Scott Morgan - Sutton
44 Baldwin Street
Brooklin, ON L1M1A2
$899,900 $4,831 est/mo Sourced by Back At You
33 Flint Avenue,Bancroft (Bancroft Ward), ON K0L1C0
Bancroft (Bancroft Ward), ON K0L1C0
Description
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:13843)
Details
| MLS # | X13538780 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 111 |
| Listing Provided By | HOMELIFE/BAYVIEW REALTY INC. | DAVID SHENOUDA |
Features
| Bath(s) | 6 Total |
|---|---|
| SQ Feet | 29,665 |
| Zoning | CF |
Interior
| Cooling | None |
|---|---|
| Heating | Radiant heat |
| Fireplace Yes / No | No |
Utilities
| Water Source | Municipal water |
|---|
Taxes
| Tax Annual Amount | 5557.3 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Bancroft (Bancroft Ward) |
| Postal Code | K0L1C0 |
| Listing VS Median (in K0L1C0) | |
Price: $899,900 low | high Med: $549,999 sqft: 29,665 low | high Med: 1,500 $ / sqft: $30 low | high Med: $367 On site: 111 low | high Med: 131 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Bancroft (Bancroft Ward) |
| Postal Code | K0L1C0 |
| Listing VS Median (in K0L1C0) | |
Price: $899,900 low | high Med: $549,999 sqft: 29,665 low | high Med: 1,500 $ / sqft: $30 low | high Med: $367 On site: 111 low | high Med: 131 | |
Listing Updated: September 29, 2026 at 5:11:07 AM PDT
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