$550,000

$575,000For salePrice drop↓ $25,000 (4%)

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10 - 12 Flint Avenue, Bancroft (Bancroft Ward) - Retail for Sale

10 - 12 Flint Avenue, Bancroft (Bancroft Ward), Ontario, K0L1C0

2 parking6,732 ft²6,534 sq ft (0.15 ac) lot sizeListed 105 days ago

Overview

This retail property in Bancroft is for sale offering roughly 6,732 sq ft of space.

Retail Space for Sale in Bancroft →All real estate in Bancroft →

Description

Bancroft - Great investment opportunity to own a desirable building in the downtown core. Property currently has two reliable rental properties - Choices Thrift Shop and The Art Gallery of Bancroft that both front on Flint St. Building has parking out front for customers and there is a laneway for parking for the apartment. Very spacious second floor apartment can also be used as rental income or provide fabulous living accommodations for the owner. Apartment features an open concept layout with a kitchen that is ideal for entertaining with a generous amount of cupboards and a wrap around counter. Living room has a propane fireplace, skylights and an adjoining den. Primary bedroom has a very large ensuite. There is a second bedroom, laundry room, 3 piece bathroom and a huge utility room with tons of storage. Added bonus of a 20 X 30 enclosed porch and another 30 x 30 deck where you overlook the town. Main floor vestibule with a chair lift installed. The building is within walking distance to all amenities. SEE DOCUMENTS OF FILE FOR MORE INFORMATION (id:66096)

Property Details

MLS®: X13594028
Property Type: Retail
Business Type: Retail and Wholesale
Zoning: C-MS
Parking: 2
Interior Size: 6,732 ft²
Lot Size: 6,534 sq ft (0.15 ac)
Frontage: 102 ft
Building Area: 6,732 ft²
Cooling: Partially air conditioned
Property Tax: $11,668.48/yr
Listed: 105 days ago

Features

Appliances: Washer, Central Vacuum, Dishwasher, Oven, Dryer, Freezer, Water Heater

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

105d

Bancroft (Bancroft Ward) listings, avg age

104d

Price / ft²

$82

List price

$550K

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 retail in Bancroft (Bancroft Ward) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by RE/MAX COUNTRY CLASSICS LTD. · Chris Grant

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0L)

This home lists at $550,000, about 7.0× the local median household income of $79,000.

Carrying it typically needs a household income of about $107,434 (20% down, 25-yr amortization, stress-tested) — roughly 36% above 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)

$550,000· $82/ft²

For sale

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