A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, water/lake/river/ocean view for 376 Faradale Crt, Bancroft Ontario K0L 1C0
33 days on Market

376 Faradale Crt, Bancroft, Ontario K0L 1C0

Detached
4
2
~1500-2000 sqft
$•••,•••
$799,000
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Detached
4
2
~1500-2000 sqft

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Highlights

Property Estimate

Days on market33 days

Estimated valueNot available

Price/Sqft$466/sqft

Monthly cost

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Description

Open House: 10 to 2pm , Sat, Aug 9 . 599k until Offer day: 7pm Aug19.Total : 4acres + 158 acres + 9 buildings + 675 feet shoreline , 310k spent on upgrade and renovation . 1. True Poetry and Faraway Serenity: - Secluded tranquility and natural beauty, just 15 minutes from hospitals, McDonald's, schools, shopping centers, and restaurants. A lucrative Airbnb or camp/resort business. 2. The Ultimate Poetry and Faraway Experience: - Nestled among forests, above clear waters, and atop cliffs, this resort like cottage spans 4 acres plus 158 co-owned acres and boasts 675 feet lakefront. The resort like cottage features 9 metal-roof buildings, including 8 bedrooms and 2 bathrooms (1 house, 4 cabins), 2 large decks, and 1 boat dock. Accommodating at most 22 guests, it offers activities such as swimming, fishing, boating, yachting, hunting, bonfires, stargazing,ATVing , Snowmobiling . 3. Ontarios Finest Water: - Swim and fish from the dock in clear, weed-free water, with depths of up to 115 feet (35 meters). . 4. Ideal for: 1. Investors: Bancroft is Ontarios fastest-growing town with huge potential. High demand for Airbnb properties makes it perfect for investment with 22+ guest capacity . 2. Private Companies/Groups: Ideal for company retreats, religious gatherings, meditation, yoga, youth camps, film sets, and any event needing privacy for over 24 people. 3. Recluses: Enjoy a serene life at the cliff-top lakeside, convenience of TIM HORTONS coffee and city cuisine just 15 minutes away. 5. Facilities: - Strong mobile signal, internet, electricity, standard toilets, and hot water. A newly built 100-meter road from the hilltop to the lakeside allows cars to reach the waterfront from the top. The property has two blasted hilltops and a large rock platform that can accommodate 30+ cars. 6. Features: - Equipped with a state-of-the-art 2024 built 50KWH solar power system, never have to pay for electricity. 3 season property but providing winter fun by snowmobiling


Property Details

Style2-Storey
View-
Age of property16-30
SqFt~1500-2000 SqFt
Lot Size-
Parking Spaces30
MLS ®NumberX12322981
Community NameFaraday
Data SourceTRREB
Listing byRE/MAX ELITE REAL ESTATE

Features

Heating: Other
Fireplace

2nd Floor

Br

2.79 x 5.64


Parking

Garage spaces -

Garage type -

Total parking spaces 30


Property listed by RE/MAX ELITE REAL ESTATE, Brokerage
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Market Data - Faraday

Geo Zone Map ThumbnailFaraday

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

40 days

Compared to

2024

84 days

2023

47 days

2022

67 days

New Listings

Past 30 days

3 listings

Compared to

2024

7 listings

2023

2 listings

2022

4 listings

Units sold

Past 30 days

3 units

Compared to

2024

2 units

2023

4 units

2022

3 units

Median Sold Price

Past 30 days

$290,000

Compared to

2024

$670,000

2023

$525,000

2022

$1,220,000


Population and Demographics

Overview

Total population 1589
Average household income $97,943

Age (%)

0 to 19
15%
20 to 34
12%
35 to 49
12%
50 to 64
29%
65 and plus
32%

Household composition (%)

Single family
63%
Single person
33%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
97%
Others
2%
French
1%

House tenancy (%)

Owners
88%
Renters
12%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget