22 Towes Lane

Bancroft, K0L 2L0
FOR SALE
$1,179,000
22 Towes Lane, Bancroft
22 Towes Lane
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3
BEDROOMS
3
BATHROOMS
1
KITCHENS
4 + 3
ROOMS
X9257063
MLSID
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Property Description
STUNNNING 3 bedroom home or cottage on quiet spring fed Stimears lake, a non motor lake for your quiet enjoyment! 2 acres of beautiful mature trees with 120 feet of waterfrontage gives you plenty of space and privacy and a tree house for the kids! Located within 10 minutes to Bancroft with hospital and all amenities. Low operating costs with geothermal heat and air conditioning, drilled well and septic. Gorgeous kitchen featuring granite counters, subzero fridge, ss appliances. about 3000 sqft of living space, 2 large stone fireplaces, large deck and walk out basement. Great place for year round fun! Close to snowmobile trails, rec center and more!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2016-04-25 2016-07-16 82 $589,900 $563,000 Sold
2011-07-14 2012-10-30 509 $389,900 - Expired
2013-11-04 2014-01-13 70 $139,900 $130,000 Sold
2013-02-26 2013-05-31 100 $169,900 - Expired
2012-03-14 2012-12-07 273 $179,900 - Expired
2012-03-14 2012-09-07 182 $389,900 - Expired
Extras
Inclusions: All appliances Subzero fridge, Kitchen Aid stove oven microwave, Bosch dishwasher, Samsung washer & dryer, BBQ. Beds, bedroom sets, sofas in basement, 3 lounge chairs in basement
Property Details
Property Type
Detached, Bungalow-Raised
Acreage
2-4.99
Lot Irregularities
2 acres irreg
Fronting
East
Taxes
$9,177 (2024)
Basement
Fin W/O
Exterior
Vinyl Siding
Heat Type
Other
Heat Source
Grnd Srce
Air Conditioning
Central Air
Water
Well
Parking Spaces
10
Driveway
Private
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
LivingMain18.01' x 25.92'W/W Fireplace, Large Window
KitchenMain13.19' x 22.97'
Prim BdrmMain14.01' x 16.44'4 Pc Ensuite
2nd BrBsmt20.14' x 15.29'
3rd BrBsmt13.48' x 15.29'
FamilyBsmt17.09' x 25.10'W/W Fireplace
Bancroft Market Statistics
Bancroft Price Trend
22 Towes Lane is a 3-bedroom 3-bathroom home listed for sale at $1,179,000, which is $454,000 (62.6%) higher than the average sold price of $725,000 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 3 bedroom home in Bancroft declined by $274,999 (27.5%) compared to the previous 30 day period (July 17 - August 15) and up $205,000 (39.4%) from the same time one year ago.
Inventory Change
There were 5 3-bedroom homes listed in Bancroft over the last 30 days (August 16 - September 14), which is down 28.6% compared with the previous 30 day period (July 17 - August 15) and down 0.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Bancroft typically sold ($19,000) (2.6%) below asking price over the last 30 days (August 16 - September 14), which represents a $110,001 increase compared to the previous 30 day period (July 17 - August 15) and ($9,000) less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Bancroft over the last 30 days (August 16 - September 14) stood at 100.0%, up from 14.3% over the previous 30 days (July 17 - August 15) and down from 1,100.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Bancroft stood at 46 days when successfully sold over the last 30 days (August 16 - September 14), compared to 84 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 Wenda Allen Realty
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