56 Otter Lake Road
Faraday, ON K0L 1C0
- 1Bedroom
- 1Bathroom
- 2Garage
- 700–1100Sq Ft
- $1,110Tax
- 71×410 ftLot Size
Estimated Value:$256,843See 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 56 Otter Lake Road, Faraday
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About 56 Otter Lake Road, Faraday
Peaceful Living Just Minutes from Bancroft! Tucked away from the road for added privacy, this charming residential property features a tranquil, deep pond that sets the scene for serene country living. Just a 5-minute drive from Bancroft, the one-bedroom home offers a bright and airy living space and kitchen, both with picturesque views of the pond and surrounding landscape. Ideal for retirees, singles, or first-time buyers, the home sits on a mostly level lot that's easy to care for. Enjoy the beauty of nature right from your backyard, where local wildlife often makes an appearance, perfect for those who appreciate a quiet, natural setting. Please note: The property is being sold in "as is" condition, with no representations or warranties provided by the Seller.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $1,110
- Land Transfer Tax Fee
- $2,974
Rental Items
- Rental Equipment
- 2 propane tanks
- Under Contract
- Propane Tank
- Basement Type
- Crawl Space
Interior Features
- Interior Extras
- None
- View
- Trees/Woods, Water
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Exterior Extras
- Deck, Private Pond, Recreational Area, Seasonal Living, Year Round Living
- Pool
- None
- Property Features
- Lake/Pond, Library, Place Of Worship, Rec./Commun.Centre, School, Wooded/Treed
- Other Structures
- None
Building
- Building Type
- MobileTrailer
- Building Style
- Bungalow
- Approx Age
- 16-30
Construction
- Exterior Finish
- Vinyl Siding
- Roof
- Shingles
- Foundation Details
- Unknown
- Special Designation
- Unknown
Lot
- Lot Front
- 70.57 ft
- Lot Depth
- 410.00 ft
- Lot Size
- 1.6
- Lot Shape
- Irregular
Exclusions
- Exclusions
- Seller's personal items.
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 2
- Parking Spaces
- 2
- Total Garage And Parking Spaces
- 2
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
- 1
- Washrooms
- 1
- Kitchens
- 1
Room sizes
- Living Room—Main level
- Kitchen—Main level
- Primary Bedroom—Main level
- Bathroom—Main level, 4 Pc Bath
Washrooms
- 4-piece, Main
- Municipality
- Faraday
- Neighbourhood
- Faraday
- Main cross streets
- Hwy 28 S to Otter Lake Rd. Left to #56 on the right.
- Zoning
- RR & EP
- Directions
- Hwy 28 S to Otter Lake Rd to ER#56
- Waterfront
- Direct
- MLS® number
- X12414596
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2025-11-26
- Listed on
- 2025-09-19
- Days on market
- 68 days
- Possession type
- Flexible
- Co-op commission
- 2.5% + HST
- Seller
- Listed by
- Bowes & Cocks Limited
Home Market Value
Current home valuation for 56 Otter Lake Road, Faraday, Faraday, ON. Listed for $299,900
HOMEH Estimate
$256,843
Estimated Sales Range
$164,380 - $349,306
HOMEH Estimate for 56 Otter Lake Road, Faraday
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
Estimate based on similar-style homes nearby
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% of purchase price for homes $500K or less
$14,995
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $11,396 | $8,367 | $7,138 | $0 |
=Total mortgage | $296,301 | $278,277 | $262,053 | $239,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $1,447monthly | $1,359monthly | $1,279monthly | $1,171monthly |
Land Transfer Tax
$2,974
$2,974
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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