Space
Finished area and layout
- Building Area
- 29,665 sqft
- Bathrooms
- 6





Bancroft (Bancroft Ward), Ontario, K0L1C0
Property Snapshot
MLS #X13538780
Finished area and layout
Type, style and structure
Land, frontage and setting
This 6-bathroom multi-family in Bancroft offers 29,665 sqft of building area on a 29,665 ac lot. The property has lot dimensions of 29665. The home features oil, hot water heating, none.
Attention Investors! Exceptional opportunity to own a fully tenanted 5-plex in the heart of downtown Bancroft, offering an attractive 8.2% cap rate and strong, reliable returns. This well-maintained income property features five beautifully renovated and well-appointed apartments, all leased to AAA tenants, providing immediate, dependable cash flow with minimal management concerns. Designed for comfortable modern living, each spacious unit has been thoughtfully updated with quality finishes and features that appeal to today's tenants. The property also includes the added convenience of on-site coin laundry, creating an additional source of income. The building is equipped with individual hydro meters for each unit, helping to reduce operating expenses. Ideally situated within walking distance of Bancroft's restaurants, boutique shops, entertainment, and everyday amenities, the property also offers convenient access to public transit, making it highly desirable for renters. With rental housing in short supply and tenant demand remaining strong, this is an outstanding investment opportunity offering stable income, excellent occupancy, and long-term appreciation potential. Whether you're looking to expand your real estate portfolio or acquire a turnkey income-producing asset, this exceptional 5-plex delivers an excellent combination of cash flow, location, and investment value. Don't miss this rare opportunity. (id:60351)
Cross Streets: BRIDGE & HASTINGS. ** Directions: Flint Ave. east of Hastings.
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Price, taxes and monthly charges
Listed by DAVID SHENOUDA, HOMELIFE/BAYVIEW REALTY INC.
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Listed by DAVID SHENOUDA, HOMELIFE/BAYVIEW REALTY INC. · MLS# X13538780
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