ON > Bancroft
Bancroft, ON K0L1C0,105 HASTINGS STREET N
Bancroft, ON K0L1C0,105 HASTINGS STREET N
Bancroft, ON K0L1C0,105 HASTINGS STREET N
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RE/MAX Generation

RE/MAX Generation

+1(250) 858-5465
$575,000
Est. payment /mo
3 Baths
6,576 SqFt
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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 6,576 sqft

Price per Sqft $87

MLS® Listing ID X11888463

Originating Board Toronto Regional Real Estate Board

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! (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Baseboard heaters

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 6

Private Pool No

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Listed by ROYAL LEPAGE CREDIT VALLEY REAL ESTATE
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+1(250) 882-3335

alex@victoriahomes.com

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