40 Bancroft Ridge Drive, Bancroft, ON
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 $875,000 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.
- 5 Bedrooms and 4 Bathrooms
- Generous living space spanning 3000-3500 sqft on a premium 95.06 x 201.75 ft lot
- 7.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Carpet Free, Auto Garage Door Remote, Guest Accommodations
- equipped with central air central cooling and highly efficient forced air heating via propane
Description
Welcome to 40 Bancroft Ridge Drive, a stunning 4+1 bedroom, 4-bathroom bungalow in the sought-after Bancroft Ridge Golf & Lifestyle Community and is move in ready! Built in 2021, this custom designed home is unlike any other on the street. Backing onto a peaceful pond, this 3,497 sq. ft. residence (plus a 507 sq. ft. garage) offers the perfect blend of luxury, comfort, and energy efficiency. Designed with care and craftsmanship, the home is built with ICF foundation walls, a fully insulated concrete floor slab and hydronic radiant in-floor heating throughout including the garage, with its own thermostat. The NTI gas boiler system provides efficient heating and hot water supply. Inside, soaring 10-foot ceilings create an airy feel, while the grandroom impresses with over 17 feet at its peak. Expansive 8-foot sliding patio doors and custom wood interior doors, paired with premium insulation and spray foam in exterior walls and vaulted ceilings, enhance both style and efficiency.The chefs kitchen and bathrooms are finished with quartz countertops, porcelain tile, and custom details, including an air massage spa tub. A Marquis Bentley 39 natural gas fireplace warms the living space, while commercial-grade luxury vinyl flooring and 7" wood baseboards complete the elegant look. Additional highlights include - 200-amp electrical service with EV charger junction box, Liftmaster 8500W garage door opener with WiFi and backup battery, Ferco multi-point locking exterior doors, Spray foam insulation throughout, Car charger ready. Enjoy comfort, style, and peace of mind in this thoughtfully designed home within one of Bancrofts premier communities.
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Property Summary
This detached home located at 40 Bancroft Ridge Drive, Bancroft is currently for sale and has been available on SousaSells for 316 days. This property is listed at $875,000 with an estimated mortgage of $2,913* per month. It has 5 beds, 4 bathrooms, and is 3000-3500 square feet. 40 Bancroft Ridge Drive, Bancroft is in the Bancroft 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
Greenbelt/Conservation, Golf, Other
Interior Features
Carpet Free, Auto Garage Door Remote, Guest Accommodations, Primary Bedroom - Main Floor
Security Features
Community 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 40 Bancroft Ridge Drive, Bancroft, ON K0L 1C0
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 $875,000 in Bancroft, the legal minimum down payment is $62,500 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 $13,975 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 $13,975.
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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.