51 Siddon Lake Place, Faraday, ON
Property no longer active
This property was sold on June 15, 2026. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Faraday. Expertly crafted featuring premium stone and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $359,900 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.
- 2 Bedrooms and 2 Bathrooms
- Generous living space spanning 700-1100 sqft on a premium 72.54 x 287.37 ft lot
- Features a finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 7.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Sewage Pump, Water Heater Owned
- Efficient baseboard heating via electric
Description
Waterfront Opportunity with Plenty of Potential Set on a peaceful spring-fed lake, this 4-season waterfront home or cottage offers approximately 83 feet of natural shoreline and sits on nearly half an acre with desirable south-west exposure for beautiful sunset views. Featuring 2 bedrooms and 2 full bathrooms, the home provides a solid starting point for those looking to enter the waterfront market. While the property would benefit from updating and improvements, it offers plenty of potential for buyers looking to personalize a waterfront retreat, year-round residence, or weekend getaway. Enjoy lake views from the living areas and bedrooms, and easy access to the water via a gently sloping lot with a few shallow steps leading to the shoreline. The long private driveway provides privacy and ample parking. Short distance to ATV and snowmobile trails along with local amenities. A detached 20' x 24' garage with loft space offers additional storage and plenty of potential for future use. The loft is laid out similarly to a bachelor-style space and includes a roughed-in 2-piece bathroom. Buyers should note that the garage and loft require repairs and updating but may appeal to those looking for a project with future possibilities. A 10' x 10'storage shed provides additional space for tools, recreational gear, and outdoor equipment. Whether you're searching for an affordable waterfront property, a renovation project, with short term rental potential or a cottage with room to add value over time, this property presents an opportunity to create something special in a beautiful lakeside setting. Enjoy swimming, paddling, fishing, or simply relaxing by the water while taking in the peaceful surroundings and stunning sunsets. This is a chance to own waterfront property and make it your own.
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Property Summary
This detached home located at 51 Siddon Lake Place, Faraday is currently for sale and has been available on SousaSells for 56 days. This property is listed at $359,900 with an estimated mortgage of $1,198* per month. It has 2 beds, 2 bathrooms, and is 700-1100 square feet. 51 Siddon Lake Place, Faraday is in the Faraday neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 2 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Faraday, Faraday.
- •2 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •700-1100 sqft of generous functional square footage
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Clear View
- Cul de Sac/Dead End
- Lake Access
- Place Of Worship
- School
- Waterfront
Interior Features
- Sewage Pump
- Water Heater Owned
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 51 Siddon Lake Place, Faraday, ON
Q.What is the asking price for 51 Siddon Lake Place, Faraday, ON ?
The current listing price for 51 Siddon Lake Place, Faraday, ON in Faraday, Faraday is $359,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 2 bedrooms and 2 bathrooms across approximately 700-1100 sqft.
Q.What property type and architectural style is 51 Siddon Lake Place, Faraday, ON ?
51 Siddon Lake Place, Faraday, ON is a Detached (Bungalow) featuring a Finished with Walk-Out basement.
Q.What key property features does 51 Siddon Lake Place, Faraday, ON offer?
Key property features include: Clear View, Cul de Sac/Dead End, Lake Access, Place Of Worship, School, Waterfront.
Q.What interior features are included in this home?
Interior highlights include: Sewage Pump, Water Heater Owned.
Q.Is parking available at this property?
Yes, this property offers parking space for 7.0 vehicles (Detached).
Q.What heating and cooling systems are installed?
Heating is provided via Electric and cooling via None.
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Pricing & Value Insights
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About Purchasing a Home in Faraday, ON
For a property listed at $359,900 in Faraday, the legal minimum down payment is $17,995 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 $3,874 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 $3,874.
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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.