Was listed for:Terminated Feb 20, 2026
$624,900

224 Bay Shore Drive

Faraday, ON K0L 1C0

Detached House TerminatedNot 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 224 Bay Shore Drive, Faraday

2025-09-19
2026-02-20
Terminated
Price
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MLS#
x12419715

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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 224 Bay Shore Drive, Faraday

Summarized Description

  • Turnkey two-bedroom cottage on Bay Lake.
  • Level entry waterfront with sandy shoreline.
  • Modern septic system and drilled well.
  • Includes a 14 x 20 bunkie for guests.
  • Excellent condition and well maintained.
  • Great swimming for all ages.
  • Less than 15 minutes to Bancroft.
  • Aluminum dock for sunset enjoyment.

Turnkey two bedroom cottage on beautiful Bay Lake. Known for its clean blue water and sandy shoreline, this little gem will surely tick all the boxes. Great swimming for all ages with an level entry waterfront into nice hard packed sandy bottom. Enjoy sunsets on the top quality aluminum dock. The lot is level and open with plenty of room to add a garage or even a volleyball court. The cottage is in excellent condition and has been very well maintained, it's serviced by a modern septic system and a drilled well. It also comes with a 14 x 20 bunkie for extra guests. There's very little maintenance to do here. Less than 15 minutes to Bancroft on a year round hard surface Road. Features include fridge, stove, washer, dryer, and all furnishing as viewed.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$4,033
Land Transfer Tax Fee
$8,973

Basement Type
None

Interior Features

Laundry Level
Main Level
Interior Extras
None
View
Lake, Trees/Woods
Fireplace/Stove
Yes
Fireplace Features
Wood Stove
Elevator
No

Exterior Features

Exterior Extras
Deck, Landscaped, Seasonal Living
Pool
None
Property Features
Place Of Worship, Rec./Commun.Centre, School Bus Route, Waterfront
Other Structures
Shed

Building

Building Type
Detached
Building Style
Bungalow
Approx Age
31-50

Construction

Exterior Finish
Vinyl Siding
Roof
Asphalt Shingle
Foundation Details
Piers
Special Designation
Unknown

Lot

Lot Front
91.63 ft
Lot Depth
200.66 ft
Lot Size
0.439

Inclusions

Inclusions
All furnishings and appliances as viewed. All water crafts including canoe, 2 kayaks, stand up paddle board, paddle boat and BBQ.

Exclusions

Exclusions
Personal belongings and Trampoline.

Parking & Garages

Garage Type
None
Garage Spaces
6
Parking Spaces
6
Total Garage And Parking Spaces
6

Heating & Cooling

Heat Source
Electric
Heat Type
Other
Air Conditioning
None
Water
Well
Sewers
Septic

Bedrooms
2
Washrooms
1
Kitchens
1

Room sizes

  • Kitchen—
    Flat level
  • Great Room—
    Flat level
  • Bedroom—
    Flat level
  • Bedroom 2—
    Flat level
  • Laundry—
    Flat level
  • Bathroom—
    Flat level, 4 Pc Bath

Washrooms

  • 4-piece, Flat

Municipality
Faraday
Neighbourhood
Faraday
Main cross streets
Bay Lake Road & Bay Shore Drive
Zoning
Seasonal Residential
Directions
Bay Lake Road & Bay Shore Drive
Waterfront
Direct

MLS® number
X12419715
Data source
Toronto Regional Real Estate Board
Status change
2026-02-20
Listed on
2025-09-19
Days on market
154 days
Possession type
Flexible
Co-op commission
2.5%
Seller
Listed by
BALL REAL ESTATE INC.

Home Market Value

Current home valuation for 224 Bay Shore Drive, Faraday, Faraday, ON. Listed for $624,900

HOMEH Estimate

?

$584,974

Estimated Sales Range

?

$452,527 - $707,819

HOMEH Estimate for 224 Bay Shore Drive, Faraday

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

$584,974Medium confidence
Based on 13 comparable properties
+ $39,926 (7%) above our estimate
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Faraday, ON
Minimum Down Payment Required:6.0%

5% on first $500K + 10% on $124,900 over $500K

Minimum down payment

$37,490

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$23,496$17,435$14,873$0
=Total mortgage
$610,902$579,845$546,038$499,920
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$2,983monthly$2,831monthly$2,666monthly$2,441monthly
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Land Transfer Tax

Provincial

$8,973

Total Land Transfer Tax

$8,973

Around this home

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