
51 Lucerne Lake Drive
Faraday, ON K0L 2L0
- 5Bedrooms
- 2Bathrooms
- 5Garage
- 1500–2000Sq Ft
- $2,497Tax
- 150×127 ftLot Size
- Estimated Value:$580,819See Free Estimate Report

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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 51 Lucerne Lake Drive, Faraday
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2025-08-29 | 2025-09-26 | Login to See Prices | Sold | x12370389 |
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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 51 Lucerne Lake Drive, Faraday
Welcome to Lucerne Lake! This fully winterized five bedroom, two bathroom home/cottage offers the perfect blend of comfort, style and lakeside living. With 150 feet of private shoreline on a no-motor lake, you'll enjoy peace and quiet with only the sounds of nature as your backdrop - ideal for swimming, kayaking, canoeing, and paddleboarding. This home has been thoughtfully updated throughout, making it completely move-in ready. A brand new kitchen (2023) boasts granite countertops, stainless steel appliances, and a functional design that flows seamlessly into the open concept living and dining area. Gather around the wood stove on cooler evenings or step out to the massive 53'x22' deck, the perfect place to take in sweeping views of the lake. Inside, nearly 2,000 sq ft of finished living space provides room for family and guests. The main floor features three bright bedrooms and a four piece bathroom, while the fully renovated walkout lower level (2025) adds two more bedrooms, a spacious rec room, large storage room, and a laundry area combined with a convenient two piece bath. Outdoors, the property continues to impress with a sandy, shallow beach entry - a rare find - making water access easy for all ages. The setting is private, peaceful, and tailored to both relaxation and recreation. Offered primarily furnished, this property is ready for immediate enjoyment, whether you're looking for a full-time residence, a family getaway, or an investment in waterfront living. Discover your perfect balance of modern upgrades and natural beauty on Lucerne Lake - where every day feels like a vacation!
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $2,497
- Land Transfer Tax Fee
- $10,473
Rental Items
- Rental Equipment
- Propane Tank
- Under Contract
- Propane Tank
- Basement Type
- Finished with Walk-Out, Full
Interior Features
- Laundry Level
- Lower Level
- Interior Extras
- Carpet Free, Guest Accommodations, On Demand Water Heater, Primary Bedroom - Main Floor, Storage, Water Treatment
- View
- Beach, Clear, Lake, Trees/Woods, Water
- Security Features
- Carbon Monoxide Detectors, Smoke Detector
- Fireplace/Stove
- Yes
- Fireplace Features
- Freestanding
- Elevator
- No
Exterior Features
- Exterior Extras
- Deck, Fishing, Landscaped, Privacy, Porch, Year Round Living
- Pool
- None
- Property Features
- Beach, Clear View, Lake/Pond, Level, Waterfront, Wooded/Treed
- Other Structures
- Shed
Building
- Building Type
- Detached
- Building Style
- Bungalow-Raised
Construction
- Exterior Finish
- Wood
- Roof
- Asphalt Shingle
- Foundation Details
- Concrete Block
- Special Designation
- Unknown
Lot
- Lot Front
- 150.00 ft
- Lot Depth
- 127.18 ft
- Lot Size
- 0.44
- Lot Shape
- Irregular
Inclusions
- Inclusions
- Fridge, Stove, Washer, Dryer, Dishwasher, Built-in Microwave, Window Coverings, Light Fixtures, Ceiling Fans, Being sold primarily furnished excluding a few items.
Exclusions
- Exclusions
- Personal Items
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 5
- Parking Spaces
- 5
- Total Garage And Parking Spaces
- 5
Heating & Cooling
- Heat Source
- Propane
- Heat Type
- Forced Air
- Air Conditioning
- None
- Water
- Well
- Sewers
- Septic
- Natural Gas
- No
- Hydro
- Yes
- Cable
- No
- Telephone
- Available
- Bedrooms
- 5
- Washrooms
- 2
- Kitchens
- 1
- Family / bonus room
- Yes
Room sizes
- Kitchen—Main level
- Living Room—Main level
- Dining Room—Main level
- Primary Bedroom—Main level
- Bedroom 2—Main level
- Bedroom 3—Main level
- Bathroom—Main level
- Other—Main level
- Bedroom 4—Lower level
- Bedroom 5—Lower level
- Recreation—Lower level
- Bathroom—Lower level
- Utility Room—Lower level
- Other—Lower level
Washrooms
- 4-piece, Main
- 2-piece, Lower
- Municipality
- Faraday
- Neighbourhood
- Faraday
- Main cross streets
- Bay Lake Road and Lucerne Lake Drive
- Directions
- From Bancroft follow Highway 62 South to the second Bay Lake Road on right, to Lucerne Lake Drive on right - ER # 51
- Waterfront
- Direct
- MLS® number
- X12370389
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2025-09-26
- Listed on
- 2025-08-29
- Days on market
- 28 days
- Possession type
- Immediate
- Co-op commission
- 2.5
- Seller
- Listed by
- BALL REAL ESTATE INC.
Home Market Value
Current home valuation for 51 Lucerne Lake Drive, Faraday, Faraday, ON. Listed for $699,900
HOMEH Estimate
$580,819
Estimated Sales Range
$406,573 - $755,065
HOMEH Estimate for 51 Lucerne Lake Drive, 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 $199,900 over $500K
$44,990
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $26,176 | $19,527 | $16,658 | $0 |
=Total mortgage | $680,582 | $649,437 | $611,573 | $559,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $3,323monthly | $3,171monthly | $2,986monthly | $2,734monthly |
Land Transfer Tax
$10,473
$10,473
Around this home
No schools found nearby
Data provided by OpenStreetMap & Fraser Institute School Rankings
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