20 Valleyview Drive, Bancroft, ON K0L 1C0
Bancroft, ON, K0L 1C0 · Bancroft Ward
About this property
The property is a 24-unit apartment building in Bancroft, built in 1980 and renovated between 2022 and 2026 offering stabilized income and opportunity for further top line revenue growth. Major capital improvements have been completed over the past few years making this a turnkey asset for investors with opportunity to further increase revenue with future turnover. New flooring consisting of high quality durable materials replaced in all common areas (hallways, stairwells & laundry area). Updated coin operated Machines in laundry area have added to increased monthly revenue. Other Recent upgrades to main plumbing, all new Roofing on side surround, all new railings and concrete steps to both exterior entrances and replacement of several water heaters within the building. The property benefits from professional management and a strategic location in Bancroft. Bancroft is a key service hub for North Hastings County with a population of around 60,000.The location offers proximity to healthcare, retail, dining, and recreation facilities. The rental market is supply-constrained, supporting rental growth. The area benefits from post-pandemic migration and increased demand for rental housing.
Features & Amenities
- Basement: Walk-Out
- Garage: None
- Cooling: Window Unit(s)
- Heat Type: Baseboard
- Heat Source: Electric
- Style: 3-Storey
- Construction: Brick
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Multiplex |
| Architectural Style | 3-Storey |
| Bedrooms | 37 |
| Bathrooms | 24 |
| Basement | Walk-Out |
| Garage | None |
| Parking Spaces | 25 |
| Heat Type | Baseboard |
| Heat Source | Electric |
| Cooling | Window Unit(s) |
| Sewer | Sewer |
| Annual Tax | $25,532 |
| Tax Year | 2026 |
Interior Features
- Interior Features
- Water Heater Owned
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- 3-Storey
- Construction Materials
- Brick
- Foundation Details
- Concrete
- Roof
- Asphalt Shingle
- Basement
- Walk-Out
Heating & Cooling
- Heat Type
- Baseboard
- Heat Source
- Electric
- Cooling
- Window Unit(s)
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 25
- Parking Total
- 24.00
- Covered Spaces
- 0
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 124.91
- Lot Width
- 249.82
Financial & Tax
- Tax Annual Amount
- $25,532
- Tax Year
- 2026
- Tax Assessed Value
- $1,187,784
- Possession Type
- Flexible
- Possession Details
- Possession Date is negotiable
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 87
- Kitchens Above Grade
- 24
- Kitchens Total
- 24
- Bedrooms Above Grade
- 37
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- East
- County Or Parish
- Hastings
- Cross Street
- Monck St (HWY 28) & Valleyview Dr
- Directions
- Take Monck St (Hwy 28) into Bancroft. Turn onto Valleyview Dr.
- Special Designation
- Unknown
- Showing Requirements
- See Brokerage Remarks
Location
20 Valleyview Drive, Bancroft, ON K0L 1C0, Bancroft, ON, K0L 1C0