For saleMLS® X13681568

0 Hwy 62 Highway, Bancroft, ON K0L 1C0

Dungannon Ward, Bancroft · Near From Bancroft, travel south on Highway 62. Turn east onto Quarry Road. Property is located on the north side of Quarry Road, just east of Highway 62. · View map

$500,000
59.68Sq ft
LandType
NoneParking
$1,226/yrTaxes
$500,000
FreeholdNo monthly condo fee

About this home

Excellent opportunity to acquire approximately 59.68 acres of strategically located land just south of Bancroft, minutes from town with direct access along the Highway 62 South corridor near Quarry Road.Formerly designated industrial and commercial, the property has been amended under the County of Hastings Official Plan to Urban Future Development and Urban Environmental Protection, positioning the lands for future residential use. The property is currently held in reserve pending municipal servicing, creating a compelling long-term development and land-banking opportunity.Preliminary projections contemplate approximately 20-40 residential lots, with the conservative scenario based on 20 lots and accounting for wet/environmentally sensitive portions of the site.A rare opportunity to secure a sizeable future residential parcel in a growing Bancroft corridor with significant upside as servicing expands. Buyer to complete their own due diligence regarding zoning, permitted uses, environmental matters, development potential, servicing and access.

The home

Type
Land
Square footage
59.68 sq ft

Ownership & fees

Ownership
Freehold
Monthly condo fee
None

Garage & parking

Total parking
None

Taxes & other

Property taxes
$1,226/yr
Tax year
2025
Occupancy
Vacant
Possession
TBD
Cross street
From Bancroft, travel south on Highway 62. Turn east onto Quarry Road. Property is located on the north side of Quarry Road, just east of Highway 62.
Neighbourhood
Dungannon Ward

More

MLS® number
X13681568

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Estimated monthly cost$2,119per month, all in
  • Mortgage
  • Property tax

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    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

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    0 Hwy 62 Highway, Bancroft, ON K0L 1C0

    Dungannon Ward, Bancroft · Near From Bancroft, travel south on Highway 62. Turn east onto Quarry Road. Property is located on the north side of Quarry Road, just east of Highway 62.

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    Sold history

    Listing history for 0 Hwy 62 Highway

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 0 Hwy 62 Highway

    Answers come straight from this home’s MLS® listing.

    How much is 0 Hwy 62 Highway listed for, and what would it cost each month?

    0 Hwy 62 Highway is listed for $500,000. With 20% down ($100,000), the mortgage payment would be roughly $2,017 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2,119 a month, all in. That figure is an illustration, not a quote.

    Is 0 Hwy 62 Highway freehold or a condo, and is there a monthly fee?

    0 Hwy 62 Highway is a land in Dungannon Ward, Bancroft. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.

    Does 0 Hwy 62 Highway have a garage and parking?

    The listing does not show a garage. The listing does not include a parking space.

    What style of home is 0 Hwy 62 Highway?

    0 Hwy 62 Highway is a land. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.

    What are the property taxes for 0 Hwy 62 Highway?

    Property taxes are $1,226 a year (2025), or about $102 a month.

    Where is 0 Hwy 62 Highway?

    0 Hwy 62 Highway is in the Dungannon Ward community of Bancroft. The nearest main intersection is From Bancroft, travel south on Highway 62. Turn east onto Quarry Road. Property is located on the north side of Quarry Road, just east of Highway 62.. The postal code is K0L 1C0.

    Is 0 Hwy 62 Highway still for sale?

    Yes. It is an active listing (MLS® X13681568). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 0 Hwy 62 Highway asking?

    Similar properties for sale nearby right now include 0 MOORE Lane at $450,000, 10 - 12 Flint Avenue at $550,000 and 58 Cleak Street at $449,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 0 Hwy 62 Highway sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 0 Hwy 62 Highway?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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