Address
34 HASTINGS Street S Bancroft, ON
Price
$ 3,888,000
Property Attributes
  • ID#40192975
  • TypeCommercial
  • CityBancroft
  • Postal CodeK0L 1C0
  • StyleDetached
  • Price$ 3,888,000
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
Michael Arbour with Bowes & Cocks Limited, Brokerage
Data Source:
RLP - CREA EN
Property Description

Profitable, well run hospitality based seniors' independent living residence located on almost 3 acres with 600 ft. of riverfront in a rural community. The property is zoned Multi-Unit Residential with room for expansion. There are 30 rooms for the residents who enjoy home cooked meals served in the huge dining room, long term and onsite staff, a spa, pub, activity rooms, audio/visual room, work space, games/arts/crafts, laundry facilities, a sunroom overlooking the gardens and front entry atrium leading to the lobby. The building was totally renovated and restored in 2009 and features geo-thermal heating and air conditioning, updated electrical and plumbing, kitchen facilities, offices, safety features such as sprinkler system & fire escape towers, elevator lift, plus recently installed steel roofing, membrane on flat roofs and a large, paved parking lot for residents and visitors. Local transit is also available. This is an Asset sale, with the property, building, all chattels, equipment and supplies included. The current employees must be assumed with their existing terms of employment to remain the same. All contracts for services, supplies, equipment and maintenance can be assumed. Currently it is fully occupied with an extensive resident waiting list, as this is the premier residence in the area for active seniors. Respect for the residents and their needs, the community and the environment are of utmost importance to the owners. (id:27)

Exterior Features

Lot Frontage 183.0
Jumpid 16866526
Mls 40192975

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in K0L 1C0

Price
AVG $1M
$3.89M
Visits
AVG 23
32
Walkscore
AVG 31
18
Data Provided by Walkscore ® not using MLS data