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 $395,000 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.
Ready to enjoy this summer! Fully renovated year round home or cottage on a private 0.4 acre property tucked away from big city life, but only 25 minutes from the amenities of Bancroft. 250ft of frontage on the tranquil Lavallee creek with direct lake access from the creek into beautiful Lavallee Lake, which offers amazing lake trout and bass fishing, swimming and boating. On the creek, you have your own private dock and no neighbours across from you. While at the cottage there are no neighbours in sight from any direction! You share the surrounding forest with plenty of wildlife, including deer, wild turkeys, and songbirds of all sorts. The cottage features updated wiring, plumbing, dual flush toilets, drywall, paint, wood-burning stove, soaker tub shower combo, fixtures and t&g pine ceilings. The cozy living room is centred around the wood-stove for those colder evenings with electric baseboard back up. 3 bedrooms and 1.5 bathrooms complete the open concept one level living space. Access to the level yard and waterfront from the deck with an attached screened in porch. The cottage itself is four season with a seasonal road that could be easily maintained privately in the winter months, drilled well, 100 amp service and septic system. Sold fully furnished and turn-key.
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Lake/Pond, River/Stream, Waterfront, Wooded/Treed
Primary Bedroom - Main Floor, Water Heater Owned
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 77B Lavallee Creek Drive, Faraday, ON K0L 1P0
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 $395,000 in Faraday, the legal minimum down payment is $19,750 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 $4,400 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 $4,400.
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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.