
62 Otter Lake Road
Faraday, ON K0L 1C0
- 2Bedrooms
- 1Bathroom
- 2Garage
- 700–1100Sq Ft
- $1,162Tax
- 50×150 ftLot Size
- Estimated Value:$106,500See Free Estimate Report

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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 62 Otter Lake Road, Faraday
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2025-09-29 | 2025-10-15 | Login to See Prices | Sold | x12434743 |
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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 62 Otter Lake Road, Faraday
A smart choice for the builder/entrepeneur in you at an affordable price. Situated on a small 50' x 149' lot at the end of a dead end road in the Township of Faraday which gives good privacy and easy accesibility to Bancrofts' services & shopping. This home is designed with a combined dining room kitchen and living room on the main floor, and 2 bedrooms & a 4 piece bath on the second storey on a neat fairly private level lot. There is a need for work to be done here so the property is being sold as is. This home has a new electric heat pump for heating and cooling, an updated roof, 200 amp electrical breaker panel, full block basement, drilled well, septic system on a really neat lot.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $1,162
- Land Transfer Tax Fee
- $1,115
- Basement Type
- Unfinished
Interior Features
- Interior Extras
- Other
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
Building
- Building Type
- Detached
- Building Style
- 2-Storey
Construction
- Exterior Finish
- Wood
- Roof
- Metal
- Foundation Details
- Block
- Special Designation
- Unknown
Lot
- Lot Front
- 50.00 ft
- Lot Depth
- 149.88 ft
- Lot Size
- 0.161
- Lot Shape
- Rectangular
Inclusions
- Inclusions
- fridge, stove
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 2
- Parking Spaces
- 2
- Total Garage And Parking Spaces
- 4
Heating & Cooling
- Heat Source
- Electric
- Heat Type
- Heat Pump
- Air Conditioning
- Central Air
- Water
- Well
- Sewers
- Septic
- Bedrooms
- 2
- Washrooms
- 1
- Kitchens
- 1
Room sizes
- Kitchen—Main level, Combined w/Dining
- Living Room—Main level
- Bedroom—Upper level
- Bedroom—Upper level
- Bathroom—Upper level
Washrooms
- 4-piece
- Municipality
- Faraday
- Neighbourhood
- Faraday
- Main cross streets
- Otter Lake Road and Hwy 28 S
- Zoning
- Residential
- Directions
- From Bancroft take Hwy 28 S to Otter Lake Road, turn left, go the end of the road on right
- MLS® number
- X12434743
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2025-10-15
- Listed on
- 2025-09-29
- Days on market
- 16 days
- Possession date
- 2025-10-17
- Possession type
- Immediate
- Co-op commission
- 2.5% + HST
- Seller
- Listed by
- SHARON WHITE REAL ESTATE LTD.
Home Market Value
Current home valuation for 62 Otter Lake Road, Faraday, Faraday, ON. Listed for $139,000
HOMEH Estimate
$106,500
Estimated Sales Range
$74,550 - $138,450
HOMEH Estimate for 62 Otter Lake Road, 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% of purchase price for homes $500K or less
$6,950
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $5,282 | $3,878 | $3,308 | $0 |
=Total mortgage | $137,332 | $128,978 | $121,458 | $111,200 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $671monthly | $630monthly | $593monthly | $543monthly |
Land Transfer Tax
$1,115
$1,115
Around this home
No schools found nearby
Data provided by OpenStreetMap & Fraser Institute School Rankings
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