183 Hastings Street, Bancroft, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of Bancroft Ward. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $369,000 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.
- 0 Bedrooms and 3 Bathrooms
- Premium 97 x 69 ft lot size
- equipped with partial central cooling and highly efficient oil forced air heating
Description
Ready to bring your business dreams to life? This turn-key restaurant comes with a bright and spacious 2-bedroom apartment (574 sq ft) above-perfect for living where you work. The main floor offers a fully equipped restaurant setup with Main Street commercial zoning, giving you the freedom to run a cafe, retail shop, takeover the very successful established restaurant or any venture you've been dreaming of. Enjoy the convenience of municipal water and the affordability of a private septic, plus a private parking lot for 8+ vehicles-a rare find in town! The restaurant is equipped with owned commercial appliances, male and female washrooms, foyer, 15x24 ft dining area with an additional 12.5x14ft flex space to accommodate more diners. Located just steps from downtown Bancroft, you'll benefit from high visibility and steady local traffic, surrounded by other established businesses in one of Ontario's fastest-growing small towns. Whether you're an entrepreneur ready to serve the community or an investor looking for a smart mixed-use opportunity. Live upstairs. Work downstairs. Grow your future-all right here in Bancroft. The restaurant is sold fully equipped.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 183 Hastings Street N, Bancroft, ON K0L 1C0
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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 $369,000 in Bancroft, the legal minimum down payment is $18,450 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 $4,010 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 $4,010.
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