4 MAXWELL SETTLEMENT ROAD
Central Lakes · K0L1C0
$499,000
About this residence
Sitting on a generous 1.5+ acre corner lot, this expansive 3,596 sq. ft. brick bungalow offers a rare blend of space, versatility, and investment opportunity, all within minutes of the conveniences of Bancroft. Designed with flexibility in mind, the home has been divided into 3 separate units, creating options for multi-generational living or steady rental income. The main level features a spacious 3-bedroom, 1.5 bathroom apartment, complete with a bright open layout, generous principal rooms, and an ensuite in the primary bedroom. The majority of the lower level walkout is finished, offering two self-contained 1-bedroom, 1 bath apartments, along with shared storage and utility spaces. Each unit enjoys private access and natural light, enhancing both comfort and appeal. Outdoors, the property offers exceptional space for recreation, gardening, or entertaining. Decking overlooks the private yard, while the 775+ sq ft detached garage provides ample room for vehicles, hobbies, or workshop use. The attached double garage adds further convenience and storage. Whether you are seeking an income-generating investment, a property to offset your mortgage with rental income, or an estate property ready to be restored to a private family residence, this property delivers opportunity at every turn. Located on a municipally maintained road with easy access to shopping, schools, and amenities, this is a smart acquisition for those who value both lifestyle, convenience and long term potential. Discover the balance of space, privacy, and profit potential, just moments from the heart of Beautiful Bancroft. (id:61366)
Property details
- Property type
- Single Family
- Style
- House
- Ownership
- Freehold
- Bedrooms
- 5 (3 above, 2 below)
- Bathrooms
- 4 (1 half)
- Storeys
- 1
- Living area
- 1,500–2,000 sq ft
- Lot size
- 204.9 x 224 FT ; All sides of varying length
- Frontage
- 204.1 feet
- Parking
- 10 spaces
- Fireplace
- 1
- Annual tax
- $5,636
- MLS®
- X12453851
- Board
- Central Lakes
- Status
- Inactive
- Listed
- Oct 9, 2025
- Updated
- Oct 23, 2025
Room dimensions
| Room | Level | Dimensions |
|---|---|---|
| Living room | Main level | 5.14 × 7.09 m |
| Bathroom | Main level | 0.9 × 2.22 m |
| Living room | Basement | 8.76 × 5.25 m |
| Kitchen | Basement | 3.5 × 2.55 m |
| Bathroom | Basement | 3.12 × 1.6 m |
| Bedroom | Basement | 4.39 × 4.31 m |
| Kitchen | Basement | 3.91 × 7.84 m |
| Bedroom | Basement | 3.91 × 4.36 m |
| Utility room | Basement | 4.75 × 6.17 m |
| Utility room | Basement | 1.27 × 6.17 m |
| Foyer | Main level | 3.47 × 1.69 m |
| Dining room | Main level | 3.91 × 3.22 m |
| Kitchen | Main level | 3.91 × 3.56 m |
| Eating area | Main level | 3.91 × 4.45 m |
| Bedroom | Main level | 2.63 × 3.72 m |
| Bedroom 2 | Main level | 3.03 × 3.37 m |
| Primary Bedroom | Main level | 3.65 × 4.39 m |
| Bathroom | Main level | 2.37 × 3.37 m |
| Laundry room | Main level | 2.81 × 2.21 m |
Features & finishes
Appliances
- Washer
- Refrigerator
- Dishwasher
- Dryer
- Stove
- Window Coverings
Heating
- Forced air
- Propane
Basement
- Separate entrance
- Apartment in basement
Exterior
- Brick
Foundation
- Block
Parking
- Attached Garage
- Garage
Lot
- Flat site
- Irregular lot size
Sewer & Utilities
- Septic System
- Electricity
- Telephone
- Wireless
- Electricity Connected
- Water Available
Architecture
- Bungalow
Financing
Estimated monthly payment
$2,334/mo
Loan amount
$399,200
Down payment
$99,800
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Central Lakes
Nearby
About the area
Census · K0L- 78,142
- Population
- 54
- Median age
- $79,000
- Median income
- $500,000
- Median home value
- 88%
- Home ownership
- 31 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 4 MAXWELL SETTLEMENT ROAD?
4 MAXWELL SETTLEMENT ROAD is listed for $499,000, in Central Lakes.
How many bedrooms and bathrooms does 4 MAXWELL SETTLEMENT ROAD have?
It offers 5 bedrooms and 4 bathrooms (including 1 half-bath).
What type of home is 4 MAXWELL SETTLEMENT ROAD?
4 MAXWELL SETTLEMENT ROAD is a Single Family, House set over 1 storey.
How large is 4 MAXWELL SETTLEMENT ROAD?
The home offers approximately 1,500–2,000 sq ft of living space on a lot measuring 204.9 x 224 FT ; All sides of varying length.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $2,334. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $5,636 per year.
Is there parking?
Yes — 4 MAXWELL SETTLEMENT ROAD includes 10 parking spaces.
What is the Central Lakes area like?
Central Lakes has a population of about 78,142, a median age of 54, a 88% home-ownership rate, with an average commute of about 31 minutes.
What is the average home value in Central Lakes?
The median dwelling value in this area is approximately $500,000, based on census data via Neighbourly.
What is the median household income in Central Lakes?
The median household income in this area is approximately $79,000.
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