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For saleListed Jun 1MLS® X13223650

119 Gaffney Lake Lane, Bancroft, ON K0L 1C0

Dungannon Ward, Bancroft · Near Upper Turriff Road · View map

$635,000
2Beds
1Baths
700–1100Sq ft
Raised bungalowType
5 totalParking
Finished with Walk-OutBasement
$4,367/yrTaxes
Call / Text Will
$635,000
FreeholdNo monthly condo fee
Parking for 5Comes with the home
Finished basementWith a walk-out
Lot 31 x 311 ftThe land comes with the home
WaterfrontOn the water
Central airCool all summer

About this home

Your own private waterfront retreat on beautiful Gaffney Lake! A peaceful no-motor lake just 10 minutes from town. Custom built and lovingly maintained by the original owners, this year-round home offers the perfect blend of comfort, privacy, and natural beauty. Featuring 2 bedrooms, 1 full bathroom, and a fully finished walkout basement, the home is designed to maximize both space and stunning lake views. The bright open-concept layout is ideal for entertaining, while the updated kitchen and modern appliances make everyday living a pleasure. Main floor laundry adds convenience, and year-round comfort is ensured with a propane furnace, central air conditioning, drilled well, septic system, and durable metal roof. Step outside to the expansive wraparound covered balcony and take in the tranquil waterfront setting. Watch bass spawn along the shoreline in the spring, enjoy a refreshing swim from the floating raft, or simply relax and listen to the sounds of nature. The beautifully landscaped property is surrounded by established perennial gardens, creating a private and picturesque setting that feels miles away from it all. Located on a quiet private road, this exceptional waterfront property offers the peaceful lifestyle you've been dreaming of, whether as a full-time residence or a weekend escape. Family-friendly, serene, and surrounded by nature, Gaffney Lake is a hidden gem waiting to be discovered.

The home

Type
Raised bungalow
Style
Bungalow-Raised
Square footage
700-1100 sq ft
Bedrooms
2
Bathrooms
1
Kitchens
1
Rooms
7
Basement
Finished with Walk-Out
Lot size
31 x 311 ft
Faces
South
View
Lake, Trees/Woods, Water
Approximate age
31-50 years

Ownership & fees

Ownership
Freehold
Monthly condo fee
None
Exterior
Log

Heating & cooling

Heating fuel
Propane
Heating type
Forced Air
Air conditioning
Central Air
Fireplace
Yes

Garage & parking

Driveway spaces
5
Total parking
5
Parking features
Private

Taxes & other

Property taxes
$4,367/yr
Tax year
2025
Occupancy
Owner
Possession
flexible
Cross street
Upper Turriff Road
Neighbourhood
Dungannon Ward

More

Price per sq ft
~$706 (at 900 sq ft)
Listed
Jun 1, 2026 · 133 days ago
MLS® number
X13223650

The home and its surroundings

  • Lake Access
  • Lake/Pond
  • Waterfront
  • Wooded/Treed
  • Deck
  • Landscaped
  • Privacy
  • Year Round Living
Want to know something that isn’t listed?
Estimated monthly cost$2,925per month, all in
  • Mortgage
  • Property tax

Cash needed to close

    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

    Know exactly what you can affordRun your own numbers with our mortgage and land transfer tax calculators.
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    119 Gaffney Lake Lane, Bancroft, ON K0L 1C0

    Dungannon Ward, Bancroft · Near Upper Turriff Road

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    Sold history

    Listing history for 119 Gaffney Lake Lane

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 119 Gaffney Lake Lane

    Answers come straight from this home’s MLS® listing.

    How much is 119 Gaffney Lake Lane listed for, and what would it cost each month?

    119 Gaffney Lake Lane is listed for $635,000. With 20% down ($127,000), the mortgage payment would be roughly $2,561 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2,925 a month, all in. That figure is an illustration, not a quote.

    Is 119 Gaffney Lake Lane freehold or a condo, and is there a monthly fee?

    119 Gaffney Lake Lane is a raised bungalow in Dungannon Ward, Bancroft. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.

    How many bedrooms and bathrooms does 119 Gaffney Lake Lane have?

    119 Gaffney Lake Lane has 2 bedrooms and 1 bathroom. The listing gives the style as bungalow-raised.

    Does 119 Gaffney Lake Lane have a garage and parking?

    The listing does not show a garage. The driveway adds 5 spaces. In total the listing counts 5 parking spaces.

    Does 119 Gaffney Lake Lane have a finished basement?

    The listing describes the basement as finished with walk-out. Finished basement space is usually not counted in the square footage shown. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.

    What style of home is 119 Gaffney Lake Lane?

    119 Gaffney Lake Lane is a raised bungalow. A raised bungalow has its main floor set about half a level above the ground, so the basement has bigger windows and more light than in a regular bungalow.

    How big is 119 Gaffney Lake Lane, and what is the lot size?

    The listing puts the home between 700 and 1,100 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 31 x 311 ft.

    How is 119 Gaffney Lake Lane heated and cooled?

    Heating is forced air (propane). Cooling is central air.

    What are the property taxes for 119 Gaffney Lake Lane?

    Property taxes are $4,367 a year (2025), or about $364 a month.

    Where is 119 Gaffney Lake Lane?

    119 Gaffney Lake Lane is in the Dungannon Ward community of Bancroft. The nearest main intersection is Upper Turriff Road. The postal code is K0L 1C0.

    How long has 119 Gaffney Lake Lane been on the market?

    119 Gaffney Lake Lane was listed on June 1, 2026. It has been on the market for 133 days. It is an active listing (MLS® X13223650). Listings here update from the board through the day and come down once a home sells.

    What are similar bungalows near 119 Gaffney Lake Lane asking?

    Similar bungalow-style homes for sale nearby right now include 161 & 262 Colbourne Road at $559,900 (3 bed), 16 Williams Drive at $675,000 (2+2 bed) and 11 Ridge Road at $539,000 (3 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 119 Gaffney Lake Lane sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 119 Gaffney Lake Lane?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-619-2256.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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