For Sale

105 Hastings Street, Bancroft, Ontario K0L 1C0

$575,000

105 Hastings Street, Bancroft, Ontario K0L 1C0 is For Sale and has a listing price of 575,000. The property is located in the Bancroft . It's been on the website for 89 Days.

  • 3
    Bathrooms
  • MLS ID: X12086204
  • Office Name ROYAL LEPAGE CREDIT VALLEY REAL ESTATE
Property Description

**Investment Property Alert!** This beautifully renovated commercial building in the heart of downtown Bancroft presents a prime opportunity for income generation. Currently operating as a hair salon, the main floor features a 2-piece bathroom, with plumbing available to easily add a second bathroom. Theres also a secondary access point on the main floor behind the wall, enhancing the building’s versatility. The second story boasts two well-appointed apartments with a separate entrance: a spacious 3-bedroom apartment and a cozy one-bedroom unit. Both apartments feature modern 3-piece bathrooms, new fixtures, fresh paint, and new laminate flooring, making them attractive rental options. As an added bonus, both apartments are already rented out, ensuring immediate cash flow. Recent updates include a new metal roof installed in 2023 and extensive renovations throughout the property, all completed within the same year. Each unit is on separate hydro and water meters, providing ease of management. There’s exciting potential to convert the main floor into two additional rental units, with plumbing already in place for a second bathroom. **Extras:** The current salon operator is open to negotiating a favorable rate to stay on as a tenant, providing added stability for the new owner. Don’t miss this fantastic opportunity to invest in a prime downtown location with multiple income streams!

Property Details
  • MLS ID: X12086204
  • Bathrooms: 3
  • Price: $575,000
  • Lot Depth: 100
  • Transaction Types: For Sale
  • Ref ID: X12086204
  • Year Built: N/A
  • Dir / Cross St: Hastings/Station St
  • Status: Active
  • Tax Year: 2024
  • Property Type: Commercial
  • Property Sub Category: Retail
Price History
List Date MLS ID List Price Status End Date Closed Price
04/16/2025 X12086204 $575,000 For Sale - -
12/10/2024 X11888463 $575,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Bancroft
  • $593,966 Average List Price
    based on 1 year
  • 0 New Listings
    based on 30 days
  • 91 Median Days on Market
    based on 1 year
  • List vs. Selling Price 155.47 % Up
  • Sold (12mo) 27
  • Rented (12mo) 1

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
  • 58 Walk Score
    Somewhat Walkable
  • 21 Bike Score
    Somewhat Bikeable
Property Type Distribution
  • All Houses
    69.17%
  • Commercial
    26.62%
  • Condo
    0.32%
  • Land for Sale
    3.88%
Additional Details
  • Heat Type Baseboard
  • Washroom Type1: 3
  • Heating System Y
  • Garage Type Y
  • Parking Spaces: 6
  • Taxes: $2,855
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: TBD
  • Listing Entry Date: 16/04/2025 15:18:10
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