$645,000

For sale

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82 Bay Lake Road, Bancroft (Dungannon Ward) - Single Family for Sale

82 Bay Lake Road, Bancroft (Dungannon Ward), Ontario, K0L2L0

5 beds2 baths11 parking ft²

1046 Detlor Road, Bancroft (Dungannon Ward), Ontario, K0L2L0

2 bd1 ba6 pk900 ft²Lot size 300 × 357 ft (2.46 acres)

Listed by Bowes & Cocks Limited

89 Stewart Road, Bancroft (Dungannon Ward), Ontario, K0L2L0

For sale

15 days ago

$1.31M

89 Stewart Road, Bancroft (Dungannon Ward), Ontario, K0L2L0

4 bd2 ba7 pk1,300 ft²Lot size 176.00 acres

Listed by Reva Realty Inc.

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

For salePrice drop

26 days ago

$399K$500K

↓ $101K (20%) price drop

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

3 bd2 ba6 pk1,750 ft²Lot size 1311 × 3312 ft (99.65 acres)

Listed by RE/MAX WEST REALTY INC.

1367 Detlor Road, Bancroft (Dungannon Ward), Ontario, K0L2L0

For sale

34 days ago

$629K

1367 Detlor Road, Bancroft (Dungannon Ward), Ontario, K0L2L0

5 bd2 ba4 pk1,300 ft²Lot size 694 × 1577 ft (25.12 acres)

Listed by Century 21 Granite Realty Group Inc.

Investment analysis

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$645,000

Bancroft

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Description

Stunning Log Home situated on nearly 4 acres just outside of Bancroft. Five bedrooms , 2 bathrooms, open concept modern kitchen , cozy family room with fireplace to enjoy the evenings. Large screened porch full of charm. Numerous updates make this home move in ready. Property is well treed and fully landscaped. Brand new Heat Pump with AC installed with 10 year warranty inculded. Home has recently had exterior pressure washed and is ready for immediate move in. (id:66096)

Property Details

MLS®: X13738744
Property Type: Single Family
Zoning: RES
Bedrooms: 5
Beds (above / below): 5 above · 0 below
Bathrooms: 2
Parking: 11
Interior Size: 2,250 ft²
Frontage: 342 ft
Storeys: 1
Style: Bungalow
Basement: Partial
Heating: Heat Pump, Forced air, Other
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $5,184.03/yr
Listed: 63 days ago

Rooms

Main level

Living room: 5.54 x 4.08 meters
Bedroom 5: 3.17 x 3.22 meters
Bathroom: 2.46 x 2.29 meters
Laundry room: 1.53 x 2.28 meters
Family room: 6.29 x 3.13 meters
Kitchen: 3.28 x 3.69 meters
Dining room: 2.9 x 3.69 meters
Sunroom: 2.16 x 8.01 meters

Second level

Bedroom 2: 3.13 x 3.24 meters
Bedroom 4: 2.61 x 3.34 meters
Bedroom 3: 3.36 x 3.32 meters
Bathroom: 2.39 x 2.12 meters
Great room: 7.22 x 3.84 meters
Primary Bedroom: 6.12 x 4.19 meters

Basement

Other: 3.6 x 7.45 meters
Other: 6.17 x 1.66 meters
Utility room: 9.69 x 3.65 meters

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

Market Timing

Days on market

63d

Bancroft (Dungannon Ward) listings, avg age

83d

Price / ft²

$287

List price

$645K

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.

Area context

Neighbourhood profile (K0L)

This home lists at $645,000, about 8.2× the local median household income of $79,000.

Carrying it typically needs a household income of about $125,991 (20% down, 25-yr amortization, stress-tested) — roughly 59% 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)

$645,000· $287/ft²

For sale

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Full Cost Breakdown

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Down Payment6.12% · $39,500

Min 6.12%50%

Mortgage payment$3,357/mo

↳ CMHC premium ($24,220 capitalized)

Property tax (est.)$432/mo

Total monthly$3,789

Cash Needed to Close

Down payment (6.12%)$39,500

Land transfer tax$9,375

Est. closing costs$4,435

Total cash needed$53,310

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82 Bay Lake Road, Bancroft (Dungannon Ward) - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Services

Market Timing

Location

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Neighbourhood profile (K0L)

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