800 Jeffrey Lake Road, Faraday, ON

$674,999
MLS#:X11882745
3 beds
2 baths
1500-2000 sqft
12.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Faraday. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $674,999 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 2 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 275.2 x 284.61 ft lot
  • Features a walk-out, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 12.0 total parking spaces available with a convenient built-in configuration
  • Notable attributes: Water Softener
  • Efficient forced air heating via propane

Description

Welcome to your dream home and lifestyle! Nestled on a sprawling 1.35-acre property, this exceptional property offers a serene escape with exclusive deeded access shared with only six neighboring homes. Just minutes away from Jeffrey Lake, bordered by 560 acres of Crown land, boasting two more pristine lakes. Built in 2013/14, this modern home boasts an open-concept design, featuring a spacious family room that can effortlessly transform into a separate rental unit with its own access. The kitchen is adorned with custom cupboards crafted from wood harvested right on-site. On the main floor, you'll find two bathrooms for added convenience, along with a main floor laundry and central vacuum system. The unfinished walk-out basement presents endless possibilities for rental income or an in-law suite, offering flexibility and versatility to suit your needs. Outside, enjoy the convenience of an attached insulated double car garage and two additional outdoor sheds for all your storage needs. Your furry friends will love the vast fully fenced yard, while you relax and unwind on the screened porch, perfect for three-season enjoyment. This home seamlessly blends countryside living with modern practicality, boasting expansive windows that frame breathtaking views of the surrounding nature. Spend evenings gathered around the flagstone firepit area stargazing and roasting marshmallows. Embrace your very own cozy private retreat, surrounded by abundant wildlife and tranquility. Conveniently just minutes from Bancroft, you'll have easy access to amenities while still relishing in the harmonious blend of contemporary design and natural splendor offered by this extraordinary property. Venture out and explore the extensive network of Crown land trails, ideal for nature walks or ATV adventures, while surrounded by large, aged oak and maple trees, perfect for tapping during maple syrup season this rare opportunity to experience the ultimate in countryside living.

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Property Summary

This detached home located at 800 Jeffrey Lake Road, Faraday is currently for sale and has been available on SousaSells for 588 days. This property is listed at $674,999 with an estimated mortgage of $2,247* per month. It has 3 beds, 2 bathrooms, and is 1500-2000 square feet. 800 Jeffrey Lake Road, Faraday is in the Faraday neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 17, 2025
Sold price information is available to members only
Listed Date12/5/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionVinyl Siding
BasementWalk-Out, Unfinished
Lot Size275.2 × 284.61 Feet
CountyHastings
Annual Tax$4,300.59
Legal DescriptionPT LT 8 CON 10 FARADAY PT 1 21R10739; T/W QR437932; FARADAY ; COUNTY OF HASTINGS

Parking & Garage

Parking Spaces12.0
Garage Spaces10
Garage TypeBuilt-In

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingNone

Features

Property Features

Interior Features

Water Softener

Security Features

Other

Community Features

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Location

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800 Jeffrey Lake Road, Faraday, ON
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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 800 Jeffrey Lake Road, Faraday, ON K0L 1C0

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.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Faraday.

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Interest Rate4.00%
Down Payment$202,500 (30.0%)
* Minimum Canadian down payment required for this price is $42,500.
Amortization Period30 Years
Estimated Monthly Payment$2,247Based on a loan of $472,499 over 30 years.
Purchase Price$674,999
Loan Amount$472,499
Provincial Land Transfer Tax:$9,975
Total Estimated Closing Taxes:$9,975

About Purchasing a Home in Faraday, ON

For a property listed at $674,999 in Faraday, the legal minimum down payment is $42,500 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 $9,975 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 $9,975.

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City & 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$669,385

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%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

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.