0 MOORE Lane

About this home

Excellent opportunity to acquire approximately 30 acres of residential land in Faraday Township, just outside Bancroft. Surrounded by mature trees, the property offers a private, natural setting while remaining close to town amenities and the renowned Eagle's Nest Lookout and Adventure Park.The property benefits from two access points via Moore Lane and Eagle's Nest Park Road, providing excellent flexibility for future development. A preliminary 23+ lot subdivision concept has already been prepared, with private well and septic contemplated for each lot.Projected lot values of approximately $100,000-$120,000 each provide potential gross lot sale proceeds of approximately $2.3M-$2.76M based on 23 lots.A unique opportunity for a developer or investor to secure a sizeable residential development parcel in a highly desirable forested setting near Bancroft. Buyer to complete their own due diligence regarding zoning, subdivision approvals, lot yield, servicing, environmental matters and development potential.

Details

Type

Land

Property tax

$828 (2025)

Neighbourhood

Bancroft Ward

Municipality

Bancroft

Building and exterior

Building area

28 Acres

More

Possession

TBD

Cross street

Hastings St N / Eagles Nest Crescent (Main) between Moore Lane & Eagles Nest Park Road