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4 Maxwell Settlement Road

4 Maxwell Settlement Road

Bancroft, ON

5 bed • 4 bath • approx. 1500-2000 sqft • Detached • 53 days on market

$550,000

Sitting on a generous 1.5+ acre corner lot, this expansive 3,596 sq. ft. brick bungalow offers a rare blend of space, versatility, and investment opportunity, all within minutes of the conveniences of Bancroft. Designed with flexibility in mind, the home has been divided into 3 separate units, creating options for multi-generational living or steady rental income. The main level features a spacious 3-bedroom, 1.5 bathroom apartment, complete with a bright open layout, generous principal rooms, and an ensuite in the primary bedroom. The majority of the lower level walkout is finished, offering two self-contained 1-bedroom, 1 bath apartments, along with shared storage and utility spaces. Each unit enjoys private access and natural light, enhancing both comfort and appeal. Outdoors, the property offers exceptional space for recreation, gardening, or entertaining. Decking overlooks the private yard, while the 775+ sq ft detached garage provides ample room for vehicles, hobbies, or workshop use. The attached double garage adds further convenience and storage. Whether you are seeking an income-generating investment, a property to offset your mortgage with rental income, or an estate property ready to be restored to a private family residence, this property delivers opportunity at every turn. Located on a municipally maintained road with easy access to shopping, schools, and amenities, this is a smart acquisition for those who value both lifestyle, convenience and long term potential. Discover the balance of space, privacy, and profit potential, just moments from the heart of Beautiful Bancroft.

Listing Details

Taxes (2025)
$5,636
Listed
July 5, 2026

Price History

Listing history

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Property

Style
Bungalow
Age
31-50
Construction
Brick
Roof
Asphalt Shingle
Foundation
Block
Interior
In-Law Capability
Lot Size
204.86 x 224 Feet

Utilities

Water
Drilled Well
Sewer
Septic
Heat Source
Propane

Location & Legal

Cross Street
Hwy 62 N
Zoning
R1
Parcel Number
400790244
Possession
Flexible

Commercial

Occupancy
Tenant

Included

Inclusions
3 refrigerators, 3 stoves, dishwasher in unit 1, washer,/dryer combo in unit 1, washer in Unit 3, light fixtures, ceiling fans, window coverings, sheds.
Exclusions
Sellers and tenants belongings (Unit 2 washer/Dryer in furnace room, portable dishwasher) Unit 3 Dryer
Rental Items
Propane tank(s) $129/year

Schools

Elementary

  • Birds Creek Public School2 km

    Public · Hastings & Prince Edward DSB · 120 students

    Grade 3 reading: 62% met the provincial standard

  • North Hastings High School - Elementary (Elementary)3.6 km

    Public · Hastings & Prince Edward DSB · 175 students

  • Our Lady of Mercy Catholic School3.9 km

    Catholic · Algonquin and Lakeshore CDSB · 255 students

    Grade 3 reading: 94% met the provincial standard · Grade 6 math: 33% met the provincial standard

Secondary

  • North Hastings High School3.7 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.

Rooms

4-piece on Main, 2-piece on Main, 3-piece on Basement, 3-piece on Basement

Main

  • Bathroom7'9" x 11'1"
  • Bathroom2'11" x 7'3"
  • Bedroom8'8" x 12'2"
  • Bedroom 29'11" x 11'1"
  • Breakfast12'10" x 14'7"
  • Dining Room12'10" x 10'7"
  • Foyer11'5" x 5'7"
  • Kitchen12'10" x 11'8"
  • Laundry9'3" x 7'3"
  • Living Room16'10" x 23'3"
  • Primary Bedroom12' x 14'5"

Basement

  • Bathroom10'3" x 5'3"
  • Bedroom12'10" x 14'4"
  • Bedroom14'5" x 14'2"
  • Kitchen11'6" x 8'4"
  • Kitchen12'10" x 25'9"
  • Living Room28'9" x 17'3"
  • Utility Room15'7" x 20'3"
  • Utility Room4'2" x 20'3"

Listed by

Century 21 Granite Realty Group Inc.

Location

Mortgage Calculator

$110,000

Estimated Monthly Payment

$2,702

Investment Analysis

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

Mortgage: $2,702/mo (20% down, 5.5%)

Taxes: $470/mo · Insurance: $138/mo

Estimates only. Consult a financial advisor.

R

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