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Mill St - Bancroft Development Land Portfolio 1.65 - 4.15 Acre Commercial Land Lots Offered at $1,600,000 - $6,540,000 CAD Per Lot in Bancroft, ON K0L 1C0

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INVESTMENT HIGHLIGHTS

  • Ideal for "Age-in-Place" continuum of care
  • Available development land parcel for proposed townhomes.
  • Available development land parcel for a proposed 94 unit ISL/AL seniors housing congregate care project.
  • Available development parcel for a proposed Hotel & a 1 storey commercial /retail plaza

EXECUTIVE SUMMARY

Opportunity to be part of a larger mixed use, multi-phased purpose-built residential, seniors apartment or retirement residential & hotel / retail development to intensify the neighbourhood. Current development plans call for 109 townhomes, 60-80 room, 62,000+ square foot four storey hotel, with approximately 10,000 square foot retail/commercial plaza & a 77,000+ square foot ISL/AL retirement residence. Draft plan approved.

PROPERTY FACTS

Price $1,600,000 - $9,890,000 CAD
Sale Type Investment
No. Lots 3
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Apartment Units
  • Apartment Units - Senior
Total Lot Size 7.57 AC

3 LOTS AVAILABLE

Lot A

Price $1,750,000 CAD
Price Per AC $988,700.56 CAD
Lot Size 1.77 AC

Block A - Available development land parcel for a proposed 94 unit ISL/AL seniors housing congregate care project. Ideal for "Age-in-Place" continuum of care.

Lot B

Price $1,600,000 CAD
Price Per AC $969,696.97 CAD
Lot Size 1.65 AC

Block B - available development parcel for a proposed Hotel & a 1 storey commercial/retail plaza.

Lot C

Price $6,540,000 CAD
Price Per AC $1,575,903.61 CAD
Lot Size 4.15 AC

BLOCK C – Available development land parcel for proposed townhomes.

DESCRIPTION

Draft plan approved for development of land parcels in 82 Mill Street. Proposed plans for mixed-use development located in the quiet residential community of Bancroft, Ontario. Current development plans call for 109 townhomes, 60-80 room, 62,000+ square foot four storey hotel, with approximately 10,000 square foot retail/commercial plaza & a 77,000+ square foot ISL/AL retirement residence.

  • Listing ID: 33524115

  • Date on Market: 2024-10-15

  • Last Updated:

  • Address: Mill St, Bancroft, ON K0L 1C0

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