$559,900

For sale

161 & 262 Colbourne Road, Bancroft (Dungannon Ward) - Single Family for Sale

161 & 262 Colbourne Road, Bancroft (Dungannon Ward), Ontario, K0L2L0

3 beds1 bath6 parking1,750 ft²2924 × 3255 ft (218.49 acres) lot sizeListed 116 days ago

Overview

This 3-bedroom, 1-bathroom home in Bancroft is for sale offering roughly 1,750 sq ft of space. Its $559,900 asking price sits right in line with the $559,900 median in Bancroft.

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Description

Discover the freedom and possibilities of country living on nearly 188 acres of beautiful, private land. This inviting three-bedroom, one-bathroom home is surrounded by multiple open fields, fenced paddocks, animal shelters, established trails and a large barn offering storage and animal stalls.The acreage features a scenic mix of hardwood forest, open fields and trails throughout, creating an exceptional setting for a hobby farm, equestrian property, livestock, hunting or year-round outdoor recreation. Wildlife is abundant, with elk known to travel through the surrounding area, and the region is well regarded for its excellent hunting opportunities.Generous deck areas extend along three sides of the home, allowing you to follow the sunshine throughout the day while enjoying the peaceful natural surroundings. Inside, a propane fireplace provides warmth and comfort on cooler evenings.Explore the forest, ride the trails, work the open land or simply enjoy the privacy of your own expansive rural retreat. Located far enough away to feel secluded, yet still within a convenient distance of everyday necessities, this property offers the best of both worlds.With its impressive acreage, existing farm infrastructure, mixed hardwood forest, fenced paddocks and endless recreational potential, this is a rare opportunity to bring your country-living vision to life. (id:66096)

Property Details

MLS®: X13553120
Property Type: Single Family
Zoning: RU & EP
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Parking: 6
Interior Size: 1,750 ft²
Lot Size: 2924 × 3255 ft (218.49 acres)
Frontage: 2,924 ft
Storeys: 1
Style: Raised bungalow
Basement: Finished, Walk out, N/A, N/A
Heating: Baseboard heaters, Electric
Cooling: None
Garage: No Garage
Fireplace: Yes
Property Tax

Rooms

Main level

Living room: 5.48 x 3.65 meters
Kitchen: 5.48 x 3.65 meters
Other: 3.04 x 3.04 meters
Other: 3.04 x 3.04 meters

Second level

Primary Bedroom: 7.77 x 3.96 meters
Bedroom 2: 4.03 x 2.76 meters
Bedroom 3: 3.98 x 3.4 meters
Laundry room: 4.11 x 3.27 meters
Bathroom: 1.52 x 2 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Stove, Dryer, Water Heater
Foundation: Block, Poured Concrete
Exterior: Wood
Lot Features: Wooded area, Irregular lot size, Flat site, Dry, Country residential

Services

Water: Drilled Well
Sewer: Septic System
Utilities: Electricity, Telephone, Wireless, Electricity Connected

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

116d

Bancroft (Dungannon Ward) listings, avg age

82d

Price / ft²

$320

List price

$560K

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 3-bed single family in Bancroft (Dungannon 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 Bowes & Cocks Limited · Mary Brown

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0L)

This home lists at $559,900, about 7.1× the local median household income of $79,000.

Carrying it typically needs a household income of about $109,368 (20% down, 25-yr amortization, stress-tested) — roughly 38% 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)

$559,900· $320/ft²

For sale

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Full Cost Breakdown

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Down Payment5.53% · $30,990.00

Min 5.53%50%

Mortgage payment$2,932/mo

↳ CMHC premium ($21,156 capitalized)

Property tax (est.)$291/mo

Total monthly$3,224

Cash Needed to Close

Down payment (5.53%)$30,990

Land transfer tax$7,673

Est. closing costs$4,180

Total cash needed$42,843

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