0 MOORE LANE
Bancroft (Bancroft Ward), Ontario
MLS® X13681580
$450,000
- Status
- Active
- Property type
- Vacant land
- MLS® number
- X13681580
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 3Listing description
Excellent opportunity to acquire approximately 30 acres of residential land in Faraday Township, just outside Bancroft. Surrounded by mature trees, the property offers a private, natural setting while remaining close to town amenities and the renowned Eagle's Nest Lookout and Adventure Park. The property benefits from two access points via Moore Lane and Eagle's Nest Park Road, providing excellent flexibility for future development.
A preliminary 23+ lot subdivision concept has already been prepared, with private well and septic contemplated for each lot. Projected lot values of approximately $100,000-$120,000 each provide potential gross lot sale proceeds of approximately $2. 3M-$2.
76M based on 23 lots. A unique opportunity for a developer or investor to secure a sizeable residential development parcel in a highly desirable forested setting near Bancroft. Buyer to complete their own due diligence regarding zoning, subdivision approvals, lot yield, servicing, environmental matters and development potential.
Property summary
- MLS® number
- X13681580
- Property type
- Vacant Land
- Square footage
- 28 sq ft
- Land size
- 28 acres
- Annual property taxes
- $828.00
- Days on market
- 45 days
What would this home cost you?
Based on the $450,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of EXP REALTY, KITCHENER.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.