240 Stringer Dr, Faraday

Name: 240 Stringer Drive
SKU: X13523046
Price: 1079000 CAD
Availability: InStock

3 Bed, 3 Bath Detached Home in Faraday

About 240 Stringer Drive

We are pleased to present this exceptional four season home, situated on over 11 acres with 454 feet of prime west facing waterfront, on Coe Island Lake. Whether you are looking for a year round residence or a private cottage retreat, you will appreciate the pride of ownership displayed throughout this property. From the winding laneway through a mature hardwood forest, to the perfectly situated custom built home, every detail has been considered. The main level features an open floor plan with large windows and patio doors facing the lake, while a covered porch and large deck offer versatile outdoor living space. The full walk-out basement is ideal for guests and includes a cedar sauna, and outside is hot tub to enhance the full relaxation experience. The professionally landscaped gardens and rock pathways lead gracefully to the spectacular waterfront, which features limestone shelves and crystal-clear waters, perfect for bass and splake fishing. The property also boasts a manicured trail system for hiking or ATVs and a heated shop with a finished second level for entertaining. Located just 20 minutes from Bancroft and 2.5 hours from the GTA, this is a truly unique offering.

3 bedrooms, 3 bathrooms, about 1,500 sq ft, works out to roughly $719 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.

Inside 240 Stringer Dr

Every detail from the listing, in one place.

Type: Detached
Style: Bungalow
Living space: 1500-2000 sq ftas stated on the listing
Parking: 6 spacesYes garage
Basement: Finished with Walk-Out, Full

Features & systems

Parking & garage

Garage: Yes
Parking spaces: 6

Interior

Basement: Finished with Walk-Out · Full

Lot & land

Lot size (sqft): 11.58

Listing & possession

Property style: Bungalow
Property class: Detached

240 Stringer Dr Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

—ReducedPrice reducedThis listingMLS® X13523046−$120,000 (10.0%)$1,079,000
Jul 4, 2026For saleListedThis listingMLS® X13523046$1,199,000

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 240 Stringer Dr Compares to the Faraday Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Well Above Market· based on 26 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Faraday market, last 90 days

Median sold price: $500,000
Average sold price: $564,278
Average days on market: 43
Homes sold: 15

Closed sales on the TRREB MLS®.

Full Faraday market report

Market pulse · Faraday

Faraday market

Median sold price$500,000Last 90 days
Average days on market43Homes sold in about 43 days on average.
Sale-to-list ratio93.2%On average, homes sold below asking.
Active listings24Homes for sale here right now.
Median vs prior 90 days+20.8%Compared with Apr 25 – Jul 24, 2026: prices up.

Based on 15 sales from Jul 24 – Oct 22, 2026 (12 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.

Recently sold nearby in Faraday

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

See what these homes actually sold for

Free with a Summitly account. Sign in once and sold prices unlock across the site.

Home	Sold price	$ / sqft	% of asking	Sold
This home240 Stringer Drive 3 bd · 3 ba · 1,500 sqft	$1,079,000asking	$719	—	—
64 Bentley Place 3 bd · 1 ba · 1,100 sqft
21 Lucerne Lake Drive 3 bd · 2 ba · 1,500 sqft
132 Trout Lake Road 3 bd · 1 ba · 700 sqft
164 Trout Lake Road 2 bd · 2 ba · 1,100 sqft
34C Bentley Lake Place 3 bd · 1 ba · 1,100 sqft
11 Sumac Court 3 bd · 2 ba · 1,100 sqft

64 Bentley Place
3 bd · 1 ba · 1,100 sqft
21 Lucerne Lake Drive
3 bd · 2 ba · 1,500 sqft
132 Trout Lake Road
3 bd · 1 ba · 700 sqft
164 Trout Lake Road
2 bd · 2 ba · 1,100 sqft
34C Bentley Lake Place
3 bd · 1 ba · 1,100 sqft
11 Sumac Court
3 bd · 2 ba · 1,100 sqft

Living in Faraday: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

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How long is your commute?

From 240 Stringer Dr. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 240 Stringer Dr

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $5,301; 20% down · 25 years · 5.5% assumed
Property tax: $593; 0.66% mill rate · ON
Total per month: $5,894; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

Enter a rate to see the monthly cost

Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$5,301

/mo

based on the purchase price of $1,079,000

Down payment20%

$215,800 cash

Amortization25 yr

$863,200 financed

Rate5.50%

$727,041 total interest

Principal54%$863,200

Interest46%$727,041

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

Want rate-drop alerts and a saved shortlist?

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

Rental income potential

Est. monthly rent

low–high

Gross yield

rent × 12 ÷ price

Cap rate (est.)

net of tax + fees

Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.

Book a tour of 240 Stringer Dr with a licensed buyer's agent

Your agent is usually paid from the seller's side. We'll confirm the co-operating commission on this listing before you sign anything.

Zara, any time

Zara · AI virtual agent

Ask about 240 Stringer Dr day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.

A licensed local agent

Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.

Find an agent (905) 553-8500 (main line)

Questions About 240 Stringer Dr

How much is 240 Stringer Dr listed for?

240 Stringer Dr is listed at $1,079,000 (MLS® X13523046). Summitly updates the price as soon as the MLS® record changes.

Is $1,079,000 a good price for 240 Stringer Dr?

Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Faraday. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate

Has the price of 240 Stringer Dr changed?

Yes — it was first listed at $1,199,000 and is now $1,079,000, a drop of $120,000 (10.0%).

How many bedrooms and bathrooms does 240 Stringer Dr have?

240 Stringer Dr has 3 bedrooms and 3 bathrooms, with about 1,500–2,000 square feet of living space. It is a detached home in Faraday.

How much would the monthly mortgage be on 240 Stringer Dr?

About $5,301 a month — principal and interest on $1,079,000 with 20% down ($215,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.

How does 240 Stringer Dr compare with other homes in Faraday?

Its asking price of $1,079,000 is about 116% above the median sold price in Faraday over the last 90 days, $500,000, across 15 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.

Has 240 Stringer Dr been sold before?

Summitly has no earlier MLS® sale or lease of 240 Stringer Dr on record from the last two years. Older records aren't shown under TRREB rules.

Where is 240 Stringer Dr?

240 Stringer Dr is in Faraday, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.

How long has 240 Stringer Dr been on the market?

110 days — 240 Stringer Dr was listed on July 4, 2026.

What is the price per square foot of 240 Stringer Dr?

About $540 to $719 per square foot: the asking price of $1,079,000 over the 1,500–2,000 sq ft the listing gives as its size range.

Does 240 Stringer Dr have parking or a garage?

Yes — the listing gives 6 parking spaces. Garage: Yes.

Does 240 Stringer Dr have a basement, and is it finished?

The listing describes the basement as: Finished with Walk-Out, Full.

What you should know

3 Bed, 3 Bath Detached Home in Faraday

About 240 Stringer Drive

Inside 240 Stringer Dr

Features & systems

240 Stringer Dr Price & Sale History

How 240 Stringer Dr Compares to the Faraday Market

Faraday market, last 90 days

Recently sold nearby in Faraday

Living in Faraday: Location & Amenities

How long is your commute?

Costs, Mortgage & Rental Return for 240 Stringer Dr

Monthly cost of owning

Mortgage payments

Monthly cost

Rental income potential

Own a home on Stringer Drive? See what yours is worth

Zara, any time

A licensed local agent

See 240 Stringer Dr, Faraday in person

Keep looking near 240 Stringer Dr

Explore More Detached Homes in Faraday

3 Bed, 3 Bath Detached Home in Faraday

About 240 Stringer Drive

Inside 240 Stringer Dr

Features & systems

240 Stringer Dr Price & Sale History

How 240 Stringer Dr Compares to the Faraday Market

Faraday market, last 90 days

Market pulse · Faraday

Recently sold nearby in Faraday

Living in Faraday: Location & Amenities

How long is your commute?

Costs, Mortgage & Rental Return for 240 Stringer Dr

Monthly cost of owning

Mortgage payments

Monthly cost

Rental income potential

Own a home on Stringer Drive? See what yours is worth

Zara, any time

A licensed local agent

See 240 Stringer Dr, Faraday in person

Questions About 240 Stringer Dr

How much is 240 Stringer Dr listed for?

Is $1,079,000 a good price for 240 Stringer Dr?

Has the price of 240 Stringer Dr changed?

How many bedrooms and bathrooms does 240 Stringer Dr have?

How much would the monthly mortgage be on 240 Stringer Dr?

How does 240 Stringer Dr compare with other homes in Faraday?

Has 240 Stringer Dr been sold before?

Where is 240 Stringer Dr?

How long has 240 Stringer Dr been on the market?

What is the price per square foot of 240 Stringer Dr?

Does 240 Stringer Dr have parking or a garage?

Does 240 Stringer Dr have a basement, and is it finished?

Keep looking near 240 Stringer Dr

Explore More Detached Homes in Faraday

Market pulse · Faraday

Questions About 240 Stringer Dr

How much is 240 Stringer Dr listed for?

Is $1,079,000 a good price for 240 Stringer Dr?

Has the price of 240 Stringer Dr changed?

How many bedrooms and bathrooms does 240 Stringer Dr have?

How much would the monthly mortgage be on 240 Stringer Dr?

How does 240 Stringer Dr compare with other homes in Faraday?

Has 240 Stringer Dr been sold before?

Where is 240 Stringer Dr?

How long has 240 Stringer Dr been on the market?

What is the price per square foot of 240 Stringer Dr?

Does 240 Stringer Dr have parking or a garage?

Does 240 Stringer Dr have a basement, and is it finished?