20 Valleyview Drive
Bancroft, ON
37 bed • 24 bath • approx. 3500-5000 sqft • Multiplex • 59 days on market
The property is a 24-unit apartment building in Bancroft, built in 1980 and renovated between 2022 and 2026 offering stabilized income and opportunity for further top line revenue growth. Major capital improvements have been completed over the past few years making this a turnkey asset for investors with opportunity to further increase revenue with future turnover. New flooring consisting of high quality durable materials replaced in all common areas (hallways, stairwells & laundry area). Updated coin operated Machines in laundry area have added to increased monthly revenue. Other Recent upgrades to main plumbing, all new Roofing on side surround, all new railings and concrete steps to both exterior entrances and replacement of several water heaters within the building. The property benefits from professional management and a strategic location in Bancroft. Bancroft is a key service hub for North Hastings County with a population of around 60,000.The location offers proximity to healthcare, retail, dining, and recreation facilities. The rental market is supply-constrained, supporting rental growth. The area benefits from post-pandemic migration and increased demand for rental housing.
Listing Details
- Taxes (2026)
- $25,532
- Listed
- June 29, 2026
Price History
Property
- Style
- 3-Storey
- Construction
- Brick
- Roof
- Asphalt Shingle
- Foundation
- Concrete
- Interior
- Water Heater Owned
- Lot Size
- 249.82 x 124.91 Feet
Utilities
- Sewer
- Sewer
- Heat Source
- Electric
Location & Legal
- Cross Street
- Monck St (HWY 28) & Valleyview Dr
- Parcel Number
- 400760103
- Possession
- Flexible
Commercial
- Occupancy
- Tenant
Schools
Elementary
- Our Lady of Mercy Catholic School1.1 km
Catholic · Algonquin and Lakeshore CDSB · 255 students
Grade 3 reading: 94% met the provincial standard · Grade 6 math: 33% met the provincial standard
- North Hastings High School - Elementary (Elementary)1.2 km
Public · Hastings & Prince Edward DSB · 175 students
- York River Public School2.5 km
Public · Hastings & Prince Edward DSB · 205 students
Grade 3 reading: 41% met the provincial standard · Grade 6 math: 45% met the provincial standard
Secondary
- North Hastings High School1.2 km
Public · Hastings & Prince Edward DSB · 450 students
Grade 10 literacy: 69% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
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 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 residential freehold properties in Bancroft over the last 12 months.
Listed by
Anchor New Homes Inc.
Location
Mortgage Calculator
$862,400
Estimated Monthly Payment
$21,184
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $21,184/mo (20% down, 5.5%)
Taxes: $2,128/mo · Insurance: $1,078/mo
Estimates only. Consult a financial advisor.
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