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Listed 7 months ago

59 Ida Ho Lane

Faraday, Faraday

$2,249,000

Detached|Contemporary
5 | 4 | 12
About this home

Welcome to your dream retreat on the shores of Bow Lake where luxury meets tranquility in this stunning five bedroom, three and a half bathroom, four season home. Perfectly positioned on a private cul de sac, with a west facing orientation, you'll savor breathtaking sunsets over the water, creating a picture perfect backdrop for your evenings. Crafted with high end finishes and appliances, this home showcases refined elegance in every detail. The spacious, open concept design allows for seamless entertaining, while large windows bring in natural light and offer panoramic lake views. A gourmet kitchen equipped with top of the line appliances and custom cabinetry makes cooking a delight, while cozy yet sophisticated living spaces feature a fireplace to keep things warm in cooler months. On the main level the Great Room and Kitchen with walk in pantry provide ample space for family and guests, while the primary suite offers a luxurious private retreat, complete with an ensuite spa like bathroom. An additional two bedrooms, four piece bathroom, laundry room as well as a half bathroom are designed with premium fixtures and elegant finishes, ensuring comfort and convenience. Downstairs, on the lower level, you will find a large recreation room, two additional bedrooms, a gym, an office, utility room and three piece bathroom. Step outside to experience true lakeside living whether it's from the expansive deck, the beautifully landscaped yard, or the private waterfront. The access is perfect for boating, swimming, or simply relaxing by the shore. The attached over sized two car garage offers plenty of space for vehicles and storage, making it easy to enjoy every season in this exceptional home. Located just ten minutes from Bancroft, ON, you'll enjoy the perfect blend of peaceful lake living with access to nearby amenities, charming shops, and outdoor adventures. This home is more than just a residence, it's a lifestyle waiting to be embraced.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleContemporary
Approx. Age0-5
Size1500-2000 sq. ft.
Property Tax$821
Lot Size159.45 ft x 546.33 ft
mls© NumberX12915070
Listed ByRE/MAX COUNTRY CLASSICS LTD.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$11,511
Property tax
$68
Heat allowance
$150
Housing costs
$11,730 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $449,800
25-yr amortization

Income needed

$361,000

gross annual household income

Payment at 4%
$9,464 / mo
Cash down
$449,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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