5 Albion Place - $575,000

, Bancroft, K0L1C0
MLS® 40104262

Albion Lake - Only 15 minutes from Bancroft this 5 bedroom cottage has 110 feet of waterfront on a quiet lake that is suitable for boating and offers great fishing. Waterfront with a hard sandy bottom has a gradual entry is perfect for all ages to enjoy. Cottage features spacious eat-in kitchen, large living room with lots of room for family gatherings, 2 bathrooms and attached sunroom with incredible views of the lake. Very level yard is great for recreational activities and has the added bonus of its own boat launch. Recent upgrades include new lakeside windows, renovated kitchen and bathrooms. Fabulous cottage for a large family or a seasonal rental property. Currently rented with revenues of over $50,000 per year for both 2020 and 2021. Albion lake has 20% crown land, approx. 164 acres, a maximum depth of 36 feet and approx. 32 properties on the lake. Great fishing for both Bass and Splake. Private road is maintained by cottagers at an approximate cost of $170 per year. Cottage is insulated but the water line to the lake is not heated and pump room is not heated. Can be updated for winter use. (id:38551)

Features

  • Southern Exposure
  • Golf Course/parkland
  • Beach
  • Country Residential
  • Recreational

Location

Details

5 Albion Place, , Bancroft

  • Land

    0.29 ac|under 1/2 acre

  • Bedrooms

    Above Grade: 5

    5
  • Bathrooms
    2 + 1 Half
  • Parking
    0

Rooms

5 Albion Place, , Bancroft

  • Bedroom

    second level

    8'0'' x 10'0''
  • Bedroom

    second level

    7'0'' x 10'0''
  • Primary Bedroom

    second level

    13'0'' x 24'0''
  • 2pc Bathroom

    main level

    4' x 6'
  • 4pc Bathroom

    main level

    6' x 10'
  • Sunroom

    main level

    10' x 20'
  • Bedroom

    main level

    8'0'' x 6'0''
  • Bedroom

    main level

    8'0'' x 6'0''
  • Kitchen/dining Room

    main level

    14' x 20'
  • Living Room

    main level

    14'0'' x 24'0''

Presented By
Jun Shi-Boom

Real Estate Salesperson
MLS REALTOR

Green Hedge Realty Inc., Brokerage

Jun Shi-Boom Real Estate Salesperson & MLS REALTOR

MLS REALTOR Listing Contract 2021-04-26 With Re/Max Country Classics Ltd., Brokerage. Uploaded Through Quinte & District Association Of Realtors® Inc..