$699,000
For sale: Detached

Waterfront SIX REASONS TO BUY: 1. RARE DEEP-WATER SHORELINE: 675 feet of private, cliff-top waterfront with exceptionally clear, weed-free water up to 115 ft (35 m) deep. Swim and fish right off your own dock. 2. A COMPLETE TURNKEY COMPOUND: 3.5 acres of owned land plus 158 acres of co-owned forest, sold as 3 properties together (3 PINs). 9 metal-roofed buildings including a main house and 4 guest cabins, 8 bedrooms, 2 bathrooms, sleeping up to 22, plus two large decks and a private boat dock. 3. FULLY OFF-GRID AND SELF-SUFFICIENT: 2024-installed 50 kW solar power system supplies the property's electricity - no hydro bills. Strong cell signal, internet, hot water and standard plumbing. Newly built 100 m road brings vehicles from hilltop to water's edge; two levelled clearings plus a rock plateau park 30+ vehicles. 4. THREE-SEASON PLAYGROUND: Swimming, boating, fishing, hunting, ATV trails, bonfires and stargazing spring through fall; snowmobile trail access adds winter recreation appeal (buildings are three-season). 5. SECLUDED YET CONVENIENT: Total privacy among forest, cliffs and clear water, yet only 15 minutes to Bancroft's hospital, schools, shopping and restaurants. 6. ENDLESS POSSIBILITIES: Multi-generational family compound, corporate or wellness retreat, youth camp, film location, or group accommodation business in one of Ontario's fastest-growing cottage regions. Short-term rental potential - buyer to verify zoning, licensing and permitted uses. Both properties sold together. All measurements and acreage to be verified by buyer.
Sold data
Detached homes in Faraday took a median of 37 days to sell over the last 365 days, with the quickest quarter selling within 17 days and the slowest quarter taking more than 74, across 37 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 51 days.
The median sale price was $459,900.
Homes sold for about 5.1% below asking on average, so there was room to negotiate.
About 8% of sales closed above the list price.
Around 27% of sellers reduced their price before finding a buyer.
Based on 37 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
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