$545,000

For sale

122 Merritt Street, Ingersoll (Ingersoll - South) - Single Family for Sale

122 Merritt Street, Ingersoll (Ingersoll - South), Ontario, N5C3A1

3 beds1 bath5 parking1,300 ft²62 × 65 ft (3,998 sq ft) lot sizeListed 16 days ago

Overview

This 3-bedroom, 1-bathroom home in Ingersoll is for sale offering roughly 1,300 sq ft of space. Listed at $545,000, it is attractively priced about 13% below the $625,000 median asking price in Ingersoll. It has been on the market 16 days, fresher than the Ingersoll average of 59 days.

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Description

Your Own Backyard Oasis Awaits! This beautifully appointed 3-bedroom home offers the perfect combination of comfortable living, stylish entertaining, and resort-like outdoor enjoyment. The inviting living room features a cozy gas fireplace and patio doors that open directly onto the deck, creating a seamless connection between indoor and outdoor living. The spacious kitchen and dining area provide the perfect setting for family meals and entertaining guests. Step outside to your private, fully fenced backyard, where summer fun awaits with a heated above-ground pool and hot tub-ideal for relaxing, entertaining, and making memories. An impressive 11' x 23' garage/workshop offers excellent versatility for the hobbyist, car enthusiast, projects, or additional storage. The fully finished basement provides even more living space and endless possibilities for a family room, games area, home office, gym, or guest retreat. A home designed for both everyday living and entertaining, with fantastic indoor and outdoor spaces you'll love coming home to. Come see all this wonderful property has to offer! (id:66096)

Property Details

MLS®: X14100040
Property Type: Single Family
Zoning: R2
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Parking: 5
Interior Size: 1,300 ft²
Lot Size: 62 × 65 ft (3,998 sq ft)
Frontage: 62 ft
Storeys: 1
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Fireplace: Yes
Pool: Yes
Ownership

Features

Appliances: Washer, Refrigerator, Water softener, Hot Tub, Gas stove(s), Dishwasher, Dryer, Microwave, Window Coverings
Foundation: Concrete
Exterior: Vinyl siding
Lot Features: Flat site, Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

16d

Ingersoll (Ingersoll - South) listings, avg age

59d

Price / ft²

$419

List price

$545K

Homes here sell faster than most markets

Sold homes in this market spent an average of 38 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This 3-bed single family in Ingersoll (Ingersoll - South) has been listed for 16 days, which is 43 days fresher than the city average of 59. Act while there is still low competition.

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Listed by ROYAL LEPAGE RESULTS REALTY · DARLENE HULST

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N5C)

This home lists at $545,000, about 6.1× the local median household income of $89,000.

Carrying it typically needs a household income of about $106,458 (20% down, 25-yr amortization, stress-tested) — roughly 20% above the area median.

Median household income: $89,000
Population: 15,721
Median age: 41.2
Owner / renter: 78% / 22%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA N5C)

$545,000· $419/ft²

For sale

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Full Cost Breakdown

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Down Payment5.41% · $29,500

Min 5.41%50%

Mortgage payment$2,858/mo

↳ CMHC premium ($20,620 capitalized)

Property tax (est.)$227/mo

Total monthly$3,085

Cash Needed to Close

Down payment (5.41%)$29,500

Land transfer tax$7,375

Est. closing costs$4,135

Total cash needed$41,010

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