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$983,000
Available - For Sale
Listing ID: X10357571
376 Faradale Crt , Faraday, K0L 1C0, Ontario


Winter wonderland. Motivated seller. Winter wonderland. 4+158(co-owned) =162 acres+9 dwellings + 700 feet waterfront/shoreline, last haven on earth from Armageddon for boating , fishing , hunting , just 15 minutes from downtown Bancroft, hospitals, McDonald's, schools and restaurants. Satisfy your dream house or financial aspirations with a lucrative Airbnb business.2. Ultimate Poetry and Faraway Experience:- Nestled among forests, above clear waters, and atop cliffs, this resort like cottage spans 4 acres plus 158 co-owned acres and boasts 675 feet lakefront. The resort like cottage features 9 metal-roof buildings, including 8 bedrooms and 2 bathrooms (1 house, 4 cabins), 2 large decks, and 1 boat dock. Accommodating at most 22 guests, it offers activities such as swimming, fishing, boating, yachting, hunting, bonfires, stargazing, cosmic exploration,ATVing , Snowmobiling .3. **Ontarios Finest Water**:- Swim and fish from the dock in clear, weed-free water, with depths of up to 115 feet (35 meters). Bancroft is Ontarios fastest-growing town with huge potential. High demand for Airbnb properties makes it perfect for investment with 22+ guest capacity .2. Ideal for company retreats, religious gatherings, meditation, yoga, youth camps, film sets, and any event needing privacy for over 24 people.3. Recluses: Enjoy a serene life at the cliff-top lakeside, with the convenience of TIM HORTONS coffee and city cuisine just 15 minutes away.5. Facilities:- Strong mobile signal, internet, electricity, standard toilets, and hot water. A newly built 100-meter road from the hilltop to the lakeside allows cars to reach the waterfront from the top. The property has two blasted hilltops and a large rock platform that can accommodate 30+ cars.6. Features:-2024 built 50KWH solar power system, ensuring you never have to pay for electricity. Coordinates: 45.01352 N, 77.81525 W AWD or 4x4 only for last 2km. 3 seasons .3 lots!
Price $983,000
Taxes: $3130.00
Address: 376 Faradale Crt , Faraday, K0L 1C0, Ontario
Acreage: 100+
Directions/Cross Streets: Hwy 62/ Faradale Dr
Rooms: 8
Bedrooms: 4
Bedrooms +:
Kitchens: 1
Family Room: Y
Basement: None
Approximatly Age: 16-30
Property Type: Detached
Style: 2-Storey
Exterior: Wood
Garage Type: None
(Parking/)Drive: Private
Drive Parking Spaces: 30
Pool: None
Other Structures: Aux Residences, Drive Shed
Approximatly Age: 16-30
Approximatly Square Footage: 2000-2500
Property Features: Waterfront, Wooded/Treed
Fireplace/Stove: Y
Heat Source: Solar
Heat Type: Other
Central Air Conditioning: None
Central Vac: N
Sewers: Septic
Water: Other
Water Supply Types: Lake/River
Schools

2 public & 1 Catholic schools serve this home. Of these, 2 have catchments.

Parks & Rec

2 golf courses and 1 trail are found in major parks near this home.

$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
Down Payment $38,950 $77,900 $116,850 $155,800
First Mortgage $740,050 $701,100 $662,150 $623,200
CMHC/GE $29,602 $21,734.1 $18,540.2 $0
Total Financing $769,652 $722,834.1 $680,690.2 $623,200
Monthly P&I $3,798.09 $3,567.06 $3,359.08 $3,075.38
Expenses $0 $0 $0 $0
Total Payment $3,798.09 $3,567.06 $3,359.08 $3,075.38
Income Required $142,428.5 $133,764.58 $125,965.61 $115,326.72

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
%
Years
$1,922.11
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX REALTRON REALTY INC.
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At a Glance:
Type: Freehold - Detached
Area: Hastings
Municipality: Faraday
Neighbourhood:
Style: 2-Storey
Lot Size: 675.00 x 0.00(Feet)
Approximate Age: 16-30
Tax: $3,130
Maintenance Fee: $0
Beds: 4
Baths: 2
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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