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$9,890,000
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Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Bancroft Ward
MLS Listing ID X13054842
Annual Tax Amount $31,491
Tax Year 2025
Property Sub-Type Land
Property Description
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.
Location
Province ON
County Hastings
Area Hastings
Exterior
Utilities Available None
Lot Frontage 353.0
Lot Depth 1581.0
Others
ParcelsYN No
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Listed by MARCUS & MILLICHAP REAL ESTATE INVESTMENT SERVICES CANADA INC.
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