$399,000

For sale

68 Bridge Street West, Bancroft (Bancroft Ward) - Single Family for Sale

68 Bridge Street West, Bancroft (Bancroft Ward), Ontario, K0L1C0

3 beds2 baths5 parking1,750 ft²66 × 165 ft (10,890 sq ft) lot sizeListed 72 days ago

Overview

This 3-bedroom, 2-bathroom home in Bancroft is for sale offering roughly 1,750 sq ft of space. Listed at $399,000, it is attractively priced about 24% below the $524,900 median asking price in Bancroft. It has been on the market 72 days, fresher than the Bancroft average of 104 days.

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Description

Three bedroom, two bathroom home for a great price! Currently operating as a successful Airbnb property! Country home in the heart of Bancroft. Fantastic location on a quiet street within walking distance to all Bancroft amenities. Large kitchen with separate dining area that walks out to the private backyard deck and firepit area. Large living room, main floor laundry and full unfinished basement. Recent updates include kitchen cabinets, flooring, paint, newer furnace and newer windows. Well-treed backyard providing fantastic privacy! Gazebo and play structure out back are both included with the sale. Detached garage for extra storage. All stainless steel appliances included. High-speed internet and full cell service. Great investment property, available for quick closing. (id:66096)

Property Details

MLS®: X13707896
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 5
Interior Size: 1,750 ft²
Lot Size: 66 × 165 ft (10,890 sq ft)
Frontage: 66 ft
Storeys: 2
Basement: Unfinished, Full
Heating: Forced air, Propane
Cooling: None
Garage: Detached Garage, Garage
Ownership: Freehold
Property Tax: $2,800/yr
Listed

Rooms

Main level

Kitchen: 4.88 x 3.56 meters
Dining room: 3.66 x 3.15 meters
Living room: 3.12 x 4.34 meters

Second level

Bedroom: 5.03 x 3.35 meters
Bedroom: 2.54 x 3.48 meters
Bedroom: 2.54 x 3.05 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, Dishwasher, Stove, Dryer
Foundation: Block
Exterior: Vinyl siding

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

72d

Bancroft (Bancroft Ward) listings, avg age

104d

Price / ft²

$228

List price

$399K

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 (Bancroft Ward) has been listed for 72 days, which is 32 days fresher than the city average of 104. Act while there is still low competition.

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Listed by HOMELIFE/MIRACLE REALTY LTD · AJAY SHAH

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0L)

This home lists at $399,000, about 5.1× the local median household income of $79,000.

Carrying it typically needs a household income of about $77,939 (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)

$399,000· $228/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,950

Min 5%50%

Mortgage payment$2,102/mo

↳ CMHC premium ($15,162 capitalized)

Property tax (est.)$233/mo

Total monthly$2,335

Cash Needed to Close

Down payment (5%)$19,950

Land transfer tax$4,460

Est. closing costs$3,697

Total cash needed$28,107

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