The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Welcome to a rare commercial opportunity in the growing community of Bancroft. Perfectly situated, this long-standing local business offers more than just a car wash; it offers the foundation for someone with vision to build something truly special. Positioned in a prime, high-visibility location with steady local and tourist traffic flowing through town year-round, this property has been part of the community for years and is ready for its next chapter. The existing operation features 3 self-serve wash bays and a layout that provides flexibility for future improvements, upgrades, and additional income streams. What makes this opportunity especially exciting is the unrealized potential. In previous years, the property operated a successful detailing service that was well received locally and generated strong business activity. While the current owners have taken a quieter, more hands-off approach in recent years, the groundwork remains in place for a motivated entrepreneur to re-energize the business and capitalize on the demand that still exists in the area. Imagine modernizing the bays, introducing updated payment systems, adding memberships or fleet accounts, re-launching detailing services, vending products, pet wash stations, or seasonal offerings geared toward both locals and the constant flow of cottage country visitors. With Bancroft continuing to attract outdoor enthusiasts, travelers, contractors, and seasonal residents, the opportunity to create a thriving service business here is substantial. This property could appeal to a hands-on owner/operator looking to build equity through improvements, an investor seeking a value-add commercial asset, or someone looking to combine practical income with future growth potential. The bones are here, the location is proven, and the possibilities are wide open for the next owner to bring fresh energy and ideas to a recognizable local business.**
Demographic data is not available for this area yet.
Population—
Median household income—
Median age—
Age Groups
Age group data is not available.
Owners vs Renters
Ownership data is not available.
Household Type
Household data is not available.
What’s NearbyDistances approximate
No nearby school data is available for this listing.
Transit score information is not available for this listing.
Nearby everyday places are not available for this listing.
Always confirm school catchments with the local school board.
Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$1,912/mo
Mortgage (principal + interest)$1,680
Property taxFrom listing: $2,788/yr$232
Minimum $22,450 down for this price; the slider moves in whole percent, starting at 5%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$89,800
Ontario land transfer taxProvincial brackets, no first-time refund$5,455
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$98,055
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Bancroft has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
