33 Flint Avenue
Bancroft, K0L 1C0
FOR SALE
$899,900
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Investment
CATEGORY 131 x 173
LOT SIZE X13538780
MLSID Contact Us
Property Description
Attention Investors! Exceptional opportunity to own a fully tenanted 5-plex in the heart of downtown Bancroft, offering an attractive 8.2% cap rate and strong, reliable returns. This well-maintained income property features five beautifully renovated and well-appointed apartments, all leased to AAA tenants, providing immediate, dependable cash flow with minimal management concerns. Designed for comfortable modern living, each spacious unit has been thoughtfully updated with quality finishes and features that appeal to today's tenants. The property also includes the added convenience of on-site coin laundry, creating an additional source of income. The building is equipped with individual hydro meters for each unit, helping to reduce operating expenses. Ideally situated within walking distance of Bancroft's restaurants, boutique shops, entertainment, and everyday amenities, the property also offers convenient access to public transit, making it highly desirable for renters. With rental housing in short supply and tenant demand remaining strong, this is an outstanding investment opportunity offering stable income, excellent occupancy, and long-term appreciation potential. Whether you're looking to expand your real estate portfolio or acquire a turnkey income-producing asset, this exceptional 5-plex delivers an excellent combination of cash flow, location, and investment value. Don't miss this rare opportunity.
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Property Details
Address
33 Flint Avenue
Community
City
Postal Code
K0L 1C0
Property Type
Investment, Investment
Use
Apartment
Zoning
CF
Lot Size
131' x 173'
Acreage
29,665.0 Feet
Taxes
$5,557 (2025
Heat Type
Radiant
Water
Municipal
Garage Type
None
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Listing contracted with Homelife/Bayview Realty Inc.
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