245 Cedar Ridge Trail, Faraday, ON K0L 1C0

For Sale 2 days on Market MLS® X13112766

Asking Price

$1,325,000

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245 Cedar Ridge Trail, Faraday, ON K0L 1C0

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Overview

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Set on just under 7 pristine acres with over 450 feet of shoreline on highly sought-after Coe Island Lake, this exceptional year-round waterfront retreat offers the perfect blend of luxury, privacy, and recreation. Nestled among the trees for ultimate seclusion, the 4-bedroom, 2-bath home was completely rebuilt in 2024 with quality craftsmanship throughout. Features include a stunning custom kitchen with leathered textured granite countertops, spacious open-concept living, and a breathtaking lake view. Enjoy crystal-clear waters on this limestone-base lake, widely regarded as one of the area's finest. The newly built 32x32 heated shop provides endless possibilities - ideal for storing all the toys, tackling projects, or hosting unforgettable garage gatherings by the lake. A rare opportunity to own a premier waterfront estate in an unbeatable setting

Bedrooms

Bathrooms

2.0

Area

1,750 sqft

Lot Size

4.0 acres

Type

Rural Residential

Property Details

Year BuiltNot Disclosed

CityFaraday

Postal CodeK0L1C0

Lot Dimensions450.00 × 390.00 ft

Parking13 spaces

Interior Features

Heat: Forced Air

Heat Source: Propane

Cooling: Central Air

Style: 2-Storey

Exterior & Land

Sewer: Septic

Construction: Vinyl Siding

Roof: Asphalt Shingle

Utilities & Services

Heat SourcePropane

SewerSeptic

Financial Information

List Price$1,325,000

Annual Taxes$6,000 (2026)

Days on Market2

MLS® X13112766 • Listed by CENTURY 21 GRANITE REALTY GROUP INC.

245 Cedar Ridge Trail, Faraday, ON K0L 1C0

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Purchase Calculator

Home Price

$1,325,000.00

Location

Down Payment

$278,250.00

Payment Frequency

⚙️ Rate

Your mortgage interest rate can either be Fixed for the term or Variable.

Rate

4.70%

Rate Term

🧾 Amortization

30 years

Scenario Options

First-time Buyer

Newly Built

Insured Prefer

💸 Rental Income

🏠 Home Expenses

Monthly Rent

$900.00

Occupancy (%)

100%

Monthly Expenses

$400.00

Includes

📉 Taxes
🛠️ Maintenance
⚡ Utilities etc.

Total Monthly Cost ⚙️

/month

Principal & interest

Home expenses

Other expenses

Rental income

Monthly Mortgage$0.00
Home Expenses$0.00
Other Expenses$0.00
Rental Income$0.00

Mortgage Amount

$0.00

Closing Costs

$0.00

Mortgage Payment$0.00

Net Mortgage$0.00

Interest paid over term$0.00

Balance end of Term$0.00

Effective Amortization30 Years

Property Location

245 Cedar Ridge Trail, Faraday, ON K0L 1C0

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