Sold for:Sold Apr 21, 2025
$640,000

349 Siddon Lake Place

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 349 Siddon Lake Place, Faraday

2025-03-22
2025-04-21
Sold
Price
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MLS#
x12036326
2024-12-29
2025-03-22
Suspended
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 349 Siddon Lake Place, Faraday

Escape to your own slice of paradise with this stunning, fully renovated cottage on the serene shores of Bentley Lake. Boasting over 700 square feet of thoughtfully designed living space, this 3-bedroom beauty is perfect for first-time buyers, retirees, families, or anyone looking for a charming short-term rental. The versatile loft adds extra room for guests, while the brand-new deck and balcony offer sweeping views of the peaceful bay.Set on a flat, level lot, this property is a dream for families with young children, providing ample space for outdoor games like volleyball and badminton. The safe, spacious grounds are ideal for little ones to splash and play, while Bentley Lake is perfect for kayaking and fishing. Known for its smallmouth bass and yellow perch, the lake also features a floating platform, offering swimmers a unique way to enjoy the water. Completely transformed, this cottage combines modern upgrades with classic charm. Recent renovations include a brand-new kitchen with sleek quartz countertops, top-of-the-line appliances, updated electrical with a 200-amp panel, new plumbing, and a new septic system. Spray foam insulation throughout enhances energy efficiency and comfort, while the crawl space is also insulated to reduce energy costs. A new water pump ensures consistent lake access, while heat pumps and backup baseboard heaters keep you comfortable all year long. New smoke detectors provide added peace of mind.Just a short drive from Bancroft, this property offers the perfect blend of tranquility and convenience, with easy access to local shops and amenities. With plenty of parking and ample space for outdoor recreation, this lakeside retreat is the ideal place to relax, unwind, and create lasting memories. Dont miss out on this fully renovated cottage a true haven for all seasons.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$2,282
Land Transfer Tax Fee
$9,275

Rental Items

Under Contract
None

Basement Type
None

Interior Features

Interior Extras
Water Heater Owned, Water Treatment
View
Lake
Fireplace/Stove
No
Elevator
No

Exterior Features

Exterior Extras
Deck, Fishing, Patio
Pool
None
Property Features
Lake/Pond, Waterfront

Building

Building Type
Detached
Building Style
2-Storey

Construction

Exterior Finish
Board & Batten , Wood
Roof
Metal
Foundation Details
Piers
Special Designation
Unknown

Lot

Lot Front
75.00 ft
Lot Depth
249.70 ft
Lot Shape
Irregular

Inclusions

Inclusions
Built-in Microwave, Dishwasher, Range Hood, Refrigerator, Stove. All brand new appliances

Parking & Garages

Garage Type
None
Garage Spaces
5
Parking Spaces
5
Total Garage And Parking Spaces
5

Heating & Cooling

Heat Source
Electric
Heat Type
Baseboard
Air Conditioning
Wall Unit(s)
Water
Other
Sewers
Septic
Hydro
Yes
Cable
Yes
Telephone
Yes

Bedrooms
3
Washrooms
1
Kitchens
1

Room sizes

  • Living Room—
    Main level
  • Kitchen—
    Main level
  • Primary Bedroom—
    Main level
  • Bedroom—
    Main level
  • Bathroom—
    Main level
  • Bedroom—
    Second level
  • Loft—
    Second level
  • Utility Room—
    Main level

Washrooms

  • 3-piece, Main

Municipality
Faraday
Neighbourhood
Faraday
Main cross streets
Highway 28 north to Siddon Lake Place
Zoning
SSR
Waterfront
Direct

MLS® number
X12036326
Data source
Toronto Regional Real Estate Board
Status change
2025-04-21
Listed on
2025-03-22
Days on market
30 days
Possession type
Immediate
Co-op commission
2% + HST
Seller
Listed by
Keller Williams Innovation Realty

Home Market Value

Current home valuation for 349 Siddon Lake Place, Faraday, Faraday, ON. Listed for $640,000

HOMEH Estimate

?

$436,678

Estimated Sales Range

?

$344,976 - $528,380

HOMEH Estimate for 349 Siddon Lake Place, Faraday

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

$436,678Medium confidence
Based on 4 comparable properties
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:6.1%

5% on first $500K + 10% on $140,000 over $500K

Minimum down payment

$39,000

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$24,038$17,856$15,232$0
=Total mortgage
$624,998$593,856$559,232$512,000
Amortization
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Payment frequency
=Mortgage payment
$3,052monthly$2,900monthly$2,730monthly$2,500monthly
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Land Transfer Tax

Provincial

$9,275

Total Land Transfer Tax

$9,275

Around this home

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