L57, PL56 Mill Street, Bancroft, ON K0L 1C0
$9,890,000
$9,890,000
MLS®#:
X13054842
Property Type:
Land
Property Style:
Area:
Hastings
Community:
Bancroft Ward
Taxes:
$31,491.37 / 2025
Added:
April 28 2026
Lot Frontage:
353
Lot Depth:
1581
Status:
Active
Outside:
Year Built:
Brokerage:
MARCUS & MILLICHAP REAL ESTATE INVESTMENT SERVICES CANADA INC.
Lot :

1581

353

BIG LOT

Intersection:
Mill Street
Rooms:
Bedrooms:
Bathrooms:
Fireplace:
Utilities
Water:
None
Cooling:
Heating Type:
Heating Fuel:

Listing Details

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 [email protected].

Insights

  1. Diverse Development Potential: The property offers a flexible development opportunity with plans for various uses, including seniors housing, townhomes, a hotel, and commercial/retail spaces, catering to a wide range of market demands.
  2. Strategic Location: Located near QHC North Hastings Hospital, the site is ideally positioned to attract residents and businesses, enhancing its appeal for mixed-use development and ensuring a steady demand for services.
  3. Significant Growth Opportunity: With concept plans for 109 townhomes, a hotel, and a commercial plaza, the property presents a substantial opportunity for investors to capitalize on the growing demand for housing and services in the area.

Neighborhood Overview

Complete neighborhood profile for L57

Bancroft Ward home prices

Average sold price for Detached, Semi-Detached, Condo, Townhomes in Bancroft Ward
* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)