Sold for:Sold Oct 15, 2025
$139,000

62 Otter Lake Road

Faraday, ON K0L 1C0

Detached House SoldNot available

Property not available for sale or for rent.

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Sale & Price History for 62 Otter Lake Road, Faraday

2025-09-29
2025-10-15
Sold
Price
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MLS#
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.

$106,500Low confidence
Based on 13 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:5.0%

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

Minimum down payment

$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
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Land Transfer Tax

Provincial

$1,115

Total Land Transfer Tax

$1,115

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