Homula Realty Brokerage
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0 Highway 62 N, Bancroft, ON K0L 1C0

3 parking spaces · Vacant Land
$124,500

Discover the perfect place to build your dream home on this beautiful 0.87 acre lot with stunning views of the scenic York River - cross the Highway and jump in your canoe or kayak for a day on the river, or a fun trip into town. Ideally located on Highway 62 North, this property offers 189 feet of highway frontage and combines convenience with the peaceful feel of country living. A culvert and shared entrance driveway are already installed, and municipal water and hydro is at the lot line - making it even easier to start planning your future build. Garbage and recycling pickup at the road, and high-speed internet available for added convenience. The property also features approximately $5,000-$6,000 worth of standing timber value. Enjoy being only minutes from shopping, restaurants, healthcare, the golf course, and all the amenities the Town of Bancroft has to offer. Outdoor enthusiasts will love the close proximity to multiple lakes, ATV and snowmobile trails, boating, fishing, and endless recreational opportunities. Whether you're looking to build a year-round residence or a weekend getaway, this fantastic property offers an incredible opportunity in a beautiful location!

MLS number
X13110336
Type
Vacant Land
Status
Active
Bedrooms
0
Bathrooms
0
Postal code
K0L 1C0
Photos
12
Laundry
Not in the unit
125days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

Where this address sits, matched against open government data.

Approximate — placed from the postal code, which can cover a block or more.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
North Hastings High School - Elementary (Elementary)
Hastings & Prince Edward DSB
Elementary536 mNot reported
North Hastings High School
Hastings & Prince Edward DSB
Secondary650 m5.4 / 10
54% met the standard · 2 of 6 measures
Our Lady of Mercy Catholic School
Algonquin and Lakeshore CDSB
Elementary864 m6.7 / 10
67% met the standard
Hillview Christian Day SchoolElementary and secondary824 mNot reported
York River Public School
Hastings & Prince Edward DSB
Elementary1.9 km4.6 / 10
46% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 986 people.

$64,000Median household income
66.2%Own their home
78.9%Detached houses
62.4Median age
4.5%Born outside Canada
14.8%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35120238 — the few blocks around this address, home to 986 people. It describes the area, not this property.

986Population
56.3Average age
2.2Household size
$85,600Average household income
$64,000Median household income
66%Own their home
34%Rent
0%Condominiums
5%Born outside Canada
15%University degree
$424,000Average home value
17%Low income
20%Never married
$10,000 to $14,9991%
$15,000 to $19,9993%
$20,000 to $24,9993%
$25,000 to $29,9995%
$30,000 to $34,9993%
$35,000 to $39,9996%
$40,000 to $44,9995%
$45,000 to $49,9992%
$50,000 to $59,9997%
$60,000 to $69,9998%
$70,000 to $79,9995%
$80,000 to $89,9995%
$90,000 to $99,9993%
$100,000 and over21%
$100,000 to $124,9997%
$125,000 to $149,9995%
$150,000 to $199,9995%
$200,000 and over6%

Percentages are of the 430 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$24,900 · minimum here is $6,225
$551.26per month
Borrowed before insurance$99,600
Total borrowed$99,600
Interest over 25 years at 4.5%$65,778

If you rented it out

-$551.26per month out of pocket
Rent$0.00
Everything it costs to hold$551.26
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by Ball Real Estate Inc.. Listing data provided by the Toronto Regional Real Estate Board.