71 Cleak Avenue, Bancroft, ON
Property no longer active
This property was sold on January 21, 2026. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Bancroft Ward. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $249,900 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 102.86 x 165 ft lot
- 4.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Storage
- Efficient baseboard heating via electric
Description
Rare Double-Corner Commercial / Residential Opportunity in the Heart of Bancroft Welcome to 71 Cleak Avenue, a rare double-corner lot located in the heart of Bancroft with highly desirable Commercial Main Street zoning and dual frontage on Cleak Avenue and Snow Road. This versatile property offers exceptional flexibility for residential living, business use, or a live-work setup. The freshly painted interior features a two-bedroom, single-level layout with impressive 9'10" ceilings, creating a bright and open feel throughout. Set on an approximately 17,600 sq ft lot, the property provides excellent exposure, access, and future potential, all while maintaining incredibly low annual property taxes of just $876. Immediate closing is available, making this an excellent option for buyers looking to act quickly. This property is strategically positioned below typical Bancroft market values, offering exceptional upside relative to comparable sales and nearby properties. Whether you are a homeowner, investor, or small business operator, this is a rare opportunity to secure commercial zoning at an accessible price point in a growing community. A unique offering with flexibility, visibility, and value, 71 Cleak Avenue stands out as one of Bancroft's most compelling opportunities.
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Property Summary
This detached home located at 71 Cleak Avenue, Bancroft is currently for sale and has been available on SousaSells for 206 days. This property is listed at $249,900 with an estimated mortgage of $832* per month. It has 2 beds, 1 bathroom, and is 700-1100 square feet. 71 Cleak Avenue, Bancroft is in the Bancroft Ward neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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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 71 Cleak Avenue, Bancroft, ON K0L 2S0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Bancroft, ON
For a property listed at $249,900 in Bancroft, the legal minimum down payment is $12,495 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 $2,224 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 $2,224.
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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.