0 28 Highway East, Bancroft (Dungannon Ward) - Vacant Land for Sale

0 28 Highway East, Bancroft (Dungannon Ward), Ontario, K0L1C0

0 baths782 × 455 ft (8.16 acres) lotListed 68 days ago

Overview

This lot in Bancroft is for sale. It has been on the market 68 days, fresher than the Bancroft average of 82 days.

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Description

A great opportunity to own approximately 10 acres of well-treed, gently rolling land just 5 minutes east of Bancroft on Highway 28 East. This attractive rural parcel offers a combination of natural privacy, varied terrain and convenient access to town. The property features a mix of mature trees and rolling topography, providing an excellent setting for those looking for space and privacy while remaining close to Bancroft's amenities. Hydro is available at the road. No significant streams or wetlands have been identified on the property. The property is Rural Residential zoned, offering potential for a variety of rural residential uses, subject to the applicable municipal approvals, zoning requirements and due diligence by the Buyer. A desirable location for those looking for acreage close to town, with the added benefit of easy access to Highway 28 and the surrounding North Hastings recreational area. (id:66096)

Property Details

MLS®: X13723044
Property Type: Vacant Land
Zoning: RES
Bathrooms: 0
Lot Size: 782 × 455 ft (8.16 acres)
Frontage: 782 ft
Garage: No Garage
Property Tax: $800/yr
Listed: 68 days ago

Features

Lot Features: Wooded area, Hilly

Services

Utilities: Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

68d

Bancroft (Dungannon Ward) listings, avg age

82d

List price

$110K

Homes here sell slower than most markets

Sold homes in this market spent an average of 69 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 92.7 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This vacant land in Bancroft (Dungannon Ward) has been listed for 68 days, which is 14 days fresher than the city average of 82. Act while there is still low competition.

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Listed by Century 21 Granite Realty Group Inc. · Ray Krupa

Area context

Neighbourhood profile (K0L)

This home lists at $110,000, about 1.4× the local median household income of $79,000.

Carrying it typically needs a household income of about $21,487 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $79,000
Population: 78,142
Median age: 54
Owner / renter: 88% / 12%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA K0L)

$110,000

For sale

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