Commercial Sale in Bancroft

CA$450,000

0 MOORE, K0L 1C0, Bancroft, ON

Commercial Sale for sale in Bancroft, 0 MOORE, K0L 1C0

0 MOORE, K0L 1C0, Bancroft, ON

CA$450,000

Type: Commercial Sale

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.

Location

0 MOORE, K0L 1C0, Bancroft, ON

Data

Object TypeCommercial Sale
Purchase PriceCA$450,000
Living Space0 m²
Plot Size113312.08 m²
BathroomsN/A
Construction YearN/A
ConditionNot specified
RoomsN/A

Energy Information

No energy information available

Contact Agent

Listing Agent