43 days on Market

8 Sherbourne St, Bancroft, Ontario K0L 1C0

Townhouse
4
2
~1500-2000 sqft
$•••,•••
$399,000
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Townhouse
4
2
~1500-2000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$233/sqft

Est. Mortgage$1,714/mo

Tax Amount (2024)$2,789/yr

Days On Market43 days


Description

Prime Investment Opportunity in Bancroft 8 Sherbourne Street North. Beautifully renovated DUPLEX in the heart of Bancroft! Featuring two separate units, this home has been extensively updated and income generating for many years as both a short term rental and currently as a long term rental. Live in one unit while you rent the other or takeover the existing fantastic tenants. Currently generating 2000/month for the front 2 bedroom unit and 1400/month for the 2 bedroom back unit (all inclusive). The front unit boasts a bright and spacious layout with soaring ceilings, large windows, and a stunning open-concept kitchen with tile floors, dining, and living area. Updates include new windows, propane furnace (2022), 200amp panel, new radiators in the front unit (2024) , front door, and a modern kitchen (2015) and an exposed brick chimney that adds warmth and character to this century home. Upstairs, you will find two charming bedrooms, laundry room (potential for a 3rd bedroom) and a fully renovated four-piece bath. The 2 bedroom back unit has been completely transformed in 2019 with flooring, stylish kitchen, an updated four-piece bath, windows and doors, and a private patio. This unit is being sold fully furnished turnkey with high end furnishings. The backyard is private and spacious with mature trees and newly gravelled driveway with a large level parking area for 4+ vehicles. Additional highlights include radiant propane heating, a landscaped yard, and a welcoming covered porch. Located within walking distance to all amenities, this property offers fantastic income potential. Don't miss out on this incredible investment or generous family home!


Property Details

Style2-Storey
View-
Age of property100+
SqFt~1500-2000 SqFt
Lot Size10,890 SqFt(165 x 66)
Parking Spaces3
MLS ®NumberX12040067
Community NameBancroft
Data SourceTRREB
Listing byCENTURY 21 GRANITE REALTY GROUP INC.

Features

Heating: Radiant
Basement: Unfinished, Part Bsmt

Main Floor

Family

3.81 x 4.09

Dining

2.92 x 4.25

Kitchen

2.8 x 4.25

Living

4.72 x 4.25


Features

Lot size: 10,890 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 3


Property listed by CENTURY 21 GRANITE REALTY GROUP INC., Brokerage
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Market Data - Bancroft

Geo Zone Map ThumbnailBancroft

Strong Seller's Market

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Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

0 day

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2024

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New Listings

Past 30 days

0 listing

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2024

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Units sold

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0 unit

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2024

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Median Sold Price

Past 30 days

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Population and Demographics

Overview

Total population 3534
Average household income $89,024

Age (%)

65 and plus
34%
50 to 64
22%
0 to 19
17%
35 to 49
14%
20 to 34
13%

Household composition (%)

Single family
58%
Single person
38%
Multi person
3%
Multi family
0%

Mother tongue (%)

English
96%
Others
2%
French
1%

House tenancy (%)

Owners
63%
Renters
37%

Schools and amenities

Estimated Budget