Nestled along 648' of pristine waterfront on Gaffney Lake (no gas boat motors) with a limestone base known for its remarkable clarity, excellent smallmouth and largemouth bass fishing and endless paddling adventures. This extraordinary property spans almost 3 acres of lakeside paradise. Thoughtfully designed for both family living and revenue potential, this waterfront home features 5 spacious bedrooms, a 2-car garage plus a convenient carport, and options for dual living or short-term rental use - think in-law suite or Airbnb-ready setup (2 water sources + 2 septic systems + geothermal heating). Warm your toes on the expansive deck and sunroom, both offering panoramic views of the shimmering lakeperfect for morning coffee or evening conversations around the sunset. Inside, an efficient and sustainable geothermal heating system ensures year-round comfort with whisper-quiet operation and minimal environmental footprint. For nature lovers, the locale is a treasure trove. Outdoor enthusiasts will delight in hiking and picnicking at Egan Chutes Provincial Park, just a short drive away. Bancroft itself offers community charm parks like Riverside, Millennium, and Vance Farm Park provide trails, picnic areas, live concerts, skate facilities and launches for canoeing or kayaking. This property is an idyllic blend of tranquility, comfort, and flexibility perfect for families seeking a lakeside sanctuary or investors tapping into vacation-stay demand in the Bancroft region.
Property Type:
Residential Freehold
Property Sub Type:
Detached
Home Style:
Bungalow-Raised
Approx. Age:
31-50
Total Approx Floor Area:
2000-2500
Lot Size:
2-4.99
Depth:
0'0 m
Frontage:
648'198 m
Lot Shape:
Irregular
Topography:
Flat, Waterway, Wooded/Treed
Direction Faces:
North
Bedrooms:
5
Bathrooms:
2.0
Water supply:
Both
Kitchens:
1
Bedrooms Above Grade:
5
Kitchens Above Grade:
1
Rooms Above Grade:
11
Rooms Below Grade:
6
Fractional Ownership:
No
Zoning:
RU
Assignment:
No
Heating type:
Heat Pump
Heating Fuel:
Ground Source
Foundation:
Concrete
Roof:
Metal
Basement:
Full, Unfinished
Fireplace/Stove:
No
Alternative Power:
Generator-Wired
Garage:
Attached
Garage Spaces:
2.0
Parking Features:
Circular Drive, Private
Parking Spaces:
10
Total Parking Spaces:
12.0
Rural services:
Cell Services, Electricity Connected, Garbage Pickup, Internet Other, Phone Connected, Recycling Pickup, Telephone Available
Family Room:
No
Possession Details:
60 Days / TBA
Pool:
None
Link:
No
HST Applicable To Sale Price:
Included In
Assessment Year:
2025
Taxes:
$4,323.31 /
2025
Assessment:
$- /
2025
Hastings
Bancroft
Dungannon Ward
Lake/Pond, Waterfront
Carpet Free, Generator - Full, In-Law Capability, Primary Bedroom - Main Floor, Storage, Sump Pump, Water Heater Owned, Water Treatment
Deck, Fishing, Privacy, Porch Enclosed, Year Round Living, Recreational Area
Unknown
Interlink backup electrical system
Personal items
Log, Vinyl Siding
No
No
628'191.414 m
Beach Front, Dock, Motors Restricted
Direct
Clean, Gravel, Natural
None
North East
Bay, Beach, Forest, Lake, Trees/Woods, Water
Direct
Year Round Municipal Road, Public Road, Municipal Road
Gaffney Lake
Lake
Heated Waterline, UV System, Water Treatment
Not Applicable
Private
Floor
Type
Size
Other
Main
Sunroom
26'7.92 m × 10'3.05 m
Overlook Water, Bay Window, Laminate
Main
Living Room
19'11¾"6.09 m × 14'10¾"4.54 m
Overlook Water, Bay Window, Laminate
Main
Dining Room
11'7"3.53 m × 10'9½"3.29 m
Overlook Water, W/O To Deck, Combined w/Living
Main
Kitchen
19'11¾"6.09 m × 11'7"3.53 m
Laminate, Pass Through
Main
Primary Bedroom
20'10"6.35 m × 18'10¾"5.76 m
Laminate, Large Closet
Main
Bedroom 2
11'5"3.48 m × 11'4¼"3.46 m
Laminate, Large Closet
Main
Bedroom 3
10'4"3.15 m × 9'7"2.92 m
Laminate, Large Closet
Main
Primary Bedroom
17'11"5.46 m × 17'5.18 m
Laminate, Combined w/Sitting
Main
Sitting
11'8½"3.57 m × 11'3.35 m
Laminate, Overlook Water
Main
Bedroom 5
11'3"3.43 m × 11'3"3.43 m
Laminate, Closet
Main
Laundry
10'2½"3.11 m × 9'2¼"2.80 m
Laminate
Lower
Utility Room
12'9½"3.90 m × 11'9¾"3.60 m
Concrete Floor
Lower
Other
28'5"8.66 m × 11'7"3.53 m
Concrete Floor
Lower
Other
31'9.45 m × 24'7.32 m
Concrete Floor
Lower
Other
22'7¼"6.89 m × 8'7"2.62 m
Concrete Floor
Lower
Other
15'4.57 m × 10'3.05 m
Concrete Floor
Lower
Other
23'11¾"7.31 m × 12'3.66 m
Concrete Floor
Utilities Cable:
No
Utilities Telephone:
Yes
Utilities Gas:
No
Utilities Hydro:
Yes
Utilities Water:
No
Water Supply Types:
Drilled Well, Lake/River, Sediment Filter, Water System
Data was last updated September 25, 2025 at 08:15 PM (UTC)
Area Statistics
Listings on market:
19
Avg list price:
$525,000
Min list price:
$249,000
Max list price:
$1,799,000
Avg days on market:
48
Min days on market:
3
Max days on market:
520
These statistics are generated based on the current listing's property type
and located in
Dungannon Ward. Average values are
derived using median calculations. This data is not produced by the MLS® system.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.