371 Albion Lake Drive

Faraday · MLS® X13497464

Land · Vacant Land · 119 days on market

listed by Charles Burkholder, Century 21 Granite Realty Group Inc.

realtor's description

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 details

type: Land, Vacant Land
parking: 0
days on market: 119
MLS®: X13497464

features

Wooded area

monthly cost

$240/mo

Mortgage $240

20% down at 4.34% fixed (Ratehub.ca), 25 years.

estimated payment

$240/ monthly

loan $43,999

25-year amortization

down payment20% · $11,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 25, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $27,888
cash to close: $11,000; down payment; transfer tax and fees not included
total paid: $71,888

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.