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Mill St - Bancroft Development Land Portfolio

14.6 Acres of Commercial Land Offered at £5,548,357 in Bancroft, ON K0L 1C0

Executive Summary

BLOCK A - RETIREMENT RESIDENCE -($1,750,000)
BLOCK B - HOTEL & ONE STOREY COMMERCIAL – ($1,600,000)
BLOCK C - STREET TOWNHOUSES – ($6,540,000)

Property Facts

Price £5,548,357
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Apartment Units
  • Apartment Units - Senior
Total Lot Size 14.60 AC

1 Lot Available

Lot

Price £5,548,357
Price Per AC £380,024
Lot Size 14.60 AC

BLOCK A – RETIREMENT RESIDENCE -($1,750,000) BLOCK B -- HOTEL & ONE STOREY COMMERCIAL – ($1,600,000) BLOCK C – STREET TOWNHOUSES – ($6,540,000)

Description

Available development land parcel for a proposed 94 unit ISL/AL seniors housing congregate care project Available development land parcel for proposed townhomes Available development parcel for a proposed Hotel & a 1 storey commercial /retail plaza Opportunity to be part of a larger mixed use, multi-phased purpose-built residential, seniors apartment or retirement residential & hotel / retail development to intensify the neighbourhood Current development plans call for 109 townhomes, 60-80 room, 62,000+ square foot four storey hotel, with approximately 10,000 square foot retail/commercial plaza & a 77,000+ square foot ISL/AL retirement residence Draft Plan Approved

  • Listing ID: 33524115

  • Date on Market: 15/10/2024

  • Last Updated:

  • Address: Mill St, Bancroft, ON K0L 1C0

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