This property was sold on May 22, 2025. This listing is for reference purposes only. to view the sold price.
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 $519,000 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.
Welcome to 42 Alexander Court, your new home sweet home! This is a lovely home at the end of a quiet street in a neighbourhood just five minutes from Bancroft. It offers 3 bedrooms, 2 bathrooms, an open concept kitchen, living and dining area with 2 of the bedrooms and 1 bath also on the main floor. Walk through the patio door from the dining area to the backyard deck- perfect for summer nights and barbecuing (you will hear the crickets and frogs from a near by pond!). The newly finished basement features an office, rec room, the third bedroom, bathroom, laundry & utility room. The home also has a GenerLink that offers convenience in case of a power outage. Outside, you have a large yard with lots of space for gardens and a lovely 10x10 garden shed, a new (2022) clean and spacious 24x24 garage wired for propane heat with spray foam insulation and hydro. This home is move in ready and waiting for you to come see it in person!
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This detached home located at 42 Alexander Court, Faraday is currently for sale and has been available on SousaSells for 444 days. This property is listed at $519,000 with an estimated mortgage of $1,728* per month. It has 3 beds, 2 bathrooms, and is 1100-1500 square feet. 42 Alexander Court, Faraday is in the Faraday neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Golf, Hospital, Library, Marina, Rec./Commun.Centre, School
Carpet Free, Generator - Partial, Primary Bedroom - Main Floor, Storage, Sump Pump, Suspended Ceilings, Water Heater Owned, Water Treatment
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 42 Alexander Court, Faraday, ON K0L 1C0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Faraday.
About Purchasing a Home in Faraday, ON
For a property listed at $519,000 in Faraday, the legal minimum down payment is $26,900 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 $6,855 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 $6,855.
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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.