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 neighbourhood . It's been on the website for 211 Days.

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

This is a fantastic investment opportunity! **Investment Property Opportunity in Downtown Bancroft!**Discover this beautifully renovated commercial building, perfectly situated in the heart of Bancroft’s vibrant downtown. Currently operating as a successful hair salon, this versatile property offers multiple income streams and exciting potential for further development.**Main Floor Features:**- Recently added a second 2-piece bathroom- Separate entrance for privacy and convenience- The main floor has been divided with drywall, creating a rentable space- Existing commercial use as a hair salon, with additional potential to convert into two rental units- Recent updates include a durable metal roof installed in 2023**Upper Level / Apartments:**- Two fully rented units: – A spacious 3-bedroom apartment – A cozy 1-bedroom unit- Modern 3-piece bathrooms in both units, with new fixtures- Fresh paint and new laminate flooring throughout- Separate hydro and water meters for each unit, simplifying management- Both apartments are currently rented, ensuring immediate cash flow**Additional Highlights:**- Plumbing in place for a second bathroom, offering potential to convert the main floor into two additional rental units- The current salon operator is open to negotiating a favorable lease to remain as a tenant, providing stability for the new ownerDon’t miss out on this prime downtown property with multiple income opportunities and the potential for further development. Perfect for investors seeking immediate cash flow and future growth!—Would you like me to create a visual advertisement or social media post for this listing?

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
  • $568,424 Average List Price
    based on 1 year
  • 22 New Listings
    based on 30 days
  • 72 Median Days on Market
    based on 1 year
  • List vs. Selling Price 144.88 % Up
  • Sold (12mo) 95
  • Rented (12mo) 3

  • 1 Month Change -100.0%
  • 3 Month Change -
  • 6 Month Change -100.0%
Walkscore
  • 59 Walk Score
    Somewhat Walkable
  • 21 Bike Score
    Somewhat Bikeable
Property Type Distribution
  • All Houses
    69.11%
  • Commercial
    27.38%
  • Condo
    0.45%
  • Land for Sale
    3.06%
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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