ON > Bancroft
Bancroft, ON K0L 1C0,105 Hastings ST N
Bancroft, ON K0L 1C0,105 Hastings ST N
Bancroft, ON K0L 1C0,105 Hastings ST N
Bancroft, ON K0L 1C0,105 Hastings ST N
Bancroft, ON K0L 1C0,105 Hastings ST N
Bancroft, ON K0L 1C0,105 Hastings ST N
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Fawad Nissari

Fawad Nissari

+1(416) 878-1085
$ 575,000
Est. payment | /mo

3 Baths

6,576 SqFt

Save
$ 575,000
Est. payment | /mo
Save

3 Baths

6,576 SqFt

Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 6,576 sqft

Price per Sqft $87

MLS Listing ID X11888463

Annual Tax Amount $2,854

Tax Year 2024

Property Sub-Type Commercial Retail

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!

Location

Province ON

County Hastings

Area Hastings

Interior

Heating Yes

Cooling No

Exterior

Community Features Major Highway, Recreation/Community Centre

Utilities Available Yes

Lot Frontage 66.0

Lot Depth 100.0

Others

Security Features No

Listed by ROYAL LEPAGE CREDIT VALLEY REAL ESTATE
agent-avatar

When it comes to Real Estate, it's not just a transaction; it's a relationship built on trust and honesty. I understand that buying or selling a home is one of the most significant financial decisions you will make in your lifetime, and that's why I take my role very seriously. I make it my mission to ensure that my clients are well informed and comfortable with the process every step of the way.

+1(416) 878-1085

fawad.nissari@exprealty.com

420 Main St E Unit 556, Milton, ON, L9T 5G3, CAN

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105 Hastings ST N

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