3 Graf Road

Welcome to this fantastic investment opportunity, a charming house for sale in Bancroft , located at 3 Graf Road, Bancroft. This spacious detached bungalow, raised to offer a unique living experience, boasts a total of nine rooms, including two generous bedrooms and three bathrooms. With an impressive 2800 square feet of living space, this property is perfect for those seeking flexible living options, whether for a large family, rental income, or multi-generational living.

As you step inside this delightful home, you’ll be greeted by an open-concept floor plan that features high ceilings and a bright, airy living space. The main kitchen is well-appointed and ideal for preparing meals, while an additional kitchen adds even more convenience. The layout of this house for sale in Bancroft is designed for practicality, with laundry hookups conveniently located both upstairs and downstairs. The property is unfurnished, allowing you to put your personal touch on it and truly make it your own.

The upper level of 3 Graf Road, Bancroft, includes two spacious bedrooms, one of which is a master suite complete with a luxurious Jacuzzi tub—perfect for unwinding after a long day. The two bathrooms on this level ensure that there’s ample space for family and guests alike. The lower level, which is currently vacant, features a fully self-contained in-law suite, complete with three additional bedrooms, a full bathroom, a living area, and its own kitchen. This separate entrance makes it ideal for extended family, rental income, or simply providing privacy for guests.

This house for sale in Bancroft is set on a generous lot measuring 292 by 159 feet, with additional land ranging from 0.50 to 1.99 acres, providing plenty of outdoor space for relaxation or recreation. Although the property does not have a pool, the expansive grounds offer ample opportunity for gardening or outdoor activities. The circular driveway provides private double parking for up to six vehicles, making it convenient for family gatherings or entertaining guests.

Heating is provided by a forced air system, with the added comfort of a pellet stove on each level, ensuring warmth during the colder months. While the property is in need of some exterior repairs, it presents a wonderful opportunity for the right buyer to invest in a home with great potential. The absence of air conditioning and a central vacuum system may be seen as drawbacks, but they also provide a blank canvas for you to enhance the property as you see fit.

The basement of 3 Graf Road, Bancroft, is finished and includes an apartment, adding further versatility to this already flexible living arrangement. The property is connected to a well for water and uses a septic system for sewer, making it self-sufficient in many ways.

With its prime location in the Dungannon Ward of Bancroft, this house for sale in Bancroft is not just a home; it’s a chance to build equity and create value in a thriving community. Whether you’re looking for a large family home, a rental investment, or both, this property has the potential to meet your needs.

Don’t miss out on this incredible opportunity! With separate living spaces, over an acre of land, and the chance to turn this property into a smart investment, the possibilities are endless. This house for sale in Bancroft is being sold as is, so bring your vision and make it your own!

Dungannon Ward, located within the city of Bancroft, is a charming and vibrant area characterised by its picturesque landscapes and a blend of residential and green spaces. Nestled amidst rolling hills and scenic parks, the ward offers a tranquil environment while still being conveniently close to the amenities of the city centre. With a mix of modern housing and quaint, traditional architecture, Dungannon Ward appeals to a diverse range of residents. The community is well-served by local shops, schools, and recreational facilities, making it an ideal place for families and individuals alike. The welcoming atmosphere and strong sense of local identity contribute to the ward's appeal, ensuring that residents can enjoy both the serenity of nature and the vibrancy of city life.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small, stable community with a population of 785 residents as of 2021. The average household size is 2.4, indicating a mix of family structures, with 26% of households having children. The average age of residents is 48.2 years, suggesting a mature population. Economically, the area has an average household income of $82,800, with a low-income rate of 11%. The real estate market reflects an average property price of $360,000, catering to a diverse range of buyers. Notably, 35.77% of the population is single, while renters make up 7.69% of the housing demographic, and there are no condos available in the area. Education levels are relatively high, with 40.46% of residents holding a college or university degree. However, a significant portion of the population, 44.27%, is not in the labor force, which may impact economic dynamics. The area also has a small immigrant population of 3.9%, contributing to its cultural diversity. Overall, this community presents a blend of stability, education, and economic potential, appealing to both families and individuals alike.