245 Cedar Ridge Trail
Faraday, ON
4 bed • 2 bath • approx. 1500-2000 sqft • Rural Residential • 108 days on market
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
Listing Details
- Taxes (2026)
- $6,000
- Originally Listed
- $1,325,000
- Listed
- May 11, 2026
Price History
Property
- Style
- 2-Storey
- Construction
- Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation
- Concrete
- Interior
- Bar Fridge, Generator - Partial, Primary Bedroom - Main Floor, Water Heater
- Lot Size
- 450 x 390 Feet
Utilities
- Water
- Drilled Well
- Sewer
- Septic
- Heat Source
- Propane
Location & Legal
- Cross Street
- Stringer Dr, Coe Island Lake Rd
- Zoning
- R
- Parcel Number
- 400650132
- Possession
- Immediate
Commercial
- Occupancy
- Owner
Included
- Inclusions
- Fridge, stove, washer, dryer, hot tub, docks, most furnishings as viewed
- Exclusions
- Personal items
- Rental Items
- Propane tanks
Waterfront
- Water Body
- Coe (Island) Lake
- Shoreline
- Natural, Sandy
- Docking
- Private
Community
Postal area K0L
- Population
- 78,142
- Private dwellings
- 48,786
- Median age
- 54
- Average household size
- 2.3
- Median household income
- $79,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Faraday · last 12 months
- Median sold price
- $445,000
- Homes sold
- 37
- Median days on market
- 45
- Sale-to-list price
- 94.0%
Based on 37 recorded sales of residential freehold properties in Faraday over the last 12 months.
Rooms
3-piece on Main, 4-piece on Second
Second
- Bedroom15' x 10'4"
- Bedroom15' x 11'
- Bedroom11'5" x 22'6"
Main
- Bedroom10'11" x 12'4"
- Dining Room19'3" x 14'2"
- Foyer9'9" x 9'1"
- Kitchen16'8" x 10'10"
- Living Room15'3" x 21'2"
- Utility Room7'2" x 6'11"
Listed by
Century 21 Granite Realty Group Inc.
Location
Mortgage Calculator
$239,600
Estimated Monthly Payment
$5,885
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $5,885/mo (20% down, 5.5%)
Taxes: $500/mo · Insurance: $300/mo
Estimates only. Consult a financial advisor.
Reita | Assistant
Online
Reita is an automated assistant, not a licensed real estate agent. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?