0 Lower Faraday Road, Faraday, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of Faraday. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $99,000 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 800 x 540 ft lot size
Description
Discover the perfect setting for your future home or cottage retreat on this beautiful 4.23-acre well-treed lot. Located on a quiet year-round road, this property offers excellent privacy, mature mixed forest, and the ideal blend of nature and convenience. With hydro available at the road, you can start planning your build without the added expense of bringing services long distances. Whether you're looking to build now or invest for the future, this property provides endless potential. Enjoy easy access, peaceful surroundings, and the freedom to create the getaway you've always imagined. Just a short drive to nearby lakes, trails, and all the outdoor recreation the area is known for. A fantastic opportunity in a desirable rural setting-come explore and envision the possibilities.
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Property Summary
This vacant land located at 0 Lower Faraday Road, Faraday is currently for sale and has been available on SousaSells for 214 days. This property is listed at $99,000 with an estimated mortgage of $330* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 0 Lower Faraday Road, Faraday is in the Faraday neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 0 Lower Faraday Road, Faraday, ON K0L 1C0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Faraday, ON
For a property listed at $99,000 in Faraday, the legal minimum down payment is $4,950 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 $715 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 $715.
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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.