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About the Listing 589700 -
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.
Listing Highlights
Status
Active
Days on Site
7
Property Type
Commercial Sale
MLS ®
X13538780
Year Built
Total Square Footage
0
Lot/Acreage
29665
Interior Details
- Bedrooms: 0
- Bathrooms: 6 Full
- Appliances:
- Air Cond: No
- Heating: Radiant
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Roof:
- Others:
- Sewer:
- Parking Features: No Garage
Financial Details
- Tax Amount: $5,557
- Taxes w/Assessments: N/A
- Tax/Property ID: 400730203
- Tax Year: 2025
Payment Calculator
Monthly Payment
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- in Taxes
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Questions About..
33 Flint Ave Bancroft, ON K0L 1C0
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