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Home ON Hastings Bancroft
105 HASTINGS STREET N
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105 HASTINGS STREET N $575,000
$575,000
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105 HASTINGS STREET N
Bancroft (Bancroft Ward), Ontario K0L1C0

MLS® Number: X12086204
3
Bathrooms
6577
Square Feet

Listing Description

**Investment Property Alert!** This beautifully renovated commercial building in the heart of downtown Bancroft presents a prime opportunity for income generation. Currently operating as a hair salon, the main floor features a 2-piece bathroom, with plumbing available to easily add a second bathroom. Theres also a secondary access point on the main floor behind the wall, enhancing the building's versatility. The second story boasts two well-appointed apartments with a separate entrance: a spacious 3-bedroom apartment and a cozy one-bedroom unit. Both apartments feature modern 3-piece bathrooms, new fixtures, fresh paint, and new laminate flooring, making them attractive rental options. As an added bonus, both apartments are already rented out, ensuring immediate cash flow. Recent updates include a new metal roof installed in 2023 and extensive renovations throughout the property, all completed within the same year. Each unit is on separate hydro and water meters, providing ease of management. There's exciting potential to convert the main floor into two additional rental units, with plumbing already in place for a second bathroom. **Extras:** The current salon operator is open to negotiating a favorable rate to stay on as a tenant, providing added stability for the new owner. Don't miss this fantastic opportunity to invest in a prime downtown location with multiple income streams! (40261909)

Location Description

Hastings/Station St

Property Summary

Property Type
Retail
Square Footage
6577 sqft
Community Name
Bancroft Ward
Land Size
Bldg=66 x 100 FT
Annual Property Taxes
$2,854.73
Total Parking Spaces
6
Time on REALTOR.ca
13 days

Building

Bathrooms
Total
3
Interior Features
Appliances Included
Water Heater
Heating & Cooling
Heating Type
Baseboard heaters
Utilities
Water
Municipal water
Business
Business Type
Personal Services (Health Centre)
Neighbourhood Features
Amenities Nearby
Highway, Recreation
Parking
Total Parking Spaces
6

Measurements

Square Footage
6577 sqft
Exterior Building Size
6577 sqft

Land

Lot Features
Frontage
66 ft
Land Depth
100 ft
Other Property Information
Zoning Description
Retail Or Office With Residential Untis
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
CARLA CASTALDO-LACASSE