Incredible opportunity ! Home and large shop on the north edge of Bancroft. This home was built in 1956 and all the original finishes are in excellent condition. The three bedroom traditional layout Has a four piece bath, an eat in kitchen and a huge living room. The full basement is partially finished with laundry room and an office or bedroom. The heat system is oil forced air and the tank is 2006. ( as is ) The 30x36 two level shop has so much opportunity and has been operated as an antique shop but could be converted to other uses. Location Location Location!
3 bedrooms, 1 bathroom, about 700 sq ft, works out to roughly $564 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 488 Hastings St N
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
700-1100 sq ftas stated on the listing
Parking
6 spacesYes garage
Basement
Full, Partially Finished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
6
Interior
Basement
Full · Partially Finished
Lot & land
Lot size (sqft)
0.303
Listing & possession
Property style
Bungalow
Property class
Detached
488 Hastings St N Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$1,941
/mo
based on the purchase price of $395,000
$79,000 cash
$316,000 financed
$266,155 total interest
Principal54%$316,000
Interest46%$266,155
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Similar homes for sale nearby in Bancroft
Other 2–3 bed homes for sale in Bancroft around $395K.
Average days on market62Homes sold in about 62 days on average.
Sale-to-list ratio94.0%On average, homes sold below asking.
Active listings63Homes for sale here right now.
Median vs prior 90 days+1.3%Compared with May 18 – Aug 16, 2026: prices up.
Based on 23 sales from Aug 16 – Nov 14, 2026 (30 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 488 Hastings St N
How much is 488 Hastings St N listed for?
488 Hastings St N is listed at $395,000 (MLS® X13433882). Summitly updates the price as soon as the MLS® record changes.
Is $395,000 a good price for 488 Hastings St N?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Bancroft. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 488 Hastings St N changed?
Yes — it was first listed at $450,000 and is now $395,000, a drop of $55,000 (12.2%).
How many bedrooms and bathrooms does 488 Hastings St N have?
488 Hastings St N has 3 bedrooms and 1 bathroom, with about 700–1,100 square feet of living space. It is a detached home in Bancroft.
How much would the monthly mortgage be on 488 Hastings St N?
About $1,941 a month — principal and interest on $395,000 with 20% down ($79,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 488 Hastings St N compare with other homes in Bancroft?
Its asking price of $395,000 is about the same as the median sold price in Bancroft over the last 90 days, $390,000, across 23 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 488 Hastings St N been sold before?
Summitly has no earlier MLS® sale or lease of 488 Hastings St N on record from the last two years. Older records aren't shown under TRREB rules.
Where is 488 Hastings St N?
488 Hastings St N is in Bancroft, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 488 Hastings St N been on the market?
156 days — 488 Hastings St N was listed on June 11, 2026.
What is the price per square foot of 488 Hastings St N?
About $359 to $564 per square foot: the asking price of $395,000 over the 700–1,100 sq ft the listing gives as its size range.
Does 488 Hastings St N have parking or a garage?
Yes — the listing gives 6 parking spaces. Garage: Yes.
Does 488 Hastings St N have a basement, and is it finished?
The listing describes the basement as: Full, Partially Finished.
