115 West Mullet Lake Drive, Faraday, ON

$349,000
MLS#:X13067816
3 beds
1 baths
700-1100 sqft
2.0 parking
Residential Freehold
115 West Mullet Lake Drive, Faraday, ON K0L 1C0

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Faraday. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $349,000 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 1 Bathroom
  • Generous living space spanning 700-1100 sqft on a premium 101 x 250 ft lot
  • 2.0 total parking spaces available
  • Notable attributes: Carpet Free, Primary Bedroom - Main Floor
  • Efficient other heating via wood

Description

West Mullet Lake, Bancroft - Welcome to Cottage Country. 100 feet of clean, rocky shoreline on a private half-acre sloping lot. Swim straight off the dock into clear water. This is a traditional three-bedroom cottage with a large deck and a beautiful lakeside view. Gather around the fire pit as the sun goes down. Bring your family, your friends, and your love of the outdoors. There is no light pollution here; the night sky will leave you inspired. Modest and functional. Enviro toilet and privy. The real thing, without the pretense. Lots of inclusions to get you started!

Work with the SOUSA TEAM to unlock your . If we are unable to negotiate your purchase price below asking, we'll rebate you up to $10,000!*

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Property Summary

This detached home located at 115 West Mullet Lake Drive, Faraday is currently for sale and has been available on SousaSells for 96 days. This property is listed at $349,000 with an estimated mortgage of $1,162* per month. It has 3 beds, 1 bathroom, and is 700-1100 square feet. 115 West Mullet Lake Drive, Faraday is in the Faraday neighborhood.

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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 3 bedrooms and 1 bathroom, this home offers ample space and comfort for growing families in Faraday, Faraday.

Highly Recommended for Families
What We Love About This Home
  • 3 spacious bedroom layout offering versatile living space
  • 1 well-appointed bathroom
  • 700-1100 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Families, couples, or downsizers looking for a well-proportioned home in Faraday.

Target Buyer Match

Key Features

Bedrooms
3
Bathrooms
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusPrice Change
Listed Date5/1/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionWood
BasementNone
Lot Size101 × 250 Feet
CountyHastings
Annual Tax$1,963
Legal DescriptionLT 6 RCP 2303; T/W QR136646; FARADAY; COUNTY OF HASTINGS

Parking & Garage

Parking Total2.0
Parking Space2
Garage TypeNone

Heating & Cooling

Heat SourceWood
Heat TypeOther
CoolingNone

Features

Property Features

  • Clear View
  • Lake/Pond
  • Sloping
  • Waterfront
  • Wooded/Treed

Interior Features

  • Carpet Free
  • Primary Bedroom - Main Floor

Security Features

  • None

Community Features

None listed

Frequently Asked Questions about 115 West Mullet Lake Drive, Faraday, ON

Q.What is the asking price for 115 West Mullet Lake Drive, Faraday, ON ?

The current listing price for 115 West Mullet Lake Drive, Faraday, ON in Faraday, Faraday is $349,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 3 bedrooms and 1 bathroom across approximately 700-1100 sqft.

Q.What property type and architectural style is 115 West Mullet Lake Drive, Faraday, ON ?

115 West Mullet Lake Drive, Faraday, ON is a Detached (Bungalow) featuring a None basement.

Q.What key property features does 115 West Mullet Lake Drive, Faraday, ON offer?

Key property features include: Clear View, Lake/Pond, Sloping, Waterfront, Wooded/Treed.

Q.What interior features are included in this home?

Interior highlights include: Carpet Free, Primary Bedroom - Main Floor.

Q.What security features are installed at 115 West Mullet Lake Drive, Faraday, ON ?

Security features include: None.

Q.Is parking available at this property?

Yes, this property offers parking space for 2.0 vehicles (None).

Q.What heating and cooling systems are installed?

Heating is provided via Wood and cooling via None.

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Location

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115 West Mullet Lake Drive, 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 115 West Mullet Lake Drive, Faraday, ON K0L 1C0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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Mortgage & Affordability Audit

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

Configure Loan Settings

Interest Rate4.00%
Down Payment$104,700 (30.0%)
* Minimum Canadian down payment required for this price is $17,450.
Amortization Period30 Years
Estimated Monthly Payment$1,162Based on a loan of $244,300 over 30 years.
Purchase Price$349,000
Loan Amount$244,300
Provincial Land Transfer Tax:$3,710
Total Estimated Closing Taxes:$3,710

About Purchasing a Home in Faraday, ON

For a property listed at $349,000 in Faraday, the legal minimum down payment is $17,450 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 $3,710 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 $3,710.

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Faraday, Faraday 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$735,966

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%

Best Schools in Faraday, Faraday

Elementary Schools

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Secondary Schools

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Faraday, Faraday Demographic Home information

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.