For Sale: 0 Hwy 62 Highway, Bancroft, ON - REW
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$500,000
0 bd • ba • sf • Land/Lot
0 Hwy 62 Highway
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$500,000
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0 Hwy 62 HighwayBancroft, ON, K0L 1C0

  • 0 Bed
  • Bath
  • Sqft
  • Land/Lot

About this home

Excellent opportunity to acquire approximately 59.68 acres of strategically located land just south of Bancroft, minutes from town with direct access along the Highway 62 South corridor near Quarry Road.Formerly designated industrial and commercial, the property has been amended under the County of Hastings Official Plan to Urban Future Development and Urban Environmental Protection, positioning the lands for future residential use. The property is currently held in reserve pending municipal servicing, creating a compelling long-term development and land-banking opportunity.Preliminary projections contemplate approximately 20-40 residential lots, with the conservative scenario based on 20 lots and accounting for wet/environmentally sensitive portions of the site.A rare opportunity to secure a sizeable future residential parcel in a growing Bancroft corridor with significant upside as servicing expands. Buyer to complete their own due diligence regarding zoning, permitted uses, environmental matters, development potential, servicing and access.
Listed by: Andrew Odoardi, Salesperson, EXP REALTY OF CANADA INC.

Home facts and features

Price details
List Price
$500,000
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Gross Taxes for 2025
$1,226
Home facts
Bedrooms
0
Full Bathrooms
Property Type
Land/Lot
Depth
0.0
Frontage
0.0
Agent details
Primary Agent
Andrew Odoardi
Primary Broker
EXP REALTY OF CANADA INC.
Listing details
Days on REW
2 Days
MLS® Number
X13681568
Source
Toronto Real Estate Board
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Salesperson
Andrew Odoardi
Phone:
647-546-0287
Office:
866-530-7737
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