33 Flint Avenue, Bancroft, ON K0L 1C0
Bancroft, ON, K0L 1C0 · Bancroft Ward
About this property
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.
Features & Amenities
- Garage: None
- Cooling: No
- Heat Type: Radiant
Property Details
| Property Type | Commercial |
|---|---|
| Property Sub-Type | Investment |
| Bathrooms | 6 |
| Lot Size | 29,665 Feet |
| Garage | None |
| Heat Type | Radiant |
| Cooling | No |
| Annual Tax | $5,557 |
| Tax Year | 2025 |
Building & Construction
- Building Area Total
- 29665
Heating & Cooling
- Heat Type
- Radiant
- Cooling
- No
Parking & Garage
- Garage Type
- None
Lot & Land
- Lot Size Area
- 29665.00
- Lot Size Units
- Feet
- Lot Depth
- 173.00
- Lot Width
- 131.00
Financial & Tax
- Tax Annual Amount
- $5,557
- Tax Year
- 2025
- Possession Type
- Flexible
- Possession Details
- Flexible
Utilities & Services
- Utilities
- Yes
Additional Details
- Occupant Type
- Tenant
- County Or Parish
- Hastings
- Cross Street
- BRIDGE & HASTINGS
- Directions
- ON-28 N 1.6 km, Turn left onto Dale St, 71 m, Turn left onto Flint Ave. Destination will be on the left
- Showing Requirements
- List Brokerage
Location
33 Flint Avenue, Bancroft, ON K0L 1C0, Bancroft, ON, K0L 1C0