0 HWY 62 HIGHWAY, Bancroft (Dungannon Ward)
$500,000
For sale: Vacant Land
- Property type
- Land
- MLS®
- MLS® X13681568
- Neighbourhood
- Dungannon Ward
Excellent opportunity to acquire approximately 59.68 acres of strategically located land just south of Bancroft, minutes from town with direct access along the Highway 62 South corridor near Quarry Road.Formerly designated industrial and commercial, the property has been amended under the County of Hastings Official Plan to Urban Future Development and Urban Environmental Protection, positioning the lands for future residential use. The property is currently held in reserve pending municipal servicing, creating a compelling long-term development and land-banking opportunity.Preliminary projections contemplate approximately 20-40 residential lots, with the conservative scenario based on 20 lots and accounting for wet/environmentally sensitive portions of the site.A rare opportunity to secure a sizeable future residential parcel in a growing Bancroft corridor with significant upside as servicing expands. Buyer to complete their own due diligence regarding zoning, permitted uses, environmental matters, development potential, servicing and access.
Sold data
Homes in Bancroft (Dungannon Ward) — recent sold market
Homes in Bancroft (Dungannon Ward) took a median of 40 days to sell over the last 365 days, with the quickest quarter selling within 24 days and the slowest quarter taking more than 102, across 80 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 82 days.
The median sale price was $389,950.
Homes sold for about 5.7% below asking on average, so there was room to negotiate.
About 6% of sales closed above the list price.
Around 36% of sellers reduced their price before finding a buyer.
- Median days to sell
- 41
- Median sale price
- $389,950
- Sale-to-list ratio
- 94.3%
- Sold above asking
- 6%
Based on 80 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Schools in Bancroft (Dungannon Ward)
Bancroft (Dungannon Ward) has 3 Fraser Institute–rated schools (3 elementary), averaging 5.6/10.
- Rated schools
- 3
- Elementary
- 3
- Average rating
- 5.6 / 10
Top-rated schools in Bancroft (Dungannon Ward)
- Our Lady of Mercy — elementary, BancroftFraser rating 8.3/10
- Birds Creek — elementary, BancroftFraser rating 4.3/10
- North Hastings — elementary, BancroftFraser rating 4.1/10
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale
Homes for sale near 0 HWY 62 HIGHWAY
$450,000
Vacant Land0 MOORE LANE, Bancroft Ward, Bancroft
$499,000
Detached321,100–1,500 sqft11 BUTTERMILK LANE, Marmora Ward, Marmora and Lake
$499,000
Other25 & 27 FORSYTH STREET, Marmora Ward, Marmora and Lake
$459,000
Other4531 KENNISIS LAKE ROAD, Havelock, Dysart et al
$399,000
Detached321,500–2,000 sqft68 BRIDGE STREET W, Bancroft Ward, Bancroft
$549,999
Detached321,500–2,000 sqft19 FOREST HILL ROAD, Bancroft Ward, Bancroft
$700,000
Detached4+121,100–1,500 sqft1719 WESLEMKOON LAKE ROAD, Limerick, Limerick
$465,000
Other15614 HWY 620, Wollaston, Wollaston