Residentiae.
For Sale · Central Lakes

4 MAXWELL SETTLEMENT ROAD

Central Lakes · K0L1C0

$499,000

5Bedrooms
4Bathrooms
10Parking
1,500Sq Ft
1Storeys

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

RoomLevelDimensions
Living roomMain level5.14 × 7.09 m
BathroomMain level0.9 × 2.22 m
Living roomBasement8.76 × 5.25 m
KitchenBasement3.5 × 2.55 m
BathroomBasement3.12 × 1.6 m
BedroomBasement4.39 × 4.31 m
KitchenBasement3.91 × 7.84 m
BedroomBasement3.91 × 4.36 m
Utility roomBasement4.75 × 6.17 m
Utility roomBasement1.27 × 6.17 m
FoyerMain level3.47 × 1.69 m
Dining roomMain level3.91 × 3.22 m
KitchenMain level3.91 × 3.56 m
Eating areaMain level3.91 × 4.45 m
BedroomMain level2.63 × 3.72 m
Bedroom 2Main level3.03 × 3.37 m
Primary BedroomMain level3.65 × 4.39 m
BathroomMain level2.37 × 3.37 m
Laundry roomMain level2.81 × 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

Mortgage calculator

Estimated monthly payment

$2,334/mo

Amortization

Loan amount

$399,200

Down payment

$99,800

Estimate only. Rates and terms vary by lender and qualification.

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Location & area

Central Lakes

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

0–14
13%
15–24
8%
25–44
19%
45–64
31%
65+
29%

Tenure

88% owners12% renters

Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.

Powered by Neighbourly.io
Good to know

Frequently 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.

Private viewings

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