Faraday, ON · · MLS® X14113016Updated
$200,000Est. $983/mo mortgage
27768 Hwy 28 is a 2-bedroom, 1-bathroom detached home in Faraday, listed for $200,000. It has 700-1100 sq ft of living space.
Coldwell Banker Summit Realty, BrokerageZara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Affordable starter home. Sitting on just under an acre, this 2-bedroom, 1-bathroom home offers an excellent opportunity for someone ready to roll up their sleeves and bring it back to life. With plenty of room to work both inside and out, this property is ideal for renovators, investors, or buyers looking for a project with potential. Property is being sold in "as is" condition. Close to Paudash Lake for watersport enjoyment.
2 bedrooms, 1 bathroom, about 700 sq ft, works out to roughly $286 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
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Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works
Closed sales on the TRREB MLS®.
Full Faraday market reportSold prices are shown free to signed-in members, as board rules require.
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77 KINGFISHER Lane
2 bd · 1 ba · Detached
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132 Trout Lake Road
3 bd · 1 ba · Detached
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461 Lower Faraday Road
3 bd · 3 ba · Detached
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29638 Highway 28 N/A
2 bd · 2 ba · Detached
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64 Bentley Place
3 bd · 1 ba · Detached
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21 Lucerne Lake Drive
3 bd · 2 ba · Detached
6 nearby sales vs. this home
Closed sales from MLS®, compared with this home's asking price.
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| Home | Sold price | $ / sqft | % of asking | Sold |
|---|---|---|---|---|
This home27768 Hwy 28 N/a 2 bd · 1 ba · 700 sqft | $200,000asking | $286 | — | — |
| 77 KINGFISHER Lane 2 bd · 1 ba · 700 sqft | ||||
| 132 Trout Lake Road 3 bd · 1 ba · 700 sqft | ||||
| 461 Lower Faraday Road 3 bd · 3 ba · 2,000 sqft | ||||
| 29638 Highway 28 N/A 2 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 |
2 bd · 1 ba · 700 sqft
3 bd · 1 ba · 700 sqft
3 bd · 3 ba · 2,000 sqft
2 bd · 2 ba · 1,100 sqft
3 bd · 1 ba · 1,100 sqft
3 bd · 2 ba · 1,500 sqft
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What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.
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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20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
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.
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Listing brokerage: Royal LePage Frank Real Estate, BrokerageMLS® X14113016 · Listing data last updated
Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Homes for sale in Faraday
Every active Faraday MLS® listing, updated all day.
Curated MLS® searches this property belongs to — same city, same shape of home.
Based on 17 sales from Jul 25 – Oct 23, 2026 (12 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
27768 Hwy 28 is listed at $200,000 (MLS® X14113016). Summitly updates the price as soon as the MLS® record changes.
Summitly rates it Excellent Deal: the asking price is 10% or more below 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
No — 27768 Hwy 28 is still listed at its original asking price of $200,000.
27768 Hwy 28 has 2 bedrooms and 1 bathroom, with about 700–1,100 square feet of living space. It is a detached home in Faraday.
About $983 a month — principal and interest on $200,000 with 20% down ($40,000), 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.
Its asking price of $200,000 is about 59% below the median sold price in Faraday over the last 90 days, $489,000, across 17 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.
Summitly has no earlier MLS® sale or lease of 27768 Hwy 28 on record from the last two years. Older records aren't shown under TRREB rules.
27768 Hwy 28 is in Faraday, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
27768 Hwy 28 was listed today (October 23, 2026).
About $182 to $286 per square foot: the asking price of $200,000 over the 700–1,100 sq ft the listing gives as its size range.
Yes — the listing gives 3 parking spaces.
The listing describes the basement as: Unfinished, Partial Basement.
