$675,000

For sale

16 Williams Drive, Bancroft (Bancroft Ward) - Single Family for Sale

16 Williams Drive, Bancroft (Bancroft Ward), Ontario, K0L1C0

4 beds3 baths7 parking1,750 ft²50 × 185 ft (9,250 sq ft) lot sizeListed 31 days ago

Overview

This 4-bedroom, 3-bathroom home in Bancroft is for sale offering roughly 1,750 sq ft of space. It has been on the market 31 days, fresher than the Bancroft average of 104 days.

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Description

Welcome to this stunning 4-year new custom-built raised bungalow showcasing exceptional craftmanship & thoughtful design. The striking exterior features charcoal siding complimented by an oversized garage & spacious driveway. The large meticulously maintained 50 x 185 ft lot backs on to greenspace & is nestled on a quiet cul-de-sac surrounded by beautiful homes. Inside, discover the sun filled open-concept layout featuring rich laminate flooring throughout. The kitchen is designed for entertaining, with crisp white cabinetry, a generous island with seating, stainless-steel appliances & a navy accent wall that adds a nice contrast to the room. The bright, sun-filled sunroom offers panoramic views of the beautiful backyard- perfect for morning coffee! The primary bedroom features a spa-like bathroom with a large walk-in shower & his and her closets. A second bedroom, a second full bathroom, convenient main floor laundry & garage access complete this level. Downstairs, you'll notice the separate side entrance that leads to an income-generating one-bedroom in-law suite featuring a living room, kitchen, 3-piece bathroom & its own separate laundry. It is currently tenanted at $1700 monthly & the Tenant will be vacating with the Sellers. This home is perfect for immediate cash flow to offset carrying costs or for the multi-generational family requiring extra space & privacy. You will also find an additional bedroom, rec room (which can also be used as a bedroom), cold storage & utility room. You'll be impressed with the many lower-level windows in this raised bungalow including an egress window in the in-law suite bedroom. This home offers the perfect blend of small-town charm with lots of outdoor activities. Known as the "Mineral Capital of Canada", Bancroft provides easy access to lakes, trails & parks, enjoy local shops, restaurants & community events along the charming main street, while still being within reach of essential amenities. (id:66096)

Property Details

MLS®: X13860072
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 2 above · 2 below
Bathrooms: 3
Parking: 7
Interior Size: 1,750 ft²
Lot Size: 50 × 185 ft (9,250 sq ft)
Frontage: 50 ft
Storeys: 1
Style: Raised bungalow
Basement: Finished, Full, Apartment in basement, Separate entrance, N/A, N/A, N/A
Heating: Heat Pump, Forced air, Electric
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Ownership: Freehold
Property Tax: $5,915.39/yr

Rooms

Ground level

Living room: 4.78 x 4.55 meters
Kitchen: 4.98 x 4.78 meters
Sunroom: 4.78 x 3.1 meters
Primary Bedroom: 4.75 x 3.1 meters
Bedroom 2: 3.73 x 2.79 meters
Laundry room: 2.08 x 0.84 meters

Basement

Bedroom 4: 4.78 x 3.76 meters
Utility room: 4.78 x 2.24 meters
Cold room: 1.83 x 1.57 meters
Living room: 4.37 x 2.87 meters

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Range, Dryer, Microwave, Freezer, Window Coverings, Garage door opener, Garage door opener remote(s), Water Heater
Flooring: Concrete, Laminate, Carpeted
Foundation: Insulated Concrete Forms
Exterior: Vinyl siding
Lot Features: Cul-de-sac, Wooded area, In-Law Suite

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

31d

Bancroft (Bancroft Ward) listings, avg age

104d

Price / ft²

$386

List price

$675K

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 4-bed single family in Bancroft (Bancroft Ward) has been listed for 31 days, which is 73 days fresher than the city average of 104. Act while there is still low competition.

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Listed by RE/MAX REAL ESTATE CENTRE INC. · TRACEY LYNN DRIVER

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0L)

This home lists at $675,000, about 8.5× the local median household income of $79,000.

Carrying it typically needs a household income of about $131,851 (20% down, 25-yr amortization, stress-tested) — roughly 67% 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)

$675,000· $386/ft²

For sale

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Full Cost Breakdown

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Down Payment6.30% · $42,500.00

Min 6.30%50%

Mortgage payment$3,507/mo

↳ CMHC premium ($25,300 capitalized)

Property tax (est.)$493/mo

Total monthly$4,000

Cash Needed to Close

Down payment (6.30%)$42,500

Land transfer tax$9,975

Est. closing costs$4,525

Total cash needed$57,000

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