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0 Albion Lake Drive

0 Albion Lake Drive

Faraday, ON

  • Vacant Land
  • 0 days on market
$230,000

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.

Listing Details

Taxes (2025)
$18
Listed
September 8, 2026

Price History

Property

Lot Size
966.42 x 816.09 Feet

Location & Legal

Cross Street
Airport Road/Albion Lake Drive
Zoning
Limited Service Residential
Parcel Number
400620056
Possession
Immediate
Occupancy
Vacant

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
39
Median days on market
45
Sale-to-list price
93.9%

Based on 39 recorded sales of residential freehold properties in Faraday over the last 12 months.

Listed by

RE/MAX HALLMARK EASTERN REALTY

Mortgage Calculator

$46,000

Estimated Monthly Payment

$1,130

Land transfer tax

Estimated land transfer tax$2,025

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $1,130/mo (20% down, 5.5%)

Taxes: $1/mo · Insurance: $58/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

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