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 $249,900 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.
Prime commercial opportunity in the heart of Bancroft! Located at 53 Cleak Avenue, this high-visibility property offers an excellent location for entrepreneurs, investors, or anyone looking to establish a business in the downtown core. With Commercial Main Street (CMS) zoning, the property provides flexibility for a variety of business uses. Situated on a generous 0.62-acre lot, the property features a functional commercial building with storefront space highlighted by large display windows, office space, and ample storage areas to support your business needs. Two propane wall furnaces heat the building. Outside, you'll find a detached garage for additional storage or workspace, along with three shipping containers included in the sale, offering even more room for equipment, inventory, or business operations. A billboard frame is already installed at the front of the property, providing a fantastic opportunity for prominent business signage and increased exposure to passing traffic. Positioned in a well-travelled area, this property offers outstanding potential for retail, service-based businesses, office space, or other commercial ventures permitted under CMS zoning. Whether you're looking to relocate, expand, or launch a new business, this property provides the location, space, and exposure needed to help your business succeed.
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This commercial retail located at 53 Cleak Avenue, Bancroft is currently for sale and has been available on SousaSells for 88 days. This property is listed at $249,900 with an estimated mortgage of $832* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 53 Cleak Avenue, 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 53 Cleak Avenue, Bancroft, ON in Bancroft Ward, Bancroft is $249,900.
This property features null bedrooms and null bathrooms.
53 Cleak Avenue, Bancroft, ON is a Commercial Retail () featuring a basement.
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 53 Cleak Avenue, 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 $249,900 in Bancroft, the legal minimum down payment is $12,495 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 $2,224 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 $2,224.
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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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