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5490 Loop Road

5490 Loop Road

Highlands East, ON

4 bed • 2 bath • approx. 1500-2000 sqft • Detached • 470 days on market

$1,389,000Price reduced 13%

Your oasis of dreams awaits your arrival. A hot tub for those star gazing nights, a huge shop for those many projects to complete or invent. A network of trails to hike, atv, snowmobile or even horseback ride. The trees not only allow for the recreational aspects but many maples invite syrup harvesting in the spring. A babbling brook flows through the property and is populated with brook trout for those awesome morning breakfasts. You can hike or atv back to the clearing on the hill where at night you can see the moon or gaze at the heavens above. The 197 acre land houses many wildlife species including white tail deer, moose, ruffed grouse, wild turkey, rabbits, and those other animals who make the forest their home. Firewood abounds throughout and there is opportunity for marketable timber. A main floor of extravaganza to dine or entertain distinguished guests and a downstairs of leisure and fun. A wine cellar is tucked away under the stairs for those special nights or occasions. Privacy like no other and still within minutes to the amenities the village of Bancroft beholds. Three garage spaces to house your toys or keep your special auto in the new 60x40 garage including 16ft ceilings, from the elements. The garage located left to the house encompasses a bunkie to keep your special guests comfy and warm. Also equipped with propane Generac generator, air conditioning by two heat pumps, and outdoor wood fired boiler to keep you acclimatized no matter the outside weather. This property has the ultimate of enjoyment for the activities that few get to realize. There are numerous maple trees ideal for a syrup opperation or just for personal use and enjoyment.

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Listing Details

Taxes (2024)
$4,541
Originally Listed
$1,589,500
Listed
May 14, 2025

Price History

Property

Style
2-Storey
Age
16-30
Construction
Wood
Roof
Metal
Foundation
Insulated Concrete Form
Interior
Auto Garage Door Remote, Central Vacuum, Generator - Full, Guest Accommodations, Propane Tank, Storage, Water Heater, Water Heater Owned, Workbench

Utilities

Water
Drilled Well
Sewer
Septic
Heat Source
Wood

Location & Legal

Cross Street
Loop Rd
Zoning
RUEC
Parcel Number
392770105
Possession
90+ days

Commercial

Occupancy
Owner

Included

Inclusions
Fridge, Stove , Washer , Dryer, Hood fan-microwave,
Exclusions
Air compressor, pool table
Rental Items
propane tank

Community

Postal area K0L

Population
78,142
Private dwellings
48,786
Median age
54
Average household size
2.3
Median household income
$79,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Residential Freehold in Highlands East · last 12 months

Median sold price
$390,000
Homes sold
141
Median days on market
29
Sale-to-list price
95.9%

Based on 141 recorded sales of residential freehold properties in Highlands East over the last 12 months.

Listed by

EXP REALTY

Location

Mortgage Calculator

$277,800

Estimated Monthly Payment

$6,824

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $6,824/mo (20% down, 5.5%)

Taxes: $378/mo · Insurance: $347/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

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