C$299,000

Rare fully entitled multi-residential development parcel in the Town of Bancroft. This severed 0.49-acre lot (Part 1, Plan 21R-27030) fronts 42.3 m on Newkirk Boulevard and is zoned R3-13(h) Multiple Residential - permitting triplex, fourplex, townhouse and low-rise apartment. By-Law 47-2024 is in force with no appeals, and an architectural site plan supports an 8-unit townhouse concept. Reference plan and topographic survey available. Immediately abuts a 76-unit retirement residence under development, supporting rental and staff-housing demand. Walkable to the Bancroft core, at the Highway 28/62 hub of North Hastings. Buyer to confirm servicing and removal of the Holding ("h") provision. Part 1 only - retained adjoining lands are excluded.