40 York River Drive, Bancroft, ON

$575,000
MLS#:X12324992
0 beds
0 baths
< 700 sqft
Residential Freehold
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Added:Aug 5, 2025(389 days ago)
Updated:Jan 26, 2026(215 days ago)
Last Checked:22 minutes ago

Property Highlights

Welcome to this remarkable vacant land 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 $575,000 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.

  • 0 Bedrooms and 0 Bathrooms
  • Generous living space spanning < 700 sqft on a premium 252 x 13.243 ft lot
  • Notable attributes: None

Description

Zoned Residential, this 13.243 acres is prepared and ready for development and could be a beautiful property for your dream home or sever and build multiple homes with hydro at the road and town water is available. With a backdrop of the York River, this property could be gorgeous with your very own private park setting with fishing, swimming, kayaking and canoeing out your back door. This is a prime piece of land with great privacy in a country like setting but is actually in town! So check it out, you won't be disappointed. The following studies have been COMPLETED: Environmental Impact Study, Geotechnical Investigation & Slope Stability Study, Hydrogeological Assessment Report, Stage 1 & 2 Archaeological Assessment Proposed Development, Survey

Work with the SOUSA TEAM to unlock your . If we are unable to negotiate your purchase price below asking, we'll rebate you up to $10,000!*

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Property Summary

This vacant land located at 40 York River Drive, Bancroft is currently for sale and has been available on SousaSells for 389 days. This property is listed at $575,000 with an estimated mortgage of $1,914* per month. It has 0 beds, 0 bathrooms, and is < 700 square feet. 40 York River Drive, 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.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Bancroft Ward, Bancroft.

Great for Small Household / Couples
What We Love About This Home
  • •< 700 sqft of generous functional square footage
  • •Desirable Vacant Land architecture in Bancroft Ward, Bancroft
Standout Features & Layout
Who Should Buy This Home?

First-time home buyers, professionals, or investors seeking value.

Target Buyer Match

Key Features

000
Living Area
< 700 sqft
Property Type
Residential Freehold

Additional Details

StatusPrice Change
AddedAug 5, 2025 (389 days ago)
UpdatedJan 26, 2026 (215 days ago)
Last Checked22 minutes ago
Transaction TypeFor Sale

Property Details

Property Sub-TypeVacant Land
Lot Size252 Ă— 13.243 Feet
CountyHastings
Annual Tax$154
Legal DescriptionPT LT 75-76 CON W OF HASTINGS RD FARADAY PT 4, AS IN QR134609 EXCEPT 21R3379; BANCROFT; COUNTY OF HASTINGS

Parking & Garage

Heating & Cooling

Features

Property Features

  • Arts Centre
  • Beach
  • Campground
  • Clear View
  • Golf
  • Hospital

Interior Features

  • None

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 40 York River Drive, Bancroft, ON

Q.What is the asking price for 40 York River Drive, Bancroft, ON ?

The current listing price for 40 York River Drive, Bancroft, ON in Bancroft Ward, Bancroft is $575,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 0 bedrooms and 0 bathrooms across approximately < 700 sqft.

Q.What property type and architectural style is 40 York River Drive, Bancroft, ON ?

40 York River Drive, Bancroft, ON is a Vacant Land () featuring a basement.

Q.What key property features does 40 York River Drive, Bancroft, ON offer?

Key property features include: Arts Centre, Beach, Campground, Clear View, Golf, Hospital.

Q.What interior features are included in this home?

Interior highlights include: None.

Q.What heating and cooling systems are installed?

Heating is provided via standard central heat and cooling via .

Virtual Tour & 3D Walkthrough

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Location

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40 York River Drive, Bancroft, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Bancroft Ward, Bancroft

SAFETY RATING9.4 / 10
Low Incident Area
Total Annual Incidents35 incidents / yr
Average Per Month2.9 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

8 assaults (30.0/100k)

Property Security
Very Low

8 B&E (30.0/100k)

Auto Theft Risk
Low Risk

10 thefts (35.0/100k)

1-Year Trend
â–Ľ 6%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) Ă— 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.

Source: Official Police Services ArcGIS Open Data
Halton & GTHA Police Network

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.

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 40 York River Drive, Bancroft, ON K0L 1C0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Bancroft.

Configure Loan Settings

Interest Rate4.00%
Down Payment$172,500 (30.0%)
* Minimum Canadian down payment required for this price is $32,500.
Amortization Period30 Years
Estimated Monthly Payment$1,914Based on a loan of $402,500 over 30 years.
Purchase Price$575,000
Loan Amount$402,500
Provincial Land Transfer Tax:$7,975
Total Estimated Closing Taxes:$7,975

About Purchasing a Home in Bancroft, ON

For a property listed at $575,000 in Bancroft, the legal minimum down payment is $32,500 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 $7,975 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 $7,975.

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Bancroft Ward, Bancroft Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Bancroft Ward, Bancroft.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$565,629

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Best Schools in Bancroft Ward, Bancroft

Elementary Schools

North Hastings
Public14 Monck Street, Bancroft, Ontario, K0L 1C0
4.1
Our Lady of Mercy
Public192 Bridge Street West, Bancroft, Ontario, K0L 1C0
8.3
Birds Creek
Public33 South Baptiste Lake Road, Bancroft, Ontario
4.3

Secondary Schools

North Hastings
Public14 Monck Street, Bancroft, Ontario, K0L 1C0
3.5

Bancroft Ward, Bancroft Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

Need more details or a custom CMA?

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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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