0 HWY 62 HIGHWAY, Bancroft
$500,000
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. (id:25961)
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Details
- Transaction: For sale
- Zoning Description: RU - Vacant residential land not on water
Building
- Fireplace Present: False
- Size Interior: 60 ac
Land
- Acreage: true
- Size Irregular: 59.68
- Size Total: 59.68 ac
This property for sale is located at 0 HWY 62 HIGHWAY in Bancroft. It was last modified on August 17th 2026. Let us connect you with one of our real estate agents to schedule a viewing or to discover other Bancroft properties for sale.
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