0 Albion Lake Drive, Faraday, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of Faraday. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $230,000 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 966.42 x 816.09 ft lot size
Description
Discover the peaceful setting of Albion Place, a friendly waterfront community located just 15 minutes west of Bancroft (aka Mineral Capital of Canada) on Airport Road. This inspiring 10.68-acre wooded property features 966 feet of frontage along Albion Lake Drive, together with deeded access to Albion Lake. The clear, swimmable waters of Albion Lake are are inhabited by native Bass, stocked with Splake, and spring fed via a small stream meandering through the southern portion of this unique, triangle-shaped parcel of land which offers a variety of elevations for a building site and multiple options for a driveway entrance from the road. Mature hardwoods - predominantly maple - provide potential opportunities for both lumber and maple syrup production. The property has been surveyed, and the choice of building site, recreational and business uses are yours to explore and determine, subject to your own investigation and approvals. Please note that Albion Lake Drive is a year-round, private road, maintained by the property owners within the community. For the privacy and protection of the property, please do not walk the land without a scheduled appointment.
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Property Summary
This vacant land located at 0 Albion Lake Drive, Faraday is currently for sale and has been available on SousaSells for 17 days. This property is listed at $230,000 with an estimated mortgage of $766* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 0 Albion Lake Drive, Faraday is in the Faraday neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Faraday, Faraday.
- •Desirable Vacant Land architecture in Faraday, Faraday
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
None listed
Security Features
None listed
Community Features
None listed
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in Faraday?
If you are looking for a house in Faraday or researching Faraday real estate for sale, this vacant land at 0 Albion Lake Drive, Faraday, ON offers an exceptional opportunity to buy a home in Faraday, Ontario. Whether you are a first-time Faraday home buyer or comparing active Faraday MLS® homes for sale, working with a dedicated Faraday buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
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Faraday Buyer Budget & Costs
Estimated mortgage: $766*/month*. Estimated Ontario Land Transfer Tax: $2,025. First-time Faraday home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in Faraday
Frequently Asked Questions about 0 Albion Lake Drive, Faraday, ON
Q.What is the asking price for 0 Albion Lake Drive, Faraday, ON ?
The current listing price for 0 Albion Lake Drive, Faraday, ON in Faraday, Faraday is $230,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 0 bedrooms and 0 bathrooms.
Q.What property type and architectural style is 0 Albion Lake Drive, Faraday, ON ?
0 Albion Lake Drive, Faraday, ON is a Vacant Land () featuring a basement.
Q.What heating and cooling systems are installed?
Heating is provided via standard central heat and cooling via .
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Faraday, Faraday
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 0 Albion Lake Drive, Faraday, ON K0L 1C0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Faraday, ON
For a property listed at $230,000 in Faraday, the legal minimum down payment is $11,500 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $2,025 for this transaction. As this listing is in Faraday (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $2,025.
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