Sold for:Sold Oct 6, 2025
$399,000

2162 Bay Lake Road

Faraday, ON K0L 1C0

Detached House SoldNot available
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

Property not available for sale or for rent.

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Sale & Price History for 2162 Bay Lake Road, Faraday

2025-11-03
2026-02-18
Terminated
Price
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2025-09-26
2025-10-06
Sold
Price
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MLS#
x12428710
2025-06-12
2025-08-31
Expired
Price
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2024-07-11
2024-11-30
Expired
Price
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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 2162 Bay Lake Road, Faraday

*** 3 DETACHED HOUSES ON JUST SHY OF AN ACRE WITH 2 SEPARATE LOT #'S (2162 & 2176) INVESTORS, HANYDYMEN AND THOSE WITH AN EYE OF THE MIND!!! Vendor is will to negotiate a Vendor Take Back mortgage. THIS MULTI FAMILY SETTING ON BAY LAKE ROAD JUST 5 MINUTES FROM BANCROFT WITH 3 HOMES A CARPORT, DRIVESHED AND GARDEN SHEDS PROPOSES ITESELF TO ENDLESS OPPORTUNITIES. THIS PROPERTY IS BEING SOLD AS IS AND HAS BEEN VACANT FOR SOME TIME. ALL HOUSE HAVE METAL ROOFS IN GOOD CONDITION. THE MAIN HOUSE IS A BUNGALOW AND THE OTHE 2 HOUSES ARE 1 1/2 STOREY WITH ADDITIONS. PLACED NEATLY ON JUST SHY OF AN ACRE OF PROPERTY ONLY 5 MINUTES TO THE TOWN OF BANCROFT AND ALL THE CONVENIENCES IT HAS TO OFFER...

Key Facts & Features

Property Costs

Annual Property Tax Amount
$2,460
Land Transfer Tax Fee
$4,460

Basement Type
Full

Interior Features

Interior Extras
Storage, Primary Bedroom - Main Floor, Sump Pump
View
Garden
Security Features
Other
Fireplace/Stove
Yes
Elevator
No

Exterior Features

Exterior Extras
Deck, Landscaped, Privacy, Porch, Year Round Living, TV Tower/Antenna, Seasonal Living
Pool
None

Building

Building Type
Detached
Building Style
Other
Approx Age
51-99

Construction

Exterior Finish
Brick Front
Roof
Asphalt Shingle
Foundation Details
Concrete Block
Special Designation
Unknown

Lot

Lot Front
185.00 ft
Lot Depth
0.00 ft

Parking & Garages

Garage Type
Carport
Garage Spaces
4
Parking Spaces
30
Total Garage And Parking Spaces
34

Heating & Cooling

Heat Source
Propane
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Well
Sewers
Septic
Natural Gas
No
Hydro
Yes
Cable
Available
Telephone
Available

Bedrooms
6 + 6
Washrooms
5
Kitchens
3
Family / bonus room
Yes

Room sizes

  • Bathroom—
    Ground level, 4 Pc Bath

Washrooms

  • 4-piece, Main
  • 3-piece, Second

Municipality
Faraday
Neighbourhood
Faraday
Main cross streets
Hwy 62 and Bay Lake Road
Zoning
rural residential
Directions
Hwy 62 south form Bancroft to Bay Lake Rd
Waterfront
WaterfrontCommunity

MLS® number
X12428710
Data source
Toronto Regional Real Estate Board
Status change
2025-10-06
Listed on
2025-09-26
Days on market
10 days
Possession date
2025-10-03
Possession type
Flexible
Co-op commission
2.5
Seller
Listed by
REALTY EXECUTIVES ASSOCIATES LTD.

Home Market Value

Current home valuation for 2162 Bay Lake Road, Faraday, Faraday, ON. Listed for $399,000

HOMEH Estimate

?

$760,324

Estimated Sales Range

?

$532,227 - $988,421

HOMEH Estimate for 2162 Bay Lake Road, Faraday

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$760,324Low confidence
Based on 1 comparable property
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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Faraday, ON
Minimum Down Payment Required:5.0%

5% of purchase price for homes $500K or less

Minimum down payment

$19,950

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$15,162$11,132$9,496$0
=Total mortgage
$394,212$370,232$348,646$319,200
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$1,925monthly$1,808monthly$1,702monthly$1,558monthly
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Land Transfer Tax

Provincial

$4,460

Total Land Transfer Tax

$4,460

Around this home

0/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
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North Hastings

Public·elementary·1.9km

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Our Lady of Mercy

Private·elementary·2.8km

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