$399,000
$40,0008 Sherbourne Street, Bancroft, ON K0L 1C0
Bancroft Ward, Bancroft,
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Prime Investment Opportunity in Bancroft 8 Sherbourne Street North. Beautifully renovated DUPLEX in the heart of Bancroft! Featuring two separate units, this home has been extensively updated and income generating for many years as both a short term rental and currently as a long term rental. Live in one unit while you rent the other or takeover the existing fantastic tenants. Currently generating 2000/month for the front 2 bedroom unit and 1400/month for the 2 bedroom back unit (all inclusive). The front unit boasts a bright and spacious layout with soaring ceilings, large windows, and a stunning open-concept kitchen with tile floors, dining, and living area. Updates include new windows, propane furnace (2022), 200amp panel, new radiators in the front unit (2024) , front door, and a modern kitchen (2015) and an exposed brick chimney that adds warmth and character to this century home. Upstairs, you will find two charming bedrooms, laundry room (potential for a 3rd bedroom) and a fully renovated four-piece bath. The 2 bedroom back unit has been completely transformed in 2019 with flooring, stylish kitchen, an updated four-piece bath, windows and doors, and a private patio. This unit is being sold fully furnished turnkey with high end furnishings. The backyard is private and spacious with mature trees and newly gravelled driveway with a large level parking area for 4+ vehicles. Additional highlights include radiant propane heating, a landscaped yard, and a welcoming covered porch. Located within walking distance to all amenities, this property offers fantastic income potential. Don't miss out on this incredible investment or generous family home!
- HoldoverDays: 60
- Architectural Style: 2-Storey
- Property Type: Residential Freehold
- Property Sub Type: Duplex
- DirectionFaces: West
- Directions: 8 Sherbourne St N
- Tax Year: 2024
- Parking Features: Private
- ParkingSpaces: 3
- Parking Total: 3
- WashroomsType1: 2
- WashroomsType1Level: Second
- BedroomsAboveGrade: 4
- Basement: Unfinished, Partial Basement
- HeatSource: Propane
- HeatType: Radiant
- ConstructionMaterials: Aluminum Siding
- Exterior Features: Porch, Year Round Living
- Roof: Asphalt Shingle
- Sewer: Sewer
- Foundation Details: Stone
- Topography: Open Space
- Parcel Number: 400750082
- LotSizeUnits: Feet
- LotDepth: 165
- LotWidth: 66
- PropertyFeatures: Park, Place Of Worship, School
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