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545 Hastings St N

67 Acres of Commercial Land Offered at $6,000,000 CAD in Bancroft, ON K0L 1C0

Executive Summary

Seller will review offers conditional upon current draft plan application in process being approved.

Property Facts

Price $6,000,000 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 67.00 AC

1 Lot Available

Lot

Price $6,000,000 CAD
Price Per AC $89,552 CAD
Lot Size 67.00 AC

The subject property was a former golf course and as a result has natrual topography and features that enhance the residential liefestyle offered by the development. The former club house and apartment are within the property being sold.

Description

The subject property consists of just over 67 acres and was formerly operated as a Golf Course. The topography blends itself well for residential and commercial with residential development being enhanced by the natural topography and features to the site with 8.9 Acres of Commercial fronting the extension of Hastings Street North (the extension of Hwy 62) with nearby commercial occupants including Canadian Tire, Foodland, Tim Hortons and more. The proposed draft plan (site being sold conditional upon draft plan approval) consists of 64 single family lots, 184 townhome lots, and 144 multi family units. Existing Club House / Apartment on property. This is an ideal development opportunity.

zoning

Zoning Code Development (Draft Plan Zoning Application Underway to convert to 8+ Acres Commercial and over 392 Residential Units)
Development (Draft Plan Zoning Application Underway to convert to 8+ Acres Commercial and over 392 Residential Units)
  • Listing ID: 32888395

  • Date on Market: 2024-08-20

  • Last Updated:

  • Address: 545 Hastings St N, Bancroft, ON K0L 1C0

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