Price Reduction
Address
51-53 Hastings St N, Bancroft, ON
Price
$ 949,000
Property Attributes
  • MLS#X7334724
  • TypeCommercial
  • CityBancroft
  • NeighbourhoodBancroft
  • Postal CodeK0L 1C0
  • StyleRetail Store Related
  • Taxes$ 14999
  • Price$ 949,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage7800
Data Source:
Toronto Real Estate Board (TRREB)
Property Description

Unlock a lucrative investment at 51-53 Hastings St in Bancroft - a prime opportunity boasting a solid 5% cap rate! This commercial-residential gem, zoned C01, has been meticulously maintained and recently upgraded with new windows and furnaces in 2023. Featuring 3 commercial spaces and 2 residential units, it comes with a previous clean Phase 1 on file, ensuring a smooth transaction. Situated on Bancroft's main street, the property enjoys ideal visibility and accessibility, complemented by ample municipal parking in the surrounding area. Don't miss out on this strategic investment in a high-demand location!

Price History
12/1/2023 Listed $999,900
2/8/2024 6% - $949,000

General Features

Utilities Yes
Water Municipal
Zoning C01
Sprinklers Part
Heater Type Propane Gas
Parking Spaces 30
Area Hastings
Tax Year 2023
Franchise No
Lot Depth 82.00
Basement No
Chattels Yes
Freehold Yes
Status A
Use Retail Store Related
Taxes 14999.64
Legal Description Pt Lt 184,185 & 186,PL 411,Pt 1 21R5948; Bancroft
Category Multi-Use
Property Sub Type Commercial/Retail
Lot Front 56.00
Type .Q.

Interior Features

A/C Part

Exterior Features

Garage Type None

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in K0L 1C0

Price
AVG $660K
$950K
Taxes
AVG $9,067
$14,999
Visits
AVG 23
49
Data Provided by Inside Real Estate®

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