Your email has been sent.
33 Newkirk Blvd 0.49 Acres of Residential Land Offered at $216,593 USD in Bancroft, ON K0L 1C0
Investment Highlights
- Pricing the development pencils out
Executive Summary
Investment highlights
• Fully entitled & de-risked — rezoned to R3-13(h); the by-law is in force and no appeals were filed.
• Shovel-ready concept — architectural site plan supports 8 townhouse units; site-specific relief for lot area, frontage and density already secured.
• Survey-ready — deposited reference plan (21R-27030) and a topographic survey are available for due diligence.
• Flexible product — R3-13(h) also permits triplex, fourplex and low-rise apartment forms within the approved envelope.
• Built-in demand — abutting 76-unit retirement residence under development, plus a regional housing shortage and aging population supporting rental and staff-housing absorption.
• Strong in-town location — walkable to the Bancroft core, at the Highway 28 / 62 hub of North Hastings County.
• Scarce asset — entitled multi-residential land rarely comes to market in Bancroft; most available land is raw and unzoned.
The offering at a glance
Address Newkirk Boulevard, Town of Bancroft (Part 1)
Asking price $299,000
Site area ±0.49 acres • ±1,999 m² • ±0.200 ha
Frontage ±42.29 m (±138.7 ft) on Newkirk Boulevard
Zoning R3-13(h) Multiple Residential — in force (no appeals)
Permitted uses Triplex, fourplex, townhouse, low-rise apartment
Approved concept 8 townhouse units
Legal description Part 1, Plan 21R-27030 (part of Block A, Registered Plan 1133)
What is included Part 1 only — the Vendor retains the abutting Part 2 (retirement residence)
Property Facts
| Price | $216,593 USD | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 0.49 AC |
| Property Type | Land | ||
| Zoning | R3-13(h) - Multiple Residential | ||
| Price | $216,593 USD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 0.49 AC |
| Zoning | R3-13(h) - Multiple Residential |
1 Lot Available
Lot
| Price | $216,593 USD | Lot Size | 0.49 AC |
| Price Per AC | $442,026.31 USD |
| Price | $216,593 USD |
| Price Per AC | $442,026.31 USD |
| Lot Size | 0.49 AC |
CB Metropolitan Commercial Realty Inc. is pleased to offer for sale Part 1 of Plan 21R-27030 — a fully entitled, surveyed multi-residential development parcel of approximately 0.49 acres (±1,999 m²) fronting 42.29 metres (±138.7 ft) on Newkirk Blvd.
Description
Site summary Location Newkirk Boulevard, Town of Bancroft (parent address 33 Newkirk Boulevard) Legal description Part 1, Plan 21R-27030, being part of Block A, Registered Plan No. 1133, Geographic Township of Faraday, Town of Bancroft, County of Hastings PIN Part of 40072-0084 (LT) Lot area ±0.200 ha • ±1,999 m² • ±0.49 acres Frontage (Newkirk Blvd) ±42.287 m (±138.7 ft) Configuration Irregular (5-sided) parcel; road frontage to the south on Newkirk Boulevard Topography Generally sloping; full topographic survey available for review Surveys available Topographic survey (2022) and reference plan 21R-27030 (deposited Sept 11, 2025) Servicing In-town location; purchaser to confirm municipal water / sanitary availability and capacity with the Town Adjacent use Abutting 76-unit retirement residence (Part 2) under development by the Vendor — not part of this sale Surrounding context Established residential neighbourhood; walking distance to the Bancroft town core and Hastings Street
Presented by
33 Newkirk Blvd
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.