$399,000

$499,900For salePrice drop↓ $100,900 (20%)

740 Lower Turriff Road, Bancroft (Dungannon Ward) - Single Family for Sale

740 Lower Turriff Road, Bancroft (Dungannon Ward), Ontario, K0L2L0

3 beds2 baths6 parking1,750 ft²1311 × 3312 ft (99.65 acres) lot sizeListed 26 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 29% below the $559,900 median asking price in Bancroft. It has been on the market 26 days, fresher than the Bancroft average of 82 days.

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Description

99.65 ACRES OF COUNTRY CHARM, PRIVACY & ENDLESS POSSIBILITIES! A rare opportunity to own nearly 100 acres of beautiful countryside, offering the perfect setting for a hobby farm, hunting retreat, recreational getaway, or those looking to embrace a quieter country lifestyle. This charming three-bedroom farmhouse features two bathrooms, a country-sized kitchen, a three-season sunroom, central vacuum, and plenty of storage. A unique second staircase connects the primary bedroom directly to the kitchen, adding character and convenience to the home's layout. The property offers an appealing mix of rural features, including a lean-to building, small shed , attached garage, small pond, and Russell Creek winding through the land. With its generous acreage, natural surroundings, and sense of privacy, this property presents an exciting opportunity for buyers seeking space, recreation, and the freedom to explore their own vision of country living... Nearly 100 acres. A charming farmhouse. A setting full of possibility. Come discover the potential and make this exceptional country property your own! (id:66096)

Property Details

MLS®: X13882158
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 6
Interior Size: 1,750 ft²
Lot Size: 1311 × 3312 ft (99.65 acres)
Frontage: 1,311 ft
Storeys: 1
Basement: Unfinished, N/A
Heating: Forced air, Oil
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Ownership: Freehold
Property Tax: $4,200/yr
Listed: 26 days ago

Rooms

Main level

Kitchen: 4.95 x 2.36 meters
Dining room: 4.24 x 5.02 meters
Living room: 5.48 x 5.23 meters
Laundry room: 1.62 x 2.94 meters
Sunroom: 5.53 x 3.68 meters

Second level

Primary Bedroom: 3.96 x 4.52 meters
Bedroom 2: 2.28 x 3.65 meters
Bedroom 3: 4.57 x 1.82 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: Stone, Block, Concrete
Exterior: Wood, Log
Lot Features: Wooded area, Sloping, Partially cleared, Waterway, Wetlands, Dry, Marsh, Hilly

Services

Sewer: Septic System
Utilities: Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

26d

Bancroft (Dungannon Ward) listings, avg age

82d

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 (Dungannon Ward) has been listed for 26 days, which is 56 days fresher than the city average of 82. Act while there is still low competition.

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Listed by RE/MAX WEST REALTY INC. · JORGE URBANO

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.)$350/mo

Total monthly$2,452

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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