9 Monck St
Bancroft, K0L 1C0
FOR SALE
$179,000
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Property Description
Attention investors and renovators! Unlock the possibilities of this charming in town Fixer-Upper! 3 bedrooms, large kitchen, a full 2nd floor bathroom and main floor half bathroom. Set into a hill with a nice turn around driveway. Parking space for 3 cars and just under 1200 square ft of living space. This home would make a fantastic investment property for the handyman! Successful rental history for many years. Being sold in "As Is" condition.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-03-18 | 2024-05-15 | 58 | $179,000 | $175,000 | Sold |
| 2023-09-08 | 2024-01-24 | 156 | $239,000 | - | Expired |
| 2003-06-18 | 2003-12-31 | 196 | $56,900 | - | Expired |
Property Features
Hospital, Place Of Worship, School
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Property Details
Street
City
Property Type
Detached, 1 1/2 Storey
Approximate Sq.Ft.
700-1100
Lot Size
59' x 74'
Acreage
< .50
Lot Irregularities
0.16 (MPAC)
Fronting
South
Taxes
$1,174 (2023)
Basement
Crawl Space, Unfinished
Exterior
Vinyl Siding, Wood
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
None
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 16.40' x 10.60' | |
| Living | Main | 13.75' x 16.40' | |
| Laundry | Main | 8.17' x 9.42' | |
| Br | Main | 3.28' x 12.66' | |
| Sunroom | Main | 24.84' x 6.76' | |
| Br | 2nd | 9.15' x 10.60' | |
| Prim Bdrm | 2nd | 15.09' x 16.93' |
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Bancroft Market Statistics
Bancroft Price Trend
9 Monck St is a 3-bedroom 2-bathroom home listed for sale at $179,000, which is $538,500 (75.1%) lower than the average sold price of $717,500 in the last 30 days (August 20 - September 18). During the last 30 days the average sold price for a 3 bedroom home in Bancroft declined by $282,499 (28.2%) compared to the previous 30 day period (July 21 - August 19) and up $253,845 (54.7%) from the same time one year ago.Inventory Change
There were 4 3-bedroom homes listed in Bancroft over the last 30 days (August 20 - September 18), which is down 50.0% compared with the previous 30 day period (July 21 - August 19) and down 33.3% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Bancroft typically sold ($21,500) (3.0%) below asking price over the last 30 days (August 20 - September 18), which represents a $107,501 increase compared to the previous 30 day period (July 21 - August 19) and ($6,224) 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 20 - September 18) stood at 150.0%, up from 12.5% over the previous 30 days (July 21 - August 19) and down from 1,933.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Bancroft stood at 64 days when successfully sold over the last 30 days (August 20 - September 18), compared to 92 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 Granite Realty Group Inc.
Similar Listings
If you're making your first real estate investment, or a savvy investor you might find exactly what they're looking for in this property. Set on nearly an acre of land, this cozy 2=bedroom plus den home offers 1,056 square feet of living space. The house features stucco siding, a metal roof, and a combination of carpet and linoleum flooring. Inside, you'll find a spacious kitchen with main floor laundry, a seasonal side porch, a 4 piece bath, and a large living room. The Home is equipped with a 200-amp breaker system and forced air oil heating, with current TSSA certificates in pace. Water is supplied by a drilled well, with recently tested potable water. While the septic system is older, it has provided reliable service for many years. The location is a major asset - just minutes from downtown, yet offering the peaceful charm of country living. Whether you're interested in touring, hunting, fishing, or hiking you'll have easy access to both nature and essential services. While updates are due on this, minor cosmetic changes and a new furnace could make it ideal for a small family. We all know of the rental shortage in the region, and the climate may be right for changing the current use to multiple residential - though you would need to do your own research o that. For over two generations, the previous owners enjoyed full0time living in this home with more than two occupants. Now, it might the perfect fit for you.
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