245 Cedar Ridge Trail
Faraday, ON K0L 1C0
- 4Bedrooms
- 2Bathrooms
- 3Garage
- 1500–2000Sq Ft
- $6,000Tax
- 450×390 ftLot Size
Estimated Value:$627,000See Free Estimate Report
Property not available for sale or for rent.
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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 245 Cedar Ridge Trail, Faraday
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2026-05-11 | 2026-09-30 | Login to See Prices | Expired | x13112766 |
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About 245 Cedar Ridge Trail, Faraday
Summarized Description
- Exceptional waterfront retreat on Coe Island Lake
- Completely rebuilt home with quality craftsmanship
- Custom kitchen with leathered granite countertops
- Open-concept living space with stunning views
- Heated shop for versatile use and gatherings
- Nestled on nearly 7 acres for ultimate privacy
- Ideal for year-round living and recreation
- Rare opportunity to own premier waterfront estate
Set on just under 7 pristine acres with over 450 feet of shoreline on highly sought-after Coe Island Lake, this exceptional year-round waterfront retreat offers the perfect blend of luxury, privacy, and recreation. Nestled among the trees for ultimate seclusion, the 4-bedroom, 2-bath home was completely rebuilt in 2024 with quality craftsmanship throughout. Features include a stunning custom kitchen with leathered textured granite countertops, spacious open-concept living, and a breathtaking lake view. Enjoy crystal-clear waters on this limestone-base lake, widely regarded as one of the area's finest. The newly built 32x32 heated shop provides endless possibilities - ideal for storing all the toys, tackling projects, or hosting unforgettable garage gatherings by the lake. A rare opportunity to own a premier waterfront estate in an unbeatable setting
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $6,000
- Land Transfer Tax Fee
- $20,435
Rental Items
- Rental Equipment
- Propane tanks
- Under Contract
- Propane Tank
- Basement Type
- None
Interior Features
- Interior Extras
- Bar Fridge, Generator - Partial, Primary Bedroom - Main Floor, Water Heater
- View
- Forest, Lake
- Security Features
- Carbon Monoxide Detectors, Smoke Detector
- Fireplace/Stove
- Yes
- Fireplace Features
- Family Room, Wood Stove
- Elevator
- No
Exterior Features
- Exterior Extras
- Awnings, Deck, Hot Tub, Privacy, Recreational Area, Year Round Living
- Pool
- None
- Property Features
- Golf, Hospital, Lake/Pond, Rolling, Waterfront, Terraced
- Other Structures
- Storage
Building
- Building Type
- Rural Residential
- Building Style
- 2-Storey
Construction
- Exterior Finish
- Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation Details
- Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 450.00 ft
- Lot Depth
- 390.00 ft
- Lot Size
- 6.89
- Lot Shape
- Irregular
Inclusions
- Inclusions
- Fridge, stove, washer, dryer, hot tub, docks, most furnishings as viewed
Exclusions
- Exclusions
- Personal items
Parking & Garages
- Garage Type
- Detached
- Garage Spaces
- 3
- Parking Spaces
- 10
- Total Garage And Parking Spaces
- 13
Heating & Cooling
- Heat Source
- Propane
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Well
- Sewers
- Septic
- Natural Gas
- No
- Hydro
- Yes
- Cable
- No
- Telephone
- Available
- Bedrooms
- 4
- Washrooms
- 2
- Kitchens
- 1
- Family / bonus room
- Yes
Room sizes
- Living Room—Main level
- Dining Room—Main level
- Kitchen—Main level
- Utility Room—Main level
- Bedroom—Main level
- Foyer—Main level
- Bedroom—Second level
- Bedroom—Second level
- Bedroom—Second level
Washrooms
- 3-piece, Main
- 4-piece, Second
- Municipality
- Faraday
- Neighbourhood
- Faraday
- Main cross streets
- Stringer Dr, Coe Island Lake Rd
- Zoning
- R
- Directions
- Bay Lake Rd, right on Coe Island Lake Rd, then right on Cedar Ridge Trail to #245
- Waterfront
- Direct
- MLS® number
- X13112766
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-09-30
- Listed on
- 2026-05-11
- Days on market
- 142 days
- Possession type
- Immediate
- Co-op commission
- 2.5
- Seller
- Listed by
- CENTURY 21 GRANITE REALTY GROUP INC.
Home Market Value
Current home valuation for 245 Cedar Ridge Trail, Faraday, Faraday, ON. Listed for $1,198,000
HOMEH Estimate
$627,000
Estimated Sales Range
$536,000 - $1,193,130
HOMEH Estimate for 245 Cedar Ridge Trail, Faraday
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $698,000 over $500K
$94,800
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $44,086 | $33,424 | $28,512 | $0 |
=Total mortgage | $1,146,246 | $1,111,624 | $1,046,812 | $958,400 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $5,597monthly | $5,428monthly | $5,111monthly | $4,679monthly |
Land Transfer Tax
$20,435
$20,435
Around this home
No schools found nearby
Data provided by OpenStreetMap & Fraser Institute School Rankings
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