Owned

Security Features

None listed

Community Features

None listed

Property History

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No historical data available for this property.

This could be the first listing for this address.

Faraday Homeowner & Seller AdvisoryVerified Sold Comp

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This property at 294 Albion Lake Drive, Faraday, ON has closed. If you own a home on this street or nearby in Faraday, recent market trends and verified sold prices directly determine your home equity.

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Frequently Asked Questions about 294 Albion Lake Drive, Faraday, ON

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Q.What is the asking price for 294 Albion Lake Drive, Faraday, ON ?

The current listing price for 294 Albion Lake Drive, Faraday, ON in Faraday, Faraday is $399,900.

Q.How many bedrooms and bathrooms does this property have?

This property features 3 bedrooms and 1 bathroom across approximately 700-1100 sqft.

Q.What property type and architectural style is 294 Albion Lake Drive, Faraday, ON ?

294 Albion Lake Drive, Faraday, ON is a Detached (Bungalow) featuring a None basement.

Q.What key property features does 294 Albion Lake Drive, Faraday, ON offer?

Key property features include: Lake/Pond, Level, Wooded/Treed, Waterfront.

Q.What interior features are included in this home?

Interior highlights include: Carpet Free, Water Heater Owned.

Q.Is parking available at this property?

Yes, this property offers parking space for 4.0 vehicles (None).

Q.What heating and cooling systems are installed?

Heating is provided via Electric and cooling via None.

Location

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294 Albion Lake Drive, Faraday, ON
Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Faraday, Faraday

SAFETY RATING9.4 / 10
Low Incident Area
Total Annual Incidents35 incidents / yr
Average Per Month2.9 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

8 assaults (30.0/100k)

Property Security
Very Low

8 B&E (30.0/100k)

Auto Theft Risk
Low Risk

10 thefts (35.0/100k)

1-Year Trend
â–¼ 6%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Official Police Services ArcGIS Open Data
Halton & GTA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

Pricing & Value Insights

Data-driven valuation for 294 Albion Lake Drive, Faraday, ON K0L 1C0

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Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Faraday, Faraday Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Faraday, Faraday.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$735,966

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Best Schools in Faraday, Faraday

Elementary Schools

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Secondary Schools

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Faraday, Faraday Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.

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