$3,990,000
20 Valleyview Drive, Bancroft, ON K0L 1C0
Bancroft Ward · Bancroft · K0L 1C0
Listing brokerage: Anchor New Homes Inc.
- Beds
- 37
- Baths
- 24
- Sq ft
- 3500–5000
- Parking
- 24
Monthly costs
Property taxes
$2,128/mo
$25,532 a year (2026)
The home
- Lot size
- 249.8 × 124.9 ft
- Style
- 3-Storey
- Basement
- Walk-Out
- Parking
- 24 spots
- Faces
- East
- Heating · cooling
- Baseboard, Window Unit(s)
- Possession
- Possession Date is negotiable
About this home
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.
All details21 more from the listing · Interior, Heating, Parking, Exterior, Utilities, Taxes, Listing
Interior
- Bedrooms
- 37
- Bathrooms
- 24
- Kitchens
- 24
- Rooms
- 87
- Den / family room
- Yes
- Size
- 3500-5000 sq ft
Features
- Water Heater Owned
Heating & Cooling
- Heat source
- Electric
Parking
- Covered spaces
- 0
Exterior & Lot
- Exterior
- Brick
- Roof
- Asphalt Shingle
- Foundation
- Concrete
Utilities
- Sewer
- Sewer
Taxes & Fees
- HST
- Not Subject to HST
Listing
- MLS® number
- X13503322
- Type
- Multiplex
- Transaction
- For Sale
- Neighbourhood
- Bancroft Ward
- Original price
- $4,312,000
- Cross streets
- Monck St (HWY 28) & Valleyview Dr
Rooms · 24Washroom ×24
24 × 3-piece washroom
History
Past listings and sales for this home and building.
Location
20 Valleyview Drive, Bancroft, ON K0L 1C0 · Near Monck St (HWY 28) & Valleyview Dr
Monthly cost
Estimated monthly cost
$19,795/mo
- Mortgage
- $17,667
- Property tax
- $2,128
Amortization
Estimate only, for illustration. Includes mortgage default insurance when less than 20% is put down. Speak with a lender for an exact figure.
Cash to close
Cash to close
$887,234
$798,000 down + $89,234 to $90,484 in closing costs
- Ontario land transfer tax
- $86,225
- Legal fees and disbursements
- $1,500 to $2,500
- Title insurance
- $250 to $500
- Property tax adjustment
- $1,259
Estimate only, not legal or tax advice. Rates as of 2026-10-14 from Ontario, City of Toronto and CMHC published rates. Legal and title figures are typical ranges. Adjustments assume the seller prepaid the closing month. First-time rebates have eligibility rules; confirm with your lawyer.
The listing information is deemed reliable but is not guaranteed accurate by PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
$3,990,000
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