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For Sale

33 Flint Avenue, Bancroft, ON K0L 1C0

$899,900

  • 6 Bathrooms
  • Investment
  • MLS® X13538780

Listing Brokerage: HOMELIFE/BAYVIEW REALTY INC.

Description

Attention Investors! Exceptional opportunity to own a fully tenanted 5-plex in the heart of downtown Bancroft, offering an attractive 8.2% cap rate and strong, reliable returns. This well-maintained income property features five beautifully renovated and well-appointed apartments, all leased to AAA tenants, providing immediate, dependable cash flow with minimal management concerns. Designed for comfortable modern living, each spacious unit has been thoughtfully updated with quality finishes and features that appeal to today's tenants. The property also includes the added convenience of on-site coin laundry, creating an additional source of income. The building is equipped with individual hydro meters for each unit, helping to reduce operating expenses. Ideally situated within walking distance of Bancroft's restaurants, boutique shops, entertainment, and everyday amenities, the property also offers convenient access to public transit, making it highly desirable for renters. With rental housing in short supply and tenant demand remaining strong, this is an outstanding investment opportunity offering stable income, excellent occupancy, and long-term appreciation potential. Whether you're looking to expand your real estate portfolio or acquire a turnkey income-producing asset, this exceptional 5-plex delivers an excellent combination of cash flow, location, and investment value. Don't miss this rare opportunity.

Property details

MLS® number
X13538780
Transaction
For Sale
Property type
Commercial
Style / use
Investment
Community
Bancroft Ward
City
Bancroft
Bathrooms
6
Building area
29665 Square Feet
Lot width
131 Feet
Lot depth
173 Feet
Heating
Radiant
Cooling
No
Garage
None
Taxes
$5,557.30
Tax year
2025
Business type
Apts - 2 To 5 Units
Listing brokerage
HOMELIFE/BAYVIEW REALTY INC.

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