644 Bay Lake Road, Faraday, ON

$1,129,000
MLS#:X8451852
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5 beds
3 baths
8.0 parking
Residential Freehold
Sold property - 5 Bed, 3 Bath Home at 644 Bay Lake Road Faraday ON listed at $1,129,000 (MLS# X8451852) - Main View
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This property was sold on July 25, 2024. Listing is for reference only.
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Added:Jun 18, 2024(865 days ago)
Updated:Jul 25, 2024(828 days ago)
Last Checked:25 minutes ago

Property Highlights

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Welcome to this remarkable 2 1/2 Storey detached located in the coveted neighborhood of Faraday. Expertly crafted featuring premium concrete and log construction, this residence presents an exceptional opportunity offered at $1,129,000 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.

  • 5 Bedrooms and 3 Bathrooms
  • Spacious lot size measured in Feet
  • Features a finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
  • 8.0 total parking spaces available
  • Notable attributes: Water Heater Owned
  • equipped with other central cooling and highly efficient forced air heating via ground source

Description

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This Stunning Spacious 4 Season Log Home/Cottage is Located on Quiet & Peaceful Lucerne Lake, only minutes to Bancroft. This Property Comes Fully Furnished and is a Custom Built Scandinavian Designed Chalet, Nestled among Towering Pines. With 4 fireplaces, 3 Full Bathrooms, Large Kitchen, Dining Area, 4 bedrooms, Loft & Finished Lower level that has a Walkout to the Deck, This Property must be Seen to be Fully Appreciated. Down at the Lake, you will find a child friendly sandy beach, New Dock (2022) Peddle boat, canoe and Kayak that are all included. This Property has an Owned Shoreline and is on a non-motorized lake. Privacy Ensured, easy road access, drilled well, full septic. Equipped with a Geo Thermal Heating and Cooling System to Keep Cool and Warm throughout any Season. Located on the Provincial scenic tour for the Whispering Pines, just minutes from Grail Springs Spa. ATV trails and snowmobile trails easily accessible from the cottage. Featured on Cottages in Canada w/Annual income $75k

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Property Summary

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This detached home located at 644 Bay Lake Road, Faraday is currently for sale and has been available for 865 days. This property is listed at $1,129,000 with an estimated mortgage of $3,758* per month. It has 5 beds, 3 bathrooms, and is unknown square feet. 644 Bay Lake Road, 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 5 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Faraday, Faraday.

Highly Recommended for Families
What We Love About This Home
  • •5 spacious bedroom layout offering versatile living space
  • •3 well-appointed bathrooms
  • •Desirable Detached architecture in Faraday, Faraday
Standout Features & Layout
Who Should Buy This Home?

Growing families needing multi-bedroom flexibility and space in Faraday, Faraday.

Target Buyer Match

Key Features

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Bedrooms
5
Bathrooms
3
Kitchens
1
Property Type
Residential Freehold

Additional Details

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StatusSold
Sold DateJuly 25, 2024
Sold price information is available to members only
AddedJun 18, 2024 (865 days ago)
UpdatedJul 25, 2024 (828 days ago)
Last Checked25 minutes ago
Transaction TypeFor Sale

Property Details

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Property Sub-TypeDetached
Architectural Style2 1/2 Storey
ConstructionConcrete, Log
BasementFinished with Walk-Out
CountyHastings
Annual Tax$4,584
Legal DescriptionLT 18 RCP 2281;T/W QR573452; Faraday; County of Hastings

Parking & Garage

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Parking Total8.0
Parking Space8
Garage TypeNone

Heating & Cooling

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Heat SourceGround Source
Heat TypeForced Air
CoolingOther

Features

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Property Features

None listed

Interior Features

  • 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

What is your house worth in Faraday?

This property at 644 Bay Lake Road, 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 644 Bay Lake Road, Faraday, ON

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Q.What is the asking price for 644 Bay Lake Road, Faraday, ON ?

The current listing price for 644 Bay Lake Road, Faraday, ON in Faraday, Faraday is $1,129,000.

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

This property features 5 bedrooms and 3 bathrooms.

Q.What property type and architectural style is 644 Bay Lake Road, Faraday, ON ?

644 Bay Lake Road, Faraday, ON is a Detached (2 1/2 Storey) featuring a Finished with Walk-Out basement.

Q.What interior features are included in this home?

Interior highlights include: Water Heater Owned.

Q.Is parking available at this property?

Yes, this property offers parking space for 8.0 vehicles (None).

Q.What heating and cooling systems are installed?

Heating is provided via Ground Source and cooling via Other.

Location

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644 Bay Lake Road, 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 644 Bay Lake Road, 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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