245 Cedar Ridge Trail, Faraday, ON
Property Highlights
Welcome to this remarkable 2-Storey rural residential located in the coveted neighborhood of Faraday. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $1,285,000 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.
- 4 Bedrooms and 2 Bathrooms
- Generous living space spanning 1500-2000 sqft on a premium 450 x 390 ft lot
- 13.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Bar Fridge, Generator - Partial, Primary Bedroom - Main Floor
- equipped with central air central cooling and highly efficient forced air heating via propane
Description
Set on just under 7 pristine acres with over 450 feet of shoreline on highly sought-after Coe Island Lake, this exceptional year-round waterfront retreat offers the perfect blend of luxury, privacy, and recreation. Nestled among the trees for ultimate seclusion, the 4-bedroom, 2-bath home was completely rebuilt in 2024 with quality craftsmanship throughout. Features include a stunning custom kitchen with leathered textured granite countertops, spacious open-concept living, and a breathtaking lake view. Enjoy crystal-clear waters on this limestone-base lake, widely regarded as one of the area's finest. The newly built 32x32 heated shop provides endless possibilities - ideal for storing all the toys, tackling projects, or hosting unforgettable garage gatherings by the lake. A rare opportunity to own a premier waterfront estate in an unbeatable setting
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Property Summary
This rural residential located at 245 Cedar Ridge Trail, Faraday is currently for sale and has been available on SousaSells for 86 days. This property is listed at $1,285,000 with an estimated mortgage of $4,277* per month. It has 4 beds, 2 bathrooms, and is 1500-2000 square feet. 245 Cedar Ridge Trail, 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.Yes! Featuring 4 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Faraday, Faraday.
- •4 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •1500-2000 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Faraday, Faraday.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Golf
- Hospital
- Lake/Pond
- Rolling
- Waterfront
- Terraced
Interior Features
- Bar Fridge
- Generator - Partial
- Primary Bedroom - Main Floor
- Water Heater
Security Features
- Carbon Monoxide Detectors
- Smoke Detector
Community Features
None listed
Frequently Asked Questions about 245 Cedar Ridge Trail, Faraday, ON
Q.What is the asking price for 245 Cedar Ridge Trail, Faraday, ON ?
The current listing price for 245 Cedar Ridge Trail, Faraday, ON in Faraday, Faraday is $1,285,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 4 bedrooms and 2 bathrooms across approximately 1500-2000 sqft.
Q.What property type and architectural style is 245 Cedar Ridge Trail, Faraday, ON ?
245 Cedar Ridge Trail, Faraday, ON is a Rural Residential (2-Storey) featuring a None basement.
Q.What key property features does 245 Cedar Ridge Trail, Faraday, ON offer?
Key property features include: Golf, Hospital, Lake/Pond, Rolling, Waterfront, Terraced.
Q.What interior features are included in this home?
Interior highlights include: Bar Fridge, Generator - Partial, Primary Bedroom - Main Floor, Water Heater.
Q.What security features are installed at 245 Cedar Ridge Trail, Faraday, ON ?
Security features include: Carbon Monoxide Detectors, Smoke Detector.
Q.Is parking available at this property?
Yes, this property offers parking space for 13.0 vehicles (Detached).
Q.What heating and cooling systems are installed?
Heating is provided via Propane and cooling via Central Air.
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Pricing & Value Insights
Data-driven valuation for 245 Cedar Ridge Trail, Faraday, ON K0L 1C0
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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 $1,285,000 in Faraday, the legal minimum down payment is $257,000 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 $22,175 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 $22,175.
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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.