$1,309,000

For sale

89 Stewart Road, Bancroft (Dungannon Ward) - Single Family for Sale

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

4 beds2 baths7 parking1,300 ft²176.00 acres lot sizeListed 15 days ago

Overview

This 4-bedroom, 2-bathroom home in Bancroft is for sale offering roughly 1,300 sq ft of space. It has been on the market 15 days, fresher than the Bancroft average of 82 days.

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Description

89 Stewart Road, a recently renovated three bedroom side split on 176 acres just South of Bancroft, in Ontario's Mineral Capital, about 2.5 hours from Ottawa and 1.75 hours from 407/115. Step out your front door and into your own efficient 3,200+ tap maple syrup operation within 176 acres of ancient rocky outcrops, forest and meandering creek. This property is the ultimate in peace and privacy, nature and recreation abounds: near Lakes and Algonquin Park; 1km to the Hastings Heritage Trail for snowmobiling / ATVing; minutes from the Town of Bancroft; on-site snowshoeing trails; hunting; fishing and wildlife observation (elk, moose, owls, deer, turtles, etc.). Home renovations include extensive landscaping; a 2-tiered deck with luxury 7 person hot tub; new heat-pump, propane heating/cooling systems; Kinetico water system; updated kitchen/bath; wiring for a back-up generator and a finished basement with kitchen and bath, versatile for family or business needs. This property allows you to build a meaningful, land-based lifestyle, the Sellers can be available to cross-train and provide support for the first maple syrup season. Raise your Family or retire here with extra maple syrup income. Possible severance of 120 acres. Come visit, and get sweeter! (id:66096)

Property Details

MLS®: X14097560
Property Type: Single Family
Zoning: RU, EP
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 2
Parking: 7
Interior Size: 1,300 ft²
Lot Size: 176.00 acres
Frontage: 1,312 ft
Basement: Finished, Separate entrance, Walk out, N/A, N/A
Heating: Forced air, Propane
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Fireplace: Yes
Property Tax: $6,274.83/yr
Listed: 15 days ago

Rooms

Main level

Kitchen: 4.57 x 2.74 meters
Living room: 5.18 x 3.55 meters
Dining room: 2.9 x 2.74 meters

Upper Level

Bedroom: 2.74 x 2.74 meters
Bedroom 2: 3.96 x 3.05 meters
Bedroom 3: 3.96 x 3.05 meters
Bathroom: 1.98 x 2.29 meters

Lower level

Bedroom: 3.51 x 6.1 meters
Bathroom: 2.44 x 1.83 meters

Features

Appliances: Water purifier, Hot Tub, Dishwasher, Dryer, Microwave, Fixed Machinery & Equipment Incl, Mobile Machinery & Equipment Inc, Two stoves, Two Washers, Water Heater, Two Refrigerators
Foundation: Concrete
Exterior: Brick, Vinyl siding
Lot Features: Cul-de-sac, Wooded area, Rocky, Sloping, Open space, Wetlands, Carpet Free, Country residential, Guest Suite, In-Law Suite

Services

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

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

15d

Bancroft (Dungannon Ward) listings, avg age

82d

Price / ft²

$1,007

List price

$1.31M

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 (Dungannon Ward) has been listed for 15 days, which is 67 days fresher than the city average of 82. Act while there is still low competition.

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Listed by Reva Realty Inc. · Jack Biernaski

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0L)

This home lists at $1,309,000, about 16.6× the local median household income of $79,000.

Carrying it typically needs a household income of about $255,694 (20% down, 25-yr amortization, stress-tested) — roughly 224% 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)

$1,309,000· $1,007/ft²

For sale

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Full Cost Breakdown

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Down Payment8.09% · $105,900.00

Min 8.09%50%

Mortgage payment$6,670/mo

↳ CMHC premium ($48,124 capitalized)

Property tax (est.)$523/mo

Total monthly$7,193

Cash Needed to Close

Down payment (8.09%)$105,900

Land transfer tax$22,655

Est. closing costs$6,427

Total cash needed$134,982

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