11 Sumac Court, Faraday, ON
Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Faraday. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $699,000 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.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 204 x 145 ft lot
- 4.0 total parking spaces available
- Notable attributes: Primary Bedroom - Main Floor
- Efficient baseboard heating via electric
Description
Experience all four-seasons on beautiful Faraday Lake with this inviting waterfront retreat-where every season brings something special. Set on an impressive 204 feet of pristine shoreline, the property offers deep, clean water perfect for swimming, paddling, and endless summer enjoyment, while the surrounding landscape transforms into a peaceful winter escape ideal for snowshoeing, skating, and cozy fireside evenings. The cottage features three comfortable bedrooms and two full bathrooms. A bright, open-concept living space captures breathtaking lake views and leads seamlessly to a spacious deck overlooking the water-perfect for morning coffee, outdoor dining, or simply soaking in the scenery. Set along the natural slope of the lot, the property does feature a number of stairs, but the payoff is undeniable-elevated, sweeping views of Faraday Lake that truly set this property apart. Each step brings you closer to a perspective that's nothing short of spectacular with large decks to stop and enjoy along the way. Located just 15 minutes from Bancroft, you'll enjoy convenient access to shops, dining, and amenities in every season, all while embracing the privacy and tranquility of lakeside living. Turn-key and ready to enjoy, this is a rare opportunity to own a true year-round waterfront escape designed for making lasting memories all year long.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Waterfront, Wooded/Treed
Interior Features
Primary Bedroom - Main Floor
Security Features
Community Features
Location
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 11 Sumac Court, Faraday, ON K0L 1C0
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About Purchasing a Home in Faraday, ON
For a property listed at $699,000 in Faraday, the legal minimum down payment is $44,900 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 $10,455 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 $10,455.
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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.