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L57, PL56 Mill Street Bancroft ON

📍 Bancroft, Ontario K0L 1C0

$9,890,000

Active
353×1581LOT (FT)

📋 Listing Highlights

StatusActive
MLS®X13054842
ListedApr 28, 2026
Days on Market—
Property TypeCommercial
StyleLand
Cross StreetMill Street

📝 Listing Description

Development land opportunity on Mill Street in Bancroft, Ontario, offering flexibility for a range of potential uses, including seniors housing, townhomes, hotel, and commercial/retail development. The offering is available for purchase together or separately across three blocks: Block A offered at $1,750,000; Block B offered at $1,600,000; and Block C offered at $6,540,000. Current concept plans contemplate 109 townhomes, a 60-80 room four-storey hotel, an approximately 10,000 SF retail/commercial plaza, and a 77,000+ SF ISL/AL retirement residence. Positioned in close proximity to QHC North Hastings Hospital, the property offers a compelling opportunity to advance a mixed-use development concept with residential, hospitality, and commercial components. Please reach out to Raffaele Guglielmelli (Director, National Seniors Housing Group) for more information at 613-724-9562 or [email protected].

🏠 Property Details

Property TypeCommercial
StyleLand

📐 Lot & Land

Lot Width353 ft
Lot Depth1581 ft
Cross StreetMill Street

💰 Financial

List Price$9,890,000
Annual Taxes$31,491.37 (2025)

🧮 Mortgage Calculator

$1,978,000
Est. Monthly Payment
$48,587/mo
Principal: $7,912,000 · P+I only
Does not include taxes, insurance or CMHC
Listing provided by MARCUS & MILLICHAP REAL ESTATE INVESTMENT SERVICES CANADA INC.Data via PropTx MLS® / TRREB. Information deemed reliable but not guaranteed.MLS® #X13054842 · Last updated: Jul 14, 2026

Information deemed reliable but not guaranteed. © TRREB / PropTx. MLS® is a trademark of CREA. This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate.