56 Otter Lake Road, Faraday, ON

$299,900
MLS#:X12414596
1 beds
1 baths
700-1100 sqft
2.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow"] mobiletrailer located in the coveted neighborhood of Faraday. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $299,900 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.

  • 1 Bedroom and 1 Bathroom
  • Generous living space spanning 700-1100 sqft on a premium 70.57 x 410 ft lot
  • Features a ["crawl space"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available
  • Notable attributes: None
  • equipped with ["none"] central cooling and highly efficient forced air heating via propane

Peaceful Living Just Minutes from Bancroft! Tucked away from the road for added privacy, this charming residential property features a tranquil, deep pond that sets the scene for serene country living. Just a 5-minute drive from Bancroft, the one-bedroom home offers a bright and airy living space and kitchen, both with picturesque views of the pond and surrounding landscape. Ideal for retirees, singles, or first-time buyers, the home sits on a mostly level lot that's easy to care for. Enjoy the beauty of nature right from your backyard, where local wildlife often makes an appearance, perfect for those who appreciate a quiet, natural setting. Please note: The property is being sold in "as is" condition, with no representations or warranties provided by the Seller.

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Key Features

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

Additional Details

StatusSold
Sold DateNovember 26, 2025
Sold price information is available to members only
Listed Date9/19/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeMobileTrailer
ConstructionVinyl Siding
Lot Size70.57 × 410 Feet
CountyHastings
Annual Tax$1,110
Legal DescriptionLOT 1, RCP 2321 SRO; T/W QR550048; FARADAY, COUNTY OF HASTINGS

Parking & Garage

Parking Spaces2.0
Garage Spaces2
Garage TypeNone

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
Cooling["None"]

Features

Property Features

Lake/Pond, Library, Place Of Worship, Rec./Commun.Centre, School, Wooded/Treed

Community Features

Location

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56 Otter Lake Road, 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 56 Otter Lake Road, 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.

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Financial Audit

Estimated Costs

Loan Amount$239,920
Monthly Mortgage$1,394
Property Tax (Est.)$93
Utilities & Maint.$350
Total Monthly Cost$1,837

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.

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.