L57, PL56 Mill Street
Bancroft, ON
50 sqft • Land • 121 days on market
Development land opportunity on Mill Street in Bancroft, Ontario, offering flexibility for a range of potential uses, including seniors housing, townhomes, hotel, and commercial/retail development. The offering is available for purchase together or separately across three blocks: Block A offered at $1,750,000; Block B offered at $1,600,000; and Block C offered at $6,540,000. Current concept plans contemplate 109 townhomes, a 60-80 room four-storey hotel, an approximately 10,000 SF retail/commercial plaza, and a 77,000+ SF ISL/AL retirement residence. Positioned in close proximity to QHC North Hastings Hospital, the property offers a compelling opportunity to advance a mixed-use development concept with residential, hospitality, and commercial components. Please reach out to Raffaele Guglielmelli (Director, National Seniors Housing Group) for more information at 613-724-9562 or raff.g@marcusmillichap.com.
Listing Details
- Taxes (2025)
- $31,491
- Listed
- April 28, 2026
Price History
Property
- Lot Size
- 353 x 1581 Feet
Utilities
- Sewer
- None
Location & Legal
- Cross Street
- Mill Street
- Zoning
- C3, EP, R3
- Parcel Number
- 400700219
- Possession
- Immediate
Commercial
- Occupancy
- Vacant
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
MARCUS & MILLICHAP REAL ESTATE INVESTMENT SERVICES CANADA INC.
Location
Commercial figures
- Annual property tax
- $31,491
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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