Bancroft Land Properties for Sale

Bancroft Land for Sale

33 Newkirk Blvd

Bancroft, ON K0L 1C0

Land for Sale
$299,000 CAD
0.49 AC Lot

Bancroft Land for Sale

For a builder, investor or operator, the parcel offers a rare combination in this market: completed planning approvals, a deposited reference plan and survey, an architectural site-plan concept, and immediate demand context from the 76-unit retirement residence being developed by the Vendor on the abutting parcel. Investment highlights • Fully entitled & de-risked — rezoned to R3-13(h); the by-law is in force and no appeals were filed. • Shovel-ready concept — architectural site plan supports 8 townhouse units; site-specific relief for lot area, frontage and density already secured. • Survey-ready — deposited reference plan (21R-27030) and a topographic survey are available for due diligence. • Flexible product — R3-13(h) also permits triplex, fourplex and low-rise apartment forms within the approved envelope. • Built-in demand — abutting 76-unit retirement residence under development, plus a regional housing shortage and aging population supporting rental and staff-housing absorption. • Strong in-town location — walkable to the Bancroft core, at the Highway 28 / 62 hub of North Hastings County. • Scarce asset — entitled multi-residential land rarely comes to market in Bancroft; most available land is raw and unzoned. The offering at a glance Address Newkirk Boulevard, Town of Bancroft (Part 1) Asking price $299,000 Site area ±0.49 acres • ±1,999 m² • ±0.200 ha Frontage ±42.29 m (±138.7 ft) on Newkirk Boulevard Zoning R3-13(h) Multiple Residential — in force (no appeals) Permitted uses Triplex, fourplex, townhouse, low-rise apartment Approved concept 8 townhouse units Legal description Part 1, Plan 21R-27030 (part of Block A, Registered Plan 1133) What is included Part 1 only — the Vendor retains the abutting Part 2 (retirement residence)