$230,000
Est. payment $1,018/moCalculate yours
0 Albion Lake Drive, Faraday, ON K0L 1C0
Faraday, Faraday, ON K0L 1C0
Listing courtesy of RE/MAX HALLMARK EASTERN REALTY MLS® X13752414
About this home
Discover the peaceful setting of Albion Place, a friendly waterfront community located just 15 minutes west of Bancroft (aka Mineral Capital of Canada) on Airport Road. This inspiring 10.68-acre wooded property features 966 feet of frontage along Albion Lake Drive, together with deeded access to Albion Lake. The clear, swimmable waters of Albion Lake are are inhabited by native Bass, stocked with Splake, and spring fed via a small stream meandering through the southern portion of this unique, triangle-shaped parcel of land which offers a variety of elevations for a building site and multiple options for a driveway entrance from the road. Mature hardwoods - predominantly maple - provide potential opportunities for both lumber and maple syrup production. The property has been surveyed, and the choice of building site, recreational and business uses are yours to explore and determine, subject to your own investigation and approvals. Please note that Albion Lake Drive is a year-round, private road, maintained by the property owners within the community. For the privacy and protection of the property, please do not walk the land without a scheduled appointment.
Property details
Overview
- Property Type
- Vacant Land
- For
- For Sale
- Status
- New
Lot & Parking
- Lot Size
- 966.42 x 816.09 Feet
- Zoning
- Limited Service Residential
Financial
- Property Taxes
- $18 (2025)
Location
- Neighbourhood
- Faraday
- Cross Street
- Airport Road/Albion Lake Drive
- Direction Faces
- West
Listing
- MLS® Number
- X13752414
- Days on Market
- 40
- Listed On
- 2026-09-08
- Possession
- Flexible
- Listed By
- RE/MAX HALLMARK EASTERN REALTY
Mortgage calculator
Estimated mortgage payment
$1,018 per month
- Principal and interest
- $1,018
- Property tax
- $1
- Condo fees
- $0
- Estimated monthly cost
- $1,020
Your mortgage
- Mortgage amount
- $184,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $121,517
Cash to close
- Down payment
- $46,000
- Land transfer tax
- $2,025
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $48,025
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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