Welcome to this remarkable commercial retail located in the coveted neighborhood of Bancroft Ward. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $629,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Turnkey restaurant opportunity in picturesque Bancroft! In just a short time, Northern Fried Chicken has become a popular venue for casual dining. Situated downtown at the busy intersection of Hastings Rd North and Madawaska St, along with No Frills and Shoppers Drug Mart. Features a great menu of delicious, affordable and popular menu items. Check out the NFC Chicken Breast Strips, they are the best! Being sold as a complete package with property and restaurant business, including kitchen equipment and furnishings plus training, marketing tools and IP. Very generous lot- 66' on Hastings N and 165' on Madawaska with parking for 19 cars. The main building is 1,865 sq ft (14' ceiling) with seating for 44 customers. Property zoning is C1-Commercial Centre, encompassing a wide range of permitted uses including food service, convenience store, gas bar, hotel, clinic and many others. Please see attachment for a complete list of permitted uses as per the Bancroft ZBL. Bancroft is a small town but its catchment area generally covers the entire North Hastings region and adjacent rural municipalities. This spans a population of up to 60,000 residents and the town is especially busy in summer with the seasonal arrival of cottagers and other travelers to the area.
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This commercial retail located at 121 Hastings Street, Bancroft is currently for sale and has been available on SousaSells for 14 days. This property is listed at $629,900 with an estimated mortgage of $2,097* per month. It has 0 beds, 2 bathrooms, and is unknown square feet. 121 Hastings Street, Bancroft is in the Bancroft Ward neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Bancroft Ward, Bancroft.
First-time home buyers, professionals, or investors seeking value.
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The current listing price for 121 Hastings Street, Bancroft, ON in Bancroft Ward, Bancroft is $629,900.
This property features null bedrooms and 2 bathrooms.
121 Hastings Street, Bancroft, ON is a Commercial Retail () featuring a basement.
Security features include: Yes.
Heating is provided via standard central heat and cooling via Yes.
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Bancroft Ward, Bancroft
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 121 Hastings Street N, Bancroft, ON K0L 1C0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Bancroft.
About Purchasing a Home in Bancroft, ON
For a property listed at $629,900 in Bancroft, the legal minimum down payment is $37,990 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $9,073 for this transaction. As this listing is in Bancroft (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $9,073.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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