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City in Ontario
Condos for sale under $700K in Faraday
1,612 people lived in Faraday at the 2021 Census, in 755 households. 90% of households owned their home and 10% rented. The most common homes were single-detached houses (92%) and low-rise apartments (1%). 60% of homes were built before 1981, and 9% since 2011. 93% of commuters went to work by car and 0% by public transit.
Faraday, Ontario
© Wikimedia Commons contributors (CC BY-SA)
At a glance
Day to dayLivability
51
Walkability
out of 100 · averaged over 46 past and present listings
Average walk score reported on listings here
4.9
Schools near listings
out of 10 · averaged over 46 past and present listings
Fraser Institute ratings within 2 km of each listing, closer schools weighted more
Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.
What it costsAffordability
Median asking price
$449,950
In Faraday
$449,950
In Ontario
$716,900
Median monthly rent
In Ontario
$2,499
$280
Per square foot
On the marketMarket snapshot
For sale
26
Median $449,950
Houses 26
For rent
0
Recently sold
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Recently leased
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Market data as of 2026-08-16. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.
The honest readPros & cons
What people love
- Lower median sale price than the provincial average
- Affordable rental price
- Decent school ratings
Keep in mind
- Limited amenities in the area
- Walkability could be improved
The feel of the placeLifestyle
Daily life in Faraday is quiet with limited local services. Residents may need to travel for shopping and entertainment.
Within the boundaryWhat's nearby
The boundary
213.1 km²
Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.
1
Parks
1
Playgrounds
1
Restaurants
Counted across all 213.1 km² of Faraday. From OpenStreetMap, as of 2026-10-12.
The schoolsWhich schools, and how they rate
1
Elementary
Cardiff Elementary School
Public · Grades JK–3 · Trillium Lakelands DSB
Not rated
Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Faraday, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.
The peopleWho lives here
1,612
Population (2021)
217.4 km²
Area
7
People per km²
57.1
Median age
$64,506
Median income
90%
Own their home
2.1
People per household
755
Households
Every age
- Children (under 15)10.5%
- Working age (15–64)58.3%
- Seniors (65+)31.2%
What is built here
- Detached houses92.1%
- Semi-detached0.7%
- Low-rise apartments1.3%
- Other attached homes1.3%
Own or rent
90%Owners
10%Renters
Across 755 households
When it was built
Mostly 1961–1980
- 1960 or earlier17%
- 1961–198044%
- 1981–199011%
- 1991–20009%
- 2001–20057%
- 2006–20103%
- 2011–20156%
- 2016–20213%
Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.
- 8.8%
- Born outside Canada
- 14.5%
- Hold a degree or higher
- 39.1%
- Employment rate
- 0%
- Commute by transit
- 92.8%
- Commute by car
- 1.7
- Children per family
- $57,945
- Median income after tax
- $79,815
- Average household income
- 16.6%
- Living on a low income
- $749/mo
- Owners pay, per month
- $390,370
- Median home value at census
- 0%
- Renters spending 30%+ of income on housing
- 14.9%
- Owners spending 30%+ of income on housing
Statistics Canada, Census of Population 2021. Added up from 3 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.
Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, HOMEH school registry, Photo: © Wikimedia Commons contributors (CC BY-SA)
More Homes for Sale in Faraday
26 homes are for sale in Faraday. Browse by neighbourhood or home type below — and get the industry's highest Cashback Rebate when you buy with HOMEH.