$1,499,000
17 Ida Ho Lane
Faraday, Ontario
5bed3bath
Ontario
Faraday Real Estate
Browse homes for sale in Faraday • Median $429,000
$429,000Median Price
30Avg Days on Market
7Detached5Land1Other1Commercial
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About Faraday Real Estate
Faraday, located in the heart of Ontario, is a vibrant city that seamlessly integrates its rich history with modern living. Established as a small community that dates back to the late 19th century, Faraday has evolved over the years, embracing its heritage while fostering growth and development. The city is surrounded by picturesque landscapes, including lush forests and scenic lakes, which provide residents with a tranquil escape from the hustle and bustle of urban life. Unique features such as the historic Faraday Town Hall and charming local architecture add to the city's character, making it a visually appealing place to call home.
What sets Faraday apart is its strong sense of community and local pride. The city's residents are known for their friendliness and hospitality, often coming together for events and festivals that celebrate local traditions. This community spirit is evident in the numerous neighborhood gatherings, farmers' markets, and seasonal celebrations that take place throughout the year, making it an ideal place for families and individuals looking for a warm, welcoming environment. With a mix of quaint shops, local eateries, and recreational facilities, Faraday offers a balanced lifestyle for its residents.
Faraday's appeal extends to a diverse range of buyer types. Families are drawn to the area's reputable schools and family-friendly parks, while retirees appreciate the peaceful surroundings and lower cost of living compared to larger urban centers. Additionally, young professionals find the city attractive due to its close-knit community and easy access to outdoor activities. As the city continues to grow, it attracts more individuals seeking a blend of serenity and convenience, solidifying its status as a desirable location in Ontario.
21 active listings with a median price of $519,900.
Lifestyle & Community
Living in Faraday offers residents a unique blend of small-town charm and modern conveniences. The community is characterized by its friendly atmosphere, where neighbors know each other and often engage in local events that foster a sense of belonging. Residents enjoy a laid-back lifestyle, with ample opportunities for outdoor activities such as hiking, fishing, and biking in the nearby natural reserves. Local culture thrives through art galleries, theaters, and music festivals that showcase local talent, providing a vibrant backdrop to everyday life. Overall, Faraday's community vibe is one of inclusivity and warmth, making it a wonderful place to live.
Local Amenities
- Faraday Town Hall
- Local parks (e.g., Faraday Community Park)
- Public library
- Grocery stores
- Restaurants and cafes
- Fitness centers
- Elementary and secondary schools
- Public transit options
- Healthcare facilities
- Community center
- Art galleries
Points of Interest
- Faraday Community Park
- The historic Faraday Town Hall
- Nearby lakes for recreational activities (e.g., Lake St. Peter)
- Faraday Farmers' Market
- Local hiking trails
- Art in the Park festival
- Faraday Arts and Culture Center
- Birdwatching opportunities at local reserves
- Winter carnival events
- Annual summer music festival
Market Overview
The real estate market in Faraday is currently experiencing a healthy level of activity, with 21 active listings and a median listing price of $519,900. Homes are selling relatively quickly, with an average of just 30 days on the market. This trend indicates a balanced market where buyers can find value while sellers are seeing favorable conditions. Prospective buyers should be prepared to act quickly, as well-maintained properties in desirable areas tend to attract significant interest.
Investment Outlook
Faraday presents promising investment opportunities, particularly for those looking at rental properties. With its appealing lifestyle and community-centered atmosphere, the demand for rentals is on the rise, attracting both long-term residents and seasonal visitors. Additionally, ongoing development projects and local business growth indicate a positive trend for property values. Investors can expect steady returns, especially as the city continues to evolve and attract new residents.
Ideal For
Faraday is ideal for first-time homebuyers looking for affordability and community feel, as well as families seeking quality schools and recreational opportunities. Retirees will appreciate the serene environment, while investors can find lucrative rental possibilities. Overall, the city offers something for everyone, making it a versatile choice for diverse buyer types.
Nearby Cities
Living in Faraday
Lifestyle
Living in Faraday offers residents a unique blend of small-town charm and modern conveniences. The community is characterized by its friendly atmosphere, where neighbors know each other and often engage in local events that foster a sense of belonging. Residents enjoy a laid-back lifestyle, with ample opportunities for outdoor activities such as hiking, fishing, and biking in the nearby natural reserves. Local culture thrives through art galleries, theaters, and music festivals that showcase local talent, providing a vibrant backdrop to everyday life. Overall, Faraday's community vibe is one of inclusivity and warmth, making it a wonderful place to live.
Local Amenities
Faraday Town HallLocal parks (e.g., Faraday Community Park)Public libraryGrocery storesRestaurants and cafesFitness centersElementary and secondary schoolsPublic transit optionsHealthcare facilitiesCommunity centerArt galleries
Market Insights
The real estate market in Faraday is currently experiencing a healthy level of activity, with 21 active listings and a median listing price of $519,900. Homes are selling relatively quickly, with an average of just 30 days on the market. This trend indicates a balanced market where buyers can find value while sellers are seeing favorable conditions. Prospective buyers should be prepared to act quickly, as well-maintained properties in desirable areas tend to attract significant interest.
Investment Potential
Faraday presents promising investment opportunities, particularly for those looking at rental properties. With its appealing lifestyle and community-centered atmosphere, the demand for rentals is on the rise, attracting both long-term residents and seasonal visitors. Additionally, ongoing development projects and local business growth indicate a positive trend for property values. Investors can expect steady returns, especially as the city continues to evolve and attract new residents.
Written with AI assistance using live MLS data, reviewed by our team.
Price Distribution
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$200K – $400K
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$400K – $600K
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$600K – $800K
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$1.0M – $1.5M
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Frequently Asked Questions About Faraday
There are currently 17 active residential listings in Faraday. This includes detached homes, condos, townhouses, and other property types. Listings are updated throughout the day from CREA's DDF®.