349 Siddon Lake Place, Faraday, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Faraday. Expertly crafted featuring premium board & batten and wood construction, this residence presents an exceptional opportunity offered at $640,000 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
- Generous living space spanning 700-1100 sqft on a premium 75 x 249.7 ft lot
- 5.0 total parking spaces available
- Notable attributes: Water Heater Owned, Water Treatment
- equipped with wall unit(s) central cooling and highly efficient baseboard heating via electric
Description
Escape to your own slice of paradise with this stunning, fully renovated cottage on the serene shores of Bentley Lake. Boasting over 700 square feet of thoughtfully designed living space, this 3-bedroom beauty is perfect for first-time buyers, retirees, families, or anyone looking for a charming short-term rental. The versatile loft adds extra room for guests, while the brand-new deck and balcony offer sweeping views of the peaceful bay.Set on a flat, level lot, this property is a dream for families with young children, providing ample space for outdoor games like volleyball and badminton. The safe, spacious grounds are ideal for little ones to splash and play, while Bentley Lake is perfect for kayaking and fishing. Known for its smallmouth bass and yellow perch, the lake also features a floating platform, offering swimmers a unique way to enjoy the water. Completely transformed, this cottage combines modern upgrades with classic charm. Recent renovations include a brand-new kitchen with sleek quartz countertops, top-of-the-line appliances, updated electrical with a 200-amp panel, new plumbing, and a new septic system. Spray foam insulation throughout enhances energy efficiency and comfort, while the crawl space is also insulated to reduce energy costs. A new water pump ensures consistent lake access, while heat pumps and backup baseboard heaters keep you comfortable all year long. New smoke detectors provide added peace of mind.Just a short drive from Bancroft, this property offers the perfect blend of tranquility and convenience, with easy access to local shops and amenities. With plenty of parking and ample space for outdoor recreation, this lakeside retreat is the ideal place to relax, unwind, and create lasting memories. Dont miss out on this fully renovated cottage a true haven for all seasons.
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Property Summary
This detached home located at 349 Siddon Lake Place, Faraday is currently for sale and has been available on SousaSells for 481 days. This property is listed at $640,000 with an estimated mortgage of $2,130* per month. It has 3 beds, 1 bathroom, and is 700-1100 square feet. 349 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
Lake/Pond, Waterfront
Interior Features
Water Heater Owned, Water Treatment
Security Features
Community Features
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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 349 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 $640,000 in Faraday, the legal minimum down payment is $39,000 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 $9,275 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 $9,275.
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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.