20 Valleyview DR, Bancroft, ON K0L 1C0
20 Valleyview DR, Bancroft, ON K0L 1C0
20 Valleyview DR, Bancroft, ON K0L 1C0
38
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$4,312,000
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37 Beds
24 Baths
Active

20 Valleyview DR Bancroft, ON K0L 1C0

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Kenneth Yim

Kenneth Yim

+1(416) 906-0080

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500-5000

Subdivision Bancroft Ward

MLS Listing ID X13503322

Style 3-Storey

Bedrooms 37

Annual Tax Amount $25,532

Tax Year 2026

Property Sub-Type Multiplex

Lot Depth 124.91

Lot Front 249.82

Property Description

The property is a 24-unit apartment building in Bancroft, built in 1980 and renovated between 2022 and 2026 offering stabilized income and opportunity for further top line revenue growth. Major capital improvements have been completed over the past few years making this a turnkey asset for investors with opportunity to further increase revenue with future turnover. New flooring consisting of high quality durable materials replaced in all common areas (hallways, stairwells & laundry area). Updated coin operated Machines in laundry area have added to increased monthly revenue. Other Recent upgrades to main plumbing, all new Roofing on side surround, all new railings and concrete steps to both exterior entrances and replacement of several water heaters within the building. The property benefits from professional management and a strategic location in Bancroft. Bancroft is a key service hub for North Hastings County with a population of around 60,000.The location offers proximity to healthcare, retail, dining, and recreation facilities. The rental market is supply-constrained, supporting rental growth. The area benefits from post-pandemic migration and increased demand for rental housing.

Location

Province ON

County Hastings

Area Hastings

Rooms

Family Room Yes

Basement Walk-Out

Kitchen 24

Interior

Interior Features Water Heater Owned

Cooling Window Unit(s)

Fireplace No

Heat Source Electric

Exterior

Pool None

Roof Type Asphalt Shingle

Lot Frontage 249.82

Lot Depth 124.91

Total Parking Spaces 24

Building

Foundation Concrete

Others

ParcelsYN No

Listed by Anchor New Homes Inc.

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Kenneth Yim

Kenneth Yim

Broker of Record | License ID: 9524831

+1(416) 906-0080

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20 Valleyview DR

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