$59,000
371 Albion Lake Drive, Faraday, ON K0L 1C0
0 Beds
0 Baths
Parking
Great opportunity to own a 0.5-acre recreational lot with DEEDED ACCESS to Albion Lake. This treed property offers a peaceful setting and is ideal for camping, a trailer, or a nature getaway. Enjoy easy walking access to the lake for swimming, paddling, and fishing while surrounded by nature. Albion lake is stocked with thousands of splake bi-annually and also contains bass and other species. Conveniently located just 20 minutes from Bancroft, this is an affordable opportunity to own your own slice of the outdoors.

Property Summary

Property Type Residential Freehold
Property Sub Type Vacant Land
Transaction Type For Sale
Bedrooms Above Grade 0
Exposure North
Possession TBD

Building

Building Type Vacant Land

Measurements

Lot Size 101 x 226
Lot Size Area 0.505
Lot Size Units Feet
Frontage 101
Depth 226

Land

Address 371 Albion Lake Drive, Faraday, ON K0L 1C0
City Faraday
County / Area Hastings
Cross Street Albion Lake Dr.
Parcel Number 400620100

Taxes and Listing Info

List Price $59,000
Annual Taxes $99
Tax Year 2026
Status Active
Listing Date 2026-03-06T19:48:07Z
Updated 2026-06-03T15:54:31Z
MLS Number X12855918
Local Market Insight

What Buyers Should Know About 371 Albion Lake Drive, Faraday, ON K0L 1C0

This editorial summary helps buyers look beyond the headline price and review the neighbourhood, transit, schools, rental demand, long-term value, and due-diligence items that often matter before booking a showing or submitting an offer.

Neighbourhood Analysis

371 Albion Lake Drive, Faraday, ON K0L 1C0 is positioned in Faraday, a part of Faraday where buyers should compare the street setting, nearby amenities, daily travel routes, and surrounding housing stock. For a Vacant Land, the strongest fit often depends on whether the location supports everyday routine as well as the numbers on paper.

School And Family Considerations

Families reviewing this Vacant Land should confirm school boundaries directly with the local school boards before relying on listing notes. It is also worth checking walkability to parks, childcare, recreation centres, libraries, and community facilities because these details can influence both lifestyle value and future resale demand.

Transit And Access

The location should be assessed around commute patterns, access to Albion Lake Dr., public transit options, parking availability, and drive times to employment areas. A property with available parking and practical road access can appeal to buyers who need convenience without giving up neighbourhood quality.

Investment Potential

At $59,000, buyers should compare recent nearby sales, days on market, condition, lot utility, and the cost of future repairs or upgrades. The property shows 0 bedrooms, 0 bathrooms, basement details marked as to be confirmed, and a lot size of 101 x 226, all of which can affect value.

Rental Demand

If this property is being reviewed as a rental or investment, demand should be measured by bedroom count, transit access, employment access, nearby schools, parking, and the condition of the unit or home. In Faraday, rental appeal usually improves when a property is easy to maintain and simple for tenants to live in.

Local Attractions And Amenities

Buyers should look at grocery access, restaurants, trails, parks, shopping, medical services, and weekend amenities around Faraday. These features do not always appear in the MLS data, but they can make a major difference in how the home feels after move-in and how future buyers compare it.

Builder, Condition, And Due Diligence

For resale homes, review renovations, permits, roof and mechanical age, exterior condition, inclusions, and rental items. For condo or newer properties, review building history, maintenance fees, reserve fund information, rules, amenities, and future cost exposure. A showing and document review should confirm anything not visible in the listing.

Nearby Infrastructure

Infrastructure matters because transit improvements, road projects, schools, parks, commercial growth, and employment nodes can change how an area performs over time. For 371 Albion Lake Drive, Faraday, ON K0L 1C0, buyers should check municipal plans, nearby construction, zoning context, and future projects that may affect enjoyment or resale value.

This section is informational only. Buyers should verify schools, measurements, rental rules, taxes, zoning, and property condition with the appropriate professionals before making a decision.

Listing data is provided through PropTx/MLS data services and is deemed reliable but not guaranteed. Listings are subject to change without notice.