Gurvinder Nokwal REALTOR®
For Sale Vacant Land 40 days on market

$230,000

Est. payment $1,018/moCalculate yours

0 Albion Lake Drive, Faraday, ON K0L 1C0

Faraday, Faraday, ON K0L 1C0

Map

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

Minimum for this price: $11,500 (5%)

Amortization, years

Estimated mortgage payment

$1,018 per month

Principal and interest
$1,018
Property tax
$1
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
Total, before legal fees
$48,025
Talk to me about financing

Estimates 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

0 Albion Lake Drive, Faraday, ON K0L 1C0 Faraday, Faraday, ON K0L 1C0
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$230,000 0 Albion Lake Drive, Faraday, ON K0L 1C0
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