506A Lakeview Road, Bancroft, ON
Property no longer active
This property was sold on December 31, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey rural residential located in the coveted neighborhood of Dungannon Ward. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $475,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 3 Bedrooms and 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 71.66 x 2993 ft lot
- Features a partial basement basement, adding superb versatility for recreation, a home gym, or extra storage
- 10.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Water Heater Owned
- Efficient other heating via propane
Description
Nestled just minutes from the vibrant town of Bancroft, this property offers both seclusion and convenience. Enjoy all the essential services, schools, healthcare, shopping, dining, and more while still having the space and tranquility of your own personal retreat. Whether you're looking for a peaceful place to retire, raise a family, or explore your hobbies and passions, this location has something for everyone. Key Features: Stunning Acreage: Mixed 70 acres of open fields, forest, and wetlands, offering endless possibilities for farming, recreation, or simply enjoying the beauty of nature. Multiple Road Frontages: Access the property from three different roads, providing privacy and convenience. Outbuildings Galore: With multiple outbuildings, including a hunt camp at the northeast corner, you'll have plenty of space for storage, workshops, or outdoor adventures. Convenient Updates: The drilled well and septic system were both installed in 1994 and were last inspected and pumped in 2020. Modern updates include propane heaters (installed in 2021 and 2022) and a new hot water heater (2021), ensuring comfort year-round.
Schedule a Tour
Contact us to schedule a private viewing of this property.
Contact Agent
Property Summary
This rural residential located at 506A Lakeview Road, Bancroft is currently for sale and has been available on SousaSells for 617 days. This property is listed at $475,000 with an estimated mortgage of $1,581* per month. It has 3 beds, 1 bathroom, and is 700-1100 square feet. 506A Lakeview Road, Bancroft is in the Dungannon Ward neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
School Bus Route, Wooded/Treed, Library, Park, Place Of Worship, Rec./Commun.Centre
Interior Features
Water Heater Owned
Security Features
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 506A Lakeview Road, Bancroft, ON K0L 1C0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Mortgage & Affordability Audit
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Bancroft.
Configure Loan Settings
About Purchasing a Home in Bancroft, ON
For a property listed at $475,000 in Bancroft, the legal minimum down payment is $23,750 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $5,975 for this transaction. As this listing is in Bancroft (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $5,975.
Similar Listings Nearby
City & Neighborhood Guide
Comprehensive city-wide demographics, local real estate stats, and school rankings for Dungannon Ward, Bancroft.
People & Families
Age Distribution
Household Composition
Top Ethnic Origins
Local Schools Guide
Elementary Schools
Secondary Schools
Homes & Housing
Structural Home Types
Tenure (Ownership vs Rental)
Need more details or a custom CMA?
Generate a full market evaluation or explore city guides using the sidebar links.
Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.