20 Valleyview Drive, Bancroft, ON K0L 1C0, Bancroft, ON
Bed 37
Bath 24
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.
Property Highlights
For Sale
MLS NO.
X13503322
Type
Residential Freehold
Sub Type
Multiplex
Bedrooms
37
Bathrooms
24
Parking
24.0
Complete Property Details
Property Type
Residential Freehold
Sub Type
Multiplex
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
X13503322
Living Area Range
3500-5000
Total Bedrooms
37
Bedrooms Above Grade
37
Total Bathrooms
24
Total Kitchens
24
Kitchens Above Grade
24
Rooms Above Grade
87
Interior Features
Water Heater Owned
Fireplace
No
Central Vacuum Yn
No
Construction
Brick
Roof
Asphalt Shingle
Lot Width
249.82
Parking Total
24.0
Covered Spaces
0.0
Garage Type
None
Garage
No
Pool
None
Direction Facing
East
Cooling
Window Unit(s)
Heat Source
Electric
Heat Type
Baseboard
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
20 Valleyview Drive, Bancroft, ON K0L 1C0
City
Bancroft
Neighbourhood
Bancroft Ward
County / Region
Hastings
Province / State
ON
Postal Code
K0L 1C0
Cross Street
Monck St (HWY 28) & Valleyview Dr
Directions
Take Monck St (Hwy 28) into Bancroft. Turn onto Valleyview Dr.
Country
CA
List Price
$4,312,000
Annual Taxes
$25,532
Tax Year
2026
Legal Description
PT LT 4 CON B FARADAY PT 3 21R3615 T/W QR460688; BANCROFT ; COUNTY OF HASTINGS SUBJECT TO AN EASEMENT IN GROSS OVER PT 2 21R23213 AS IN HT96423
Possession Type
Flexible
Possession Details
Possession Date is negotiable
Listing Office
Anchor New Homes Inc.
Board
Oakville, Milton & District Real Estate Board
Original Entry
2026-06-30T01:57:38Z
Media Updated
2026-06-30T01:57:38Z
Photos Updated
2026-06-30T01:57:38Z
Last Modified
2026-06-30T01:57:38Z
System Modified
2026-07-06T21:40:58.911516Z
MLS Status
New
Architectural Style
3-Storey
Basement
Walk-Out
Ddfyn
Yes
Expiration Date
2026-12-31
Foundation Details
Concrete
Heat Source Multi
Electric
Heat Type Multi
Baseboard
Hstapplication
Not Subject to HST
Occupant Type
Tenant
Originating System Id
A00001796
Parcel Number
400760103
Parking Spaces
25
Public Remarks
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.
