33 Flint Avenue
Bancroft, ON
6 bath • 0.68 sqft • Investment • 200 days on market
Fully tenanted 5-plex in the core of Bancroft offering stable, income-focused value. The property is priced to reflect a 6.7% cap rate on current in-place income, with all units occupied by long-term tenants providing consistent cash flow. The building contains five self-contained residential units with a mix of functional layouts and has been operated as a rental apartment property for many years. Originally constructed as an OPP station and later converted to residential use, the building benefits from solid, institutional-style construction. Heating is provided by an oil-fired hot water boiler with baseboard distribution. A shared coin-operated laundry area provides additional income, and dedicated mechanical and common areas support efficient operation. Situated on an oversized, irregular lot with frontage on Flint Avenue, the property is serviced by municipal water and sewer and includes on-site parking. The asset is well suited for investors seeking a straightforward, stabilized multi-residential property where value is driven by income and cap rate fundamentals.
Listing Details
- Taxes (2025)
- $5,711
- Listed
- February 9, 2026
Price History
Listing history
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Property
- Lot Size
- 131 x 173 Feet
Location & Legal
- Cross Street
- BRIDGE & HASTINGS
- Zoning
- CF
- Parcel Number
- 400730203
- Possession
- Flexible
Commercial
- Business Type
- Apts - 2 To 5 Units
- Occupancy
- Tenant
- Office / Apartment Area
- 0 %
Included
- Inclusions
- Property includes coin-operated washer and dryer, owned hot water tank, and security cameras with monitors.
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
Commercial in Bancroft · last 12 months
- Median sold price
- $375,000
- Homes sold
- 82
- Median days on market
- 40
- Sale-to-list price
- 93.1%
Based on 82 recorded sales of commercial properties in Bancroft over the last 12 months.
Listed by
LPT Realty
Location
Commercial figures
- Annual property tax
- $5,711
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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