$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 rated 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-bedroom apartment - A cozy1-bedroom unit- Modern 3-piece bathrooms in both units, with new fixtures- Fresh paint and new laminate flooring throughout- Separate hydro and water meters for each unit, simplifying management- Both apartments are currently rented, ensuring immediate cash flow**Additional Highlights:**-The main floor has been converted into two units. each unit is approximately 600sq'.2 Separate entrances, each with its own bathroom - Don't miss out on this prime downtown property with multiple income opportunities and the potential for further development. Perfect for investors seeking immediate cash flow and future growth!---
Sold data
Homes in Bancroft (Bancroft 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 82 days.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.
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
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

$499,000
Other14 CONWAY STREET, 570 - Madawaska Valley, Madawaska Valley

$699,900
Other1534 COUNTY RD 22, Lakeshore

$749,000
Other238 HIGHLAND STREET, Dysart, Dysart et al

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

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

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

$489,900
Detached488 KENNEDY DRIVE, Trent Lakes, Trent Lakes