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 $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.
**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!---
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This commercial retail located at 105 Hastings Street, Bancroft is currently for sale and has been available on SousaSells for 214 days. This property is listed at $575,000 with an estimated mortgage of $1,914* per month. It has 0 beds, 4 bathrooms, and is unknown square feet. 105 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 105 Hastings Street, Bancroft, ON in Bancroft Ward, Bancroft is $575,000.
This property features null bedrooms and 4 bathrooms.
105 Hastings Street, Bancroft, ON is a Commercial Retail () featuring a basement.
Community features and nearby amenities include: Major Highway, Recreation/Community Centre.
Security features include: No.
Heating is provided via standard central heat and cooling via No.
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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 105 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 $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.
Comprehensive city-wide demographics, local real estate stats, and school rankings for Bancroft Ward, Bancroft.
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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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