$575,000
For sale: Other

Investment Property Opportunity in Downtown Bancroft!** Discover this beautifully renovated commercial building, perfectly situated in the heart of Bancroft's vibrant downtown. Currently operating as a successful hair salon, this versatile property offers multiple income streams. ** Main Floor Features:**- Recently added a second 2-piece bathroom- Separate entrance for privacy and convenience- The main floor has been divided with drywall, - Recent updates include Upper Level / Apartments:**- Two fully rented units: - A spacious 3-Investment Opportunity in Downtown Bancroft! Discover this renovated commercial property in the heart of Bancroft's vibrant downtown. Currently operating as a successful hair salon, the building offers multiple income streams and potential for future development. Main Floor: Divided into two units of approximately 600 sq. ft. each. Separate entrance and bathroom for each unit. A second two-piece bathroom has recently been added. Upper Level: Two rented apartments: a spacious three-bedroom unit and a cozy one-bedroom unit. Each apartment features a modern three-piece bathroom with updated fixtures. Fresh paint and new laminate flooring throughout. Separate hydro and water meters for each unit. With both apartments currently rented, this property offers immediate rental income and exciting potential for future growth. Don't miss this prime downtown investment opportunity!
Sold data
Homes in Bancroft Ward took a median of 38 days to sell over the last 365 days, with the quickest quarter selling within 24 days and the slowest quarter taking more than 71, across 43 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 71 days.
The median sale price was $399,000.
Homes sold for about 6.0% below asking on average, so there was room to negotiate.
About 9% of sales closed above the list price.
Around 28% of sellers reduced their price before finding a buyer.
Based on 43 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
Bancroft (Bancroft Ward) has 3 Fraser Institute–rated schools (3 elementary), averaging 5.6/10.
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale

$475,000
Other14 FRONT STREET E, Hastings, Trent Hills

$549,900
Townhouse26 FERRIS COURT, Campbellford, Trent Hills

$520,000
Townhouse115 CORLEY STREET E, Lindsay, Kawartha Lakes

$699,900
Detached35 KEEFER STREET, Dysart, Dysart et al

$519,900
Semi-Detached/Link5 LEDGEROCK COURT, Sidney Ward, Quinte West

$680,442
Detached3 PRESERVE ROAD, Bancroft Ward, Bancroft

$559,900
Semi-Detached/Link11 RABBIT ROAD, Rural Brighton, Brighton

$544,900
Townhouse6333 PERTH STREET, 8208 - Btwn Franktown Rd. & Fallowfield Rd., Ottawa