Listed for:Listed Jun 29, 2026
$3,990,000

20 Valleyview Drive

Bancroft (Bancroft Ward), ON K0L 1C0

Multiplex For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
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Sale & Price History for 20 Valleyview Drive, Bancroft, Bancroft Ward

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 20 Valleyview Drive, Bancroft, Bancroft Ward

Summarized Description

  • Turnkey asset with major capital improvements.
  • New flooring and updated plumbing enhance value.
  • Strategic location in a supply-constrained market.
  • Increased demand for rental housing post-pandemic.
  • Professional management ensures stable income.
  • Proximity to healthcare, retail, and recreation.

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.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$25,532
Land Transfer Tax Fee
$86,225

Basement Type
Walk-Out

Interior Features

Interior Extras
Water Heater Owned
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Multiplex
Building Style
3-Storey

Construction

Exterior Finish
Brick
Roof
Asphalt Shingle
Foundation Details
Concrete
Special Designation
Unknown

Lot

Lot Front
249.82 ft
Lot Depth
124.91 ft
Lot Shape
Rectangular

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
25
Total Garage And Parking Spaces
24

Heating & Cooling

Heat Source
Electric
Heat Type
Baseboard
Air Conditioning
Window Unit(s)
Water
Municipal
Sewers
Sewer

Washrooms
24
Family / bonus room
Yes

Washrooms

  • 3-piece

Municipality
Bancroft
Neighbourhood
Bancroft Ward
Main cross streets
Monck St (HWY 28) & Valleyview Dr
Directions
Take Monck St (Hwy 28) into Bancroft. Turn onto Valleyview Dr.

MLS® number
X13503322
Data source
Toronto Regional Real Estate Board
Listed on
2026-06-29
Updated on
2026-09-09
Days on market
108 days
Possession date
2026-07-31
Possession type
Flexible
Co-op commission
1.5
Seller
Listed by
ANCHOR NEW HOMES INC.

Home Market Value

Current home valuation for 20 Valleyview Drive, Bancroft, Bancroft Ward, Bancroft, ON. Listed for $3,990,000

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Estimated Sales Range

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HOMEH Estimate for 20 Valleyview Drive, Bancroft, Bancroft Ward

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Mortgage Payment Calculator

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Bancroft, ON
Minimum Down Payment Required:20.0%

20% required for homes $1.5M or more

Minimum down payment

$798,000

Scenario 1 Scenario 2 Scenario 3 Scenario 4
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%
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+CMHC insurance
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=Total mortgage
$3,192,000$2,992,500$2,793,000$2,593,500
Amortization
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Payment frequency
=Mortgage payment
$15,585monthly$14,611monthly$13,637monthly$12,663monthly
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Land Transfer Tax

Provincial

$86,225

Total Land Transfer Tax

$86,225

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