5 Forest Hill Road, Bancroft

$499,000
5 Forest Hill Road

$499,000

New
36d
DetachedBungalow

5 Forest Hill Road, Bancroft

Total Monthly Obligation $2,739

Beds
4
Baths
2
Park
4
Sqft
1100-1500
DOM
36d
Yield
4.3%
Cash on Cash
-7.1%
Cap Rate
3.1%
5Y IRR
10.0%
10Y IRR
10.2%
Property Type-Detached
MLS® Number-X13798454
Beds-4
Bathrooms-2
Size-1100-1500 sqft
Lot Size-139.2 × 433.36 ft
Listed on site-Sep 17, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$4,219.67 (2026)
Parking-5 - Attached
Basement-Full, Partially Finished
Heating-Forced Air (Propane)
Brokerage-Century 21 Granite Realty Group Inc.
Cooling-Central Air
Laundry-No
Fireplace-Electric, Propane
Pool-None
Facing-South
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-Bancroft Ward
Title-Residential Freehold

No agent assigned

Set on approximately two beautifully landscaped acres in Bancroft, 5 Forest Hill Road offers country space with in-town convenience. This immaculate, renovated bungalow features four bedrooms, two bathrooms, more than 2,100 sq. ft. of living space and an attached single-car garage. Its flexible layout is ideal for a growing family, retirees or a professional couple. Maple hardwood flooring, crown moulding, updated lighting and professional painting refresh the main level. The kitchen features painted cabinetry with new pulls, an updated countertop, subway tile backsplash, under-cabinet lighting and French doors. The living and family rooms provide comfortable gathering spaces, while the sunroom has new windows and vinyl plank flooring. A new picture window brightens the living room, and added shelving enhances kitchen, pantry and entry storage. Ceiling fans in the bedrooms and family room add everyday comfort. The partially finished lower level offers an in--law suite style layout, vinyl plank flooring, a renovated tile bathroom, kitchen area with subway tile backsplash, bright laundry room and 300+ sq. ft of utility and storage space. A bright sunroom plus two decks extend the outdoor living space and offer elevated views of the property, the York River and the Town of Bancroft. Enjoy mature trees, landscaping, gardens, open lawns, and a backyard gazebo. A 10' x 16' garden shed with a poured concrete floor and a 15' x 16' ATV and storage shed provide room for tools and recreational gear. The paved driveway leads to the garage, equipped with a workbench, lumber racks and 100-amp electrical service. Access to the Hastings Heritage Trail is approximately 500 feet away. Schools, shopping, parks, hospital and Bancroft's everyday conveniences are close at hand. Turnkey and thoughtfully improved, this home is ready to enjoy.

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Closing Costs

Mortgage Amount
$399,200
Land Transfer Taxes$6,455
Legal Fees (Est.)
$
Total cash required for closing$107,755

Total Monthly Obligation

$2,739/mo
Mortgage $2,013
Monthly Loss $2,210
Principal$530
Interest$1,483
Property Tax$352
Home Insurance$125
Variable Costs$250

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 5 Forest Hill Road

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