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Copyright © 2026 The Canadian Home Realty Inc.
  • Ontario
  • Faraday
  • Faraday
  • 62 Otter Lake Road
62-otter-lake-road-faraday-ontario-x12434743
62-otter-lake-road-faraday-ontario-x12434743
62-otter-lake-road-faraday-ontario-x12434743
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  • Sold Sold in Oct 2025
  • Detached

62 Otter Lake Road

Faraday, Faraday
  • 2 Bedrooms
  • 1 Bathrooms
  • 0 Garage
  • Share
Sold Price: $ 135,000
2.88%
Listed Price: $ 139,000
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Room Details of 62 Otter Lake Road, Faraday

FloorBedroomsBathrooms
Second 2 1

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Key Facts About 62 Otter Lake Road, Faraday

  • Tax $1,162 / 2025
  • Property Type Residential
  • Building Type Detached
  • Building Style 2-Storey
  • Size 700 - 1100 feet²
  • Lot Size 50 x 149.88 feet
  • Parking 0 garage, 2 parking
  • Basement Unfinished
  • Listing # X12434743
  • Data Source PROPTX
  • Days on Market 14
  • Listed On 30/09/2025
  • Updated On 15/10/2025
  • Market Demand
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Description

A smart choice for the builder/entrepeneur in you at an affordable price. Situated on a small 50' x 149' lot at the end of a dead end road in the Township of Faraday which gives good privacy and easy accesibility to Bancrofts' services & shopping. This home is designed with a combined dining room kitchen and living room on the main floor, and 2 bedrooms & a 4 piece bath on the second storey on a neat fairly private level lot. There is a need for work to be done here so the property is being sold as is. This home has a new electric heat pump

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Property Details of 62 Otter Lake Road, Faraday

Property

  • Property Type Detached
  • Style 2-Storey
  • Fronting On N
  • Community Faraday
  • Municipality Faraday

Inside

  • Bedrooms 2
  • Bathrooms 1
  • Basement Unfinished
  • Kitchen 1
  • Rooms 5
  • Family Rooms N
  • Central Vac N
  • Fireplace N

Utilities

  • Water Well
  • Cooling Central Air
  • Heating Type Heat Pump
  • Heating Fuel Electric

Building

  • Size 700 - 1100 feet²
  • Architecture Style 2-Storey
  • Exterior Feature Wood

Parking

  • Garage 0
  • Parking Places 2
  • Total Parking Places 2

Land

  • Sewer Septic
  • Frontage 50
  • Depth 149.88
  • Zoning Residential
  • Lot Size 50 x 149.88 feet
  • Lot Size Code Feet
  • Cross Street Otter Lake Road and Hwy 28 S

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Rooms

Kitchen (8.53X2.92 metre)
Level: Main
Living Room (8.53X2.92 metre)
Level: Main
Bedroom (2.68X2.7 metre)
Level: Upper
Bedroom (2.31X6.33 metre)
Level: Upper
Bathroom (2.71X2.4 metre)
Level: Upper

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Expense Breakdown

Monthly Mortgage Payment

$0/monthly

30 Year , 3.99% interest

Cash Expenditure for Home Purchase

$1,000

  • Downpayment
    $0
  • PST on Mortgage Insurance
    $0
  • Land Transfer Tax
    $0
  • Lawyer Fees
    $1,000
  • Title Insurance
    $0

Monthly Expenses After Home Purchase

$569

  • Mortgage Payment
    $0
  • Property Insurance
    $50
  • Property Tax
    $250
  • Phone
    $40
  • Monthly debt payments
    $0
  • Cable
    $60
  • Utilities
    $124
  • Internet
    $45
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MLS® Trusted listing from Toronto Real Estate Board The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.

Copyright:© The Canadian Home Realty Inc. All rights reserved. The Canadian Home Realty Inc is a registered real estate brokerage.

About 62 Otter Lake Road, Faraday

Nestled in the tranquil surroundings of Faraday, this charming house for sale in Faraday at 62 Otter Lake Road is an excellent opportunity for builders and entrepreneurs alike. Set on a modest 50' x 150' lot at the end of a peaceful dead-end road, this property offers a delightful blend of privacy and accessibility, making it easy to enjoy the local amenities and services of Bancroft.

The exterior of the house is constructed from wood, giving it a classic and inviting appearance. As you approach the property, you’ll notice the serene setting that surrounds it, perfect for those seeking a quiet retreat while still being close to the conveniences of town. This detached house, styled in a 1 1/2 storey format, features a total of five rooms, including two comfortable bedrooms and a well-appointed four-piece bathroom located on the second storey.

The main floor is designed with an open-concept layout that combines the dining room, kitchen, and living room, creating a welcoming space for family gatherings or entertaining guests. Although the house is currently unfurnished, it presents a blank canvas for you to infuse your personal style and make it your own. The kitchen is functional, providing all the essentials for your culinary adventures, while the lack of an additional kitchen allows for a more straightforward design that maximises space.

While this house for sale in Faraday does require some work, it is a fantastic opportunity for those looking to invest in a property with great potential. The unfinished basement offers ample space for future development, whether you envision a cosy family room or additional storage. Furthermore, the home is equipped with a new electric heat pump, ensuring efficient heating and cooling throughout the year.

One of the key features of this property is its updated roof and a 200 amp electrical breaker panel, providing peace of mind for future homeowners. The house is serviced by a drilled well and a septic system, which are both essential for comfortable living in this area. With central air conditioning, you can enjoy a pleasant indoor climate, even during the warm summer months.

Although there is no garage or central vacuum system, the property does offer parking space for up to two vehicles, making it convenient for residents and guests alike. The absence of a pool and fireplace means that the maintenance of this home is relatively straightforward, allowing you to focus on the enhancements you wish to make.

The location of 62 Otter Lake Road, Faraday, is another significant advantage. Being situated in Hastings, you have the best of both worlds: a peaceful residential area with easy access to the bustling services and shopping options in Bancroft. This community is ideal for those who appreciate the beauty of nature while still wanting to remain connected to urban conveniences.

In summary, this house for sale in Faraday at 62 Otter Lake Road is a smart choice for anyone looking to invest in a property with great potential. With its inviting layout, essential features, and a fantastic location, it offers a unique opportunity to create your dream home. Whether you are a builder looking for a project or an entrepreneur seeking a valuable investment, this property is well worth considering. Don’t miss out on the chance to make this house your own!

Faraday, nestled within the vibrant city of Faraday, offers a unique blend of urban convenience and natural beauty. This charming locale is characterised by its tree-lined streets, picturesque parks, and a rich tapestry of architectural styles that reflect its historical roots. Residents enjoy easy access to a variety of amenities, including quaint cafés, local shops, and cultural attractions, all within a stone's throw. The community is well-connected by public transport, making it an ideal base for exploring the wider city. With a welcoming atmosphere and a strong sense of local identity, Faraday is an inviting place for anyone looking to settle in a lively yet serene environment.

Schools in the Neighbourhood

This property is conveniently located near several reputable schools, making it an ideal choice for families. The closest option is Our Lady of Mercy Catholic School, just 2.6 km away, offering grades JK to 8 and boasting a commendable school rating of 5.9. For secondary education, North Hastings High School is only 2.8 km from the property, providing grades 7 to 12 with an impressive school rating of 4.8. Additionally, York River Public School is situated 3.6 km away, catering to elementary students from JK to 6, although it has a lower rating of 2.5. All schools offer English as the language of study and are part of well-regarded school boards, including the Hastings and Prince Edward District School Board and the Algonquin and Lakeshore Catholic District School Board. This proximity to quality educational institutions enhances the appeal of the property, ensuring that children have access to diverse learning environments and opportunities for academic growth. Overall, the area is well-equipped to meet the educational needs of families, contributing to a vibrant community atmosphere.

FAQs About 62 Otter Lake Road, Faraday

How many bathrooms does this property have?

This property features 1 bathroom(s) and 2 bedroom(s).

Does this 2 bedroom property have additional bedrooms or a den?

This Detached property does not have an additional bedroom or a den.

What is the square footage (sqft) of this Detached property?

The total square footage of this Detached 2 bed property in Faraday is 700 - 1100.

How many parking spaces are available with this property?

62 Otter Lake Road boasts 2 convenient parking spaces.

How many cars can be parked in the garage of 62 Otter Lake Road?

This property does not feature a garage.

What type of garage does this property have?

Information about the garage type is not provided.

Does this property have a basement?

Yes, this property has a basement.

What type of basement is it?

This property features Unfinished basement.

Does this property have a swimming pool?

It is not specified whether this property has a swimming pool.

Does this property have a fireplace?

There is no fireplace in this property.

How many kitchens does this property have?

This property includes 1 kitchen(s).

Is there a maintenance fee associated with this property?

Information about the maintenance fee is not available.

Is this property furnished?

Information about whether this property is furnished is not available.

What type of heating system is in place?

The heating system in place is a Heat Pump.

What utilities are available for this property?

Information about utilities is not available.

School Rating for 62 Otter Lake Road, Faraday

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