310 Pipe Lake Drive, Faraday, ON
Property no longer active
This property was sold on August 12, 2024. 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 $399,000 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 100 x 261 ft lot size
- 7.0 total parking spaces available
- Notable attributes: None
- Efficient other heating via wood
Description
Your serene lakeside retreat awaits! This charming 3-bedroom, 1 bathroom cottage offers the perfect escape from the hustle and bustle of daily life. Set on the shores of motor-free pipe lake, ensuring peace and tranquility on your sandy beach or new dock. An inviting open-concept living space is set around the wood stove. The seamless flow from the living area to the deck and the dining/kitchen spaces makes entertaining a breeze. Sand beach, private dock and a new floating swim raft await, providing easy access to the pristine waters for those who enjoy spending time on the lake. Whether you're swimming, fishing, or simply relaxing by the water, this cottage is the ideal spot for creating lasting memories. Private road, septic and drilled well.
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Property Summary
This detached home located at 310 Pipe Lake Drive, Faraday is currently for sale and has been available on SousaSells for 766 days. This property is listed at $399,000 with an estimated mortgage of $1,328* per month. It has 3 beds, 1 bathroom, and is unknown square feet. 310 Pipe Lake Drive, 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
Wooded/Treed, Waterfront, Lake Access, Clear View
Interior Features
None
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 310 Pipe Lake Drive, 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 $399,000 in Faraday, the legal minimum down payment is $19,950 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 $4,460 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 $4,460.
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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.