Sold for:Sold Jun 12, 2025
$499,900

5a Raven Lane

Faraday, ON K0L 1C0

Other 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 5a Raven Lane, Faraday

2025-06-03
2025-06-12
Sold
Price
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MLS#
x12192640

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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 5a Raven Lane, Faraday

Welcome to 5A Raven Lane, a charming 3-season lakeside cottage just minutes from Bancroft. This fully furnished 2-bedroom, 1-bath getaway sits on a private 0.25 acre lot with 53 feet of clean, weed-free shoreline on the tranquil Riddell Lake. Freshly renovated and move-in ready, the open-concept interior features a bright kitchen, cozy living and family room, and uninterrupted lake views from nearly every window. Take in the breathtaking sunset, from the claw bathtub overlooking the lake, or walk out from the dining area to a private deck. There is no shortage of great spaces to embrace all that this cottage has to offer. Stay comfortable spring through fall with a wall-mounted electric heating and cooling unit. Outside, enjoy a spacious fire pit/barbecue area with built-in seating, perfect for roasting marshmallows or cooking up dinner with a view. Step down a tier to nearly 400 square feet of private dock, fantastic for entertaining, sunbathing, and launching your included paddle boards (x2), canoe, or paddle boat. The water is deep and clean off the dock, making it perfect for diving and summer fun. Don't stress about furnishing, as everything you need is included, inside and out. Pull into the private driveway offering an abundance of space for parking fitting 6 vehicles comfortably. Whether you're looking for a peaceful retreat, a family cottage, or a hassle-free rental opportunity, 5A Raven Lane offers the turnkey lifestyle you've been waiting for.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$2,030
Land Transfer Tax Fee
$6,473

Rental Items

Rental Equipment
none.

Basement Type
Crawl Space

Interior Features

Interior Extras
Primary Bedroom - Main Floor, Water Heater Owned
View
Lake
Fireplace/Stove
No
Elevator
No

Exterior Features

Exterior Extras
Deck, Fishing, Patio
Pool
None
Property Features
Golf, Hospital, Lake Access, Lake/Pond, Rec./Commun.Centre, School
Other Structures
Garden Shed

Building

Building Type
Other
Building Style
Bungalow
Approx Age
51-99

Construction

Exterior Finish
Aluminum Siding, Vinyl Siding
Roof
Metal
Foundation Details
Piers
Special Designation
Unknown

Lot

Lot Front
35.90 ft
Lot Depth
256.86 ft

Inclusions

Inclusions
Fridge, microwave, stove, AC/Heating, wall unit, hot water tank, bunkbeds, 3 Tvs, all tv mounts and hardware, all indoor & outdoor furniture, window coverings, all ELF. Paddle boat, canoe, stand up paddle boards x2, large floating water mat.

Exclusions

Exclusions
All staging & personal items.

Parking & Garages

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

Heating & Cooling

Heat Source
Electric
Heat Type
Heat Pump
Air Conditioning
Wall Unit(s)
Water
Other
Sewers
Septic
Natural Gas
No
Hydro
Yes
Cable
Available
Telephone
Available

Bedrooms
2
Washrooms
1
Kitchens
1
Family / bonus room
Yes

Room sizes

  • Kitchen—
    Main level, Wood, Vaulted Ceiling(s), W/O To Patio
  • Living Room—
    Main level, Wood, Vaulted Ceiling(s), Combined w/Kitchen
  • Primary Bedroom—
    Main level, Wood, Sliding Doors, Window
  • Bedroom 2—
    Main level, Wood, Window
  • Dining Room—
    Main level, Wood, W/O To Patio, Large Window
  • Family Room—
    Main level, Wood, Sunken Room, Large Window

Washrooms

  • 4-piece, Main

Municipality
Faraday
Neighbourhood
Faraday
Main cross streets
Highway 28 & Monck Rd.
Directions
While heading north on highway 28, turn left onto Monck Rd., Follow Monck Rd to Raven Lane
Waterfront
Direct

MLS® number
X12192640
Data source
Toronto Regional Real Estate Board
Status change
2025-06-12
Listed on
2025-06-03
Days on market
9 days
Possession type
Flexible
Co-op commission
2.5% + HST
Seller
Listed by
RE/MAX JAZZ INC.

Home Market Value

Current home valuation for 5a Raven Lane, Faraday, Faraday, ON. Listed for $499,900

HOMEH Estimate

?

$371,527

Estimated Sales Range

?

$237,777 - $505,277

HOMEH Estimate for 5a Raven Lane, Faraday

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

$371,527Low confidence
Based on 4 comparable properties

Estimate based on similar-style homes nearby

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

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Faraday, ON
Minimum Down Payment Required:5.0%

5% of purchase price for homes $500K or less

Minimum down payment

$24,995

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$18,996$13,947$11,898$0
=Total mortgage
$493,901$463,857$436,813$399,920
Amortization
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%
%
Payment frequency
=Mortgage payment
$2,411monthly$2,265monthly$2,133monthly$1,953monthly
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Land Transfer Tax

Provincial

$6,473

Total Land Transfer Tax

$6,473

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