655 Farren Lake #12a Lane is a 2-bedroom, 1-bathroom detached home in Tay Valley, listed for $374,900. It has < 700 sq ft of living space.
1Recent improvements include a new septic system (2025), a largely rebuilt cottage deck, and upgraded stairs to the shoreline, enhancing both accessibility and enjoyment of the waterfront.
Located in a quiet bay on beautiful Farren Lake, this 3-season cottage offers a private and simple waterfront escape. Recent improvements include a new septic system (2025), a largely rebuilt cottage deck, and upgraded stairs to the shoreline, enhancing both accessibility and enjoyment of the waterfront. Outdoor living is at the heart of this property, with inviting spaces for relaxing on the deck, gathering around the firepit, or spending the day by the water.Inside, the cottage is comfortable and functional, featuring a woodstove that adds warmth and helps extend the cottage season into the cooler spring and fall months.Farren Lake covers approximately 427 acres with depths reaching 70 feet and is well known for its excellent fishing. Anglers can enjoy Smallmouth Bass, Largemouth Bass, Rock Bass, Bluegill, Pumpkinseed, Yellow Perch, and stocked Rainbow Trout, whether fishing from shore, dock, or boat.Conveniently located between the historic town of Perth and the charming village of Westport, you'll have easy access to shopping, dining, and everyday amenities while enjoying the tranquility of lakeside living. This is an ideal opportunity to experience the simplicity and charm of cottage life on one of the area's most desirable lakes.
2 bedrooms, 1 bathroom, about 700 sq ft, works out to roughly $536 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 655 Farren Lake #12a Lane
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
< 700 sq ftas stated on the listing
Parking
3 spaces
Basement
None
Features & systems
Parking & garage
Parking spaces
3
Interior
Basement
None
Lot & land
Lot size (sqft)
0.47
Listing & possession
Property style
Bungalow
Property class
Detached
655 Farren Lake #12a Lane Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
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Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$1,842
/mo
based on the purchase price of $374,900
$74,980 cash
$299,920 financed
$252,611 total interest
Principal54%$299,920
Interest46%$252,611
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.
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.
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Similar homes for sale nearby in Tay Valley
Other 2–3 bed homes for sale in Tay Valley around $375K.
Average days on market37Homes sold in about 37 days on average.
Sale-to-list ratio96.6%On average, homes sold below asking.
Active listings104Homes for sale here right now.
Median vs prior 90 days−9.3%Compared with Apr 25 – Jul 24, 2026: prices down.
Based on 54 sales from Jul 24 – Oct 22, 2026 (36 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 655 Farren Lake #12a Lane
How much is 655 Farren Lake #12a Lane listed for?
655 Farren Lake #12a Lane is listed at $374,900 (MLS® X13441294). Summitly updates the price as soon as the MLS® record changes.
Is $374,900 a good price for 655 Farren Lake #12a Lane?
Summitly rates it Good Deal: the asking price is 3% to 10% below Zara's estimate, an estimate built from recent sales in Tay Valley. 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 655 Farren Lake #12a Lane changed?
Yes — it was first listed at $399,900 and is now $374,900, a drop of $25,000 (6.3%).
How many bedrooms and bathrooms does 655 Farren Lake #12a Lane have?
655 Farren Lake #12a Lane has 2 bedrooms and 1 bathroom, with about 700 square feet of living space. It is a detached home in Tay Valley.
How much would the monthly mortgage be on 655 Farren Lake #12a Lane?
About $1,842 a month — principal and interest on $374,900 with 20% down ($74,980), 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 655 Farren Lake #12a Lane compare with other homes in Tay Valley?
Its asking price of $374,900 is about 38% below the median sold price in Tay Valley over the last 90 days, $602,500, across 54 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 655 Farren Lake #12a Lane been sold before?
Summitly has no earlier MLS® sale or lease of 655 Farren Lake #12a Lane on record from the last two years. Older records aren't shown under TRREB rules.
Where is 655 Farren Lake #12a Lane?
655 Farren Lake #12a Lane is in Tay Valley, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 655 Farren Lake #12a Lane been on the market?
131 days — 655 Farren Lake #12a Lane was listed on June 13, 2026.
What is the price per square foot of 655 Farren Lake #12a Lane?
About $536 per square foot: the asking price of $374,900 over the 700 sq ft the listing gives.
Does 655 Farren Lake #12a Lane have parking or a garage?
Yes — the listing gives 3 parking spaces.
Does 655 Farren Lake #12a Lane have a basement, and is it finished?
The listing says 655 Farren Lake #12a Lane has no basement.
