62 Otter Lake Road, Faraday, ON

$139,000
MLS#:X12434743
2 beds
1 baths
700-1100 sqft
4.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] detached located in the coveted neighborhood of Faraday. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $139,000 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.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 700-1100 sqft on a premium 50 x 149.88 ft lot
  • Features a ["unfinished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available
  • Notable attributes: Other
  • equipped with ["central air"] central cooling and highly efficient heat pump heating via electric

A smart choice for the builder/entrepeneur in you at an affordable price. Situated on a small 50' x 149' lot at the end of a dead end road in the Township of Faraday which gives good privacy and easy accesibility to Bancrofts' services & shopping. This home is designed with a combined dining room kitchen and living room on the main floor, and 2 bedrooms & a 4 piece bath on the second storey on a neat fairly private level lot. There is a need for work to be done here so the property is being sold as is. This home has a new electric heat pump for heating and cooling, an updated roof, 200 amp electrical breaker panel, full block basement, drilled well, septic system on a really neat lot.

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Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 15, 2025
Sold price information is available to members only
Listed Date9/29/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionWood
Lot Size50 × 149.88 Feet
CountyHastings
Annual Tax$1,161.74
Legal DescriptionLT 2 RCP 2321 SRO; T/W QR587778; FARADAY ; COUNTY OF HASTINGS

Parking & Garage

Parking Spaces4.0
Garage Spaces2
Garage TypeNone

Heating & Cooling

Heat SourceElectric
Heat TypeHeat Pump
Cooling["Central Air"]

Features

Property Features

Community Features

Location

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62 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 62 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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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$111,200
Monthly Mortgage$646
Property Tax (Est.)$97
Utilities & Maint.$350
Total Monthly Cost$1,093

Strategic Fiscal Clarity

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