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

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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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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.
Financial Audit

Estimated Costs

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

Strategic Fiscal Clarity

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