Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Faraday. Expertly crafted featuring premium wood and concrete block construction, this residence presents an exceptional opportunity offered at $499,000 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.
Escape to the timeless charm of this authentic Pan-Abode waterfront retreat, privately nestled among towering pines on the pristine shores of sought-after Jeffrey Lake. Renowned for its clean, deep limestone waters, exceptional swimming, boating, and fishing, Jeffrey Lake is one of the Bancroft area's most treasured waterfront destinations. Set on an elevated lot with spectacular southwesterly views, this classic Canadian cottage offers the perfect blend of character, privacy, and natural beauty. Vaulted ceilings, warm wood interiors, and an impressive wall of lakeside windows fill the open-concept living space with natural light while framing breathtaking views of the lake. A floor-to-ceiling fireplace creates a welcoming focal point, while the spacious kitchen, dining, and living areas flow effortlessly onto an expansive wraparound deck overlooking the water, providing the perfect setting for entertaining, relaxing, and enjoying unforgettable sunsets. The main level offers two bedrooms and a full bathroom, while the walkout lower level provides two additional unfinished bedrooms with excellent potential, along with generous utility and storage space for future customization. A picturesque trail winds down to the waterfront, where a fixed dock and charming dockside bunkie complete the quintessential cottage experience. Whether swimming in the crystal-clear water, heading out for a day on the lake, casting a line, or unwinding at the shoreline, this property invites you to embrace everything waterfront living has to offer. Surrounded by mature forest, exposed limestone and granite, and the rugged beauty of the Canadian Shield, this timeless retreat offers a rare opportunity to preserve the authentic character of a classic Canadian cottage while creating memories that will last for generations.
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Golf, Hospital, Library, Rec./Commun.Centre, School, Waterfront
Carpet Free, 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 88 C Rocky Drive, 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 $499,000 in Faraday, the legal minimum down payment is $24,950 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 $6,455 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 $6,455.
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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.