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$949,000
Ontario,Bancroft (Bancroft Ward)
For Sale Active
33 FLINT AVENUE, Bancroft (Bancroft Ward), Ontario K0L1C0
  • 6
  • 1 Acre
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Basic Details
Description

Fully tenanted 5-plex in the core of Bancroft offering stable, income-focused value. The property is priced to reflect a 6.7% cap rate on current in-place income, with all units occupied by long-term tenants providing consistent cash flow. The building contains five self-contained residential units with a mix of functional layouts and has been operated as a rental apartment property for

many years. Originally constructed as an OPP station and later converted to residential use, the building benefits from solid, institutional-style construction. Heating is provided by an oil-fired hot water boiler with baseboard distribution. A shared coin-operated laundry area provides additional income, and dedicated mechanical and common areas support efficient operation. Situated on an oversized, irregular lot with frontage on Flint Avenue, the property is serviced by municipal water and sewer and includes on-site parking. The asset is well suited for investors seeking a straightforward, stabilized multi-residential property where value is driven by income and cap rate fundamentals. (id:62650)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: X12776950
  • Price: $949,000
  • Bathrooms: 6
  • Square Footage: 1 Acre
  • Status: Active
  • Property Attached Yn: 1
  • Property Sub Type: Multi-family
  • Office Key: 300792
Features & Appliances
Features
  • Heating System: Hot Water, Oil
  • Cooling System: None
Address Map
  • Location: CA, Ontario, Bancroft (Bancroft Ward), K0L1C0
  • Street: Flint
  • Street Number: 33
  • Street Suffix: Avenue
  • Longitude: W78° 8' 58.2''
  • Latitude: N45° 3' 27.1''
Additional Information
  • Water Source:
  • Business Type: Residential
  • Lot Size Dimensions: 29665
Financial
  • Tax Annual Amount: 5711
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Listing updated: 2026-05-04 12:40:47
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Listing Information
  • List Agent Key: 1813893
  • List Office Key: 300792
  • Modification Timestamp: 2026-04-02T15:01:26Z
  • Originating System Name: Central Lakes Association of REALTORS®
  • Status Change Timestamp: 2026-04-02T14:50:07Z
Powered by REALTOR.ca
Listing updated: 2026-05-04 12:40:47
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