4 Albion Place, Faraday, ON

$600,000
MLS#:X8399372
3 beds
1 baths
700-1100 sqft
4.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow-Raised"] detached located in the coveted neighborhood of Faraday. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $600,000 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 145 x 159.33 ft lot
  • Features a ["crawl space"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available
  • Notable attributes: Water Heater Owned
  • equipped with ["none"] central cooling and highly efficient other heating via wood

Albion Lake - Well maintained cozy 3 bedroom cottage is just a few feet from the water's edge with cedar decks on 2 sides to enjoy the view. Lot is very level with trees on each side for privacy & 145' of clean waterfront. Cottage features open concept living room/dining rm/kitchen, lovely cultured stone fireplace, vaulted cedar ceiling & 4 piece bath. Many outbuildings consist of a 180 sq ft workshop with garage door for your ATV, 112 sq ft bunkie with pine T & G interior, outhouse with composting toilet, 48 sq ft wood shed & pumphouse. Sandpoint well located in pump house has a new pump. 4' block basement is great for storage. Cottage is well insulated. Most furniture & appliances are included NOTE: Dock is not in the water and needs some TLC - replacement cedar boards are in the basement. Albion lake is a smaller quiet lake only 15 minutes from Bancroft and has great bass fishing. Private cottage road is plowed in the winter for easy access.

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Key Features

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

Additional Details

StatusSold
Sold DateOctober 7, 2024
Sold price information is available to members only
Listed Date6/3/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionWood
Lot Size145 × 159.33 Feet
CountyHastings
Annual Tax$2,430.22
Legal DescriptionLT 22 RCP 2330 T/W QR561081 EXCEPT THE EASEMENT THEREIN RE: PT 54 HSR240; TOWNSHIP OF FARADAY; COUNTY OF HASTINGS

Parking & Garage

Parking Spaces4.0
Garage Spaces4
Garage TypeNone

Heating & Cooling

Heat SourceWood
Heat TypeOther
Cooling["None"]

Features

Property Features

Clear View, Waterfront, Wooded/Treed

Community Features

Location

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4 Albion Place, 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 4 Albion Place, Faraday, ON K0L 1C0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$480,000
Monthly Mortgage$2,789
Property Tax (Est.)$203
Utilities & Maint.$350
Total Monthly Cost$3,342

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Faraday.

City & 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$573,327

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%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

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.