0 Hwy 62 Highway
Bancroft, ON
59 sqft • Land • 15 days on market
Excellent opportunity to acquire approximately 59.68 acres of strategically located land just south of Bancroft, minutes from town with direct access along the Highway 62 South corridor near Quarry Road.Formerly designated industrial and commercial, the property has been amended under the County of Hastings Official Plan to Urban Future Development and Urban Environmental Protection, positioning the lands for future residential use. The property is currently held in reserve pending municipal servicing, creating a compelling long-term development and land-banking opportunity.Preliminary projections contemplate approximately 20-40 residential lots, with the conservative scenario based on 20 lots and accounting for wet/environmentally sensitive portions of the site.A rare opportunity to secure a sizeable future residential parcel in a growing Bancroft corridor with significant upside as servicing expands. Buyer to complete their own due diligence regarding zoning, permitted uses, environmental matters, development potential, servicing and access.
Listing Details
- Taxes (2025)
- $1,226
- Listed
- August 12, 2026
Price History
Utilities
- Sewer
- None
Location & Legal
- Cross Street
- From Bancroft, travel south on Highway 62. Turn east onto Quarry Road. Property is located on the north side of Quarry Road, just east of Highway 62.
- Zoning
- RU - Vacant residential land not on water
- Parcel Number
- 400830334
- Possession
- Flexible
Commercial
- Occupancy
- Vacant
Included
- Inclusions
- N/A
- Exclusions
- N/A
- Rental Items
- N/A
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
EXP REALTY
Location
Commercial figures
- Annual property tax
- $1,226
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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