163 Thames Street North, Ingersoll (Ingersoll - North), Ontario, N5C3E3
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$599,900
Ingersoll
This multi-family property in Ingersoll is for sale offering roughly 2,250 sq ft of space.
SERIOUS INVESTORS TAKE NOTE. This fourplex on a huge lot in great walkable neighbourhood in Ingersoll is now available for sale. Enjoy 3 Vacant Units on completion select your own tenants. Fresh paint, cleaned up, and ready to go. 3 of the units are 1-level, and feature 2 bedrooms and 1 bathroom. One unit is two floors, and features 2 bedrooms and 2 bathrooms, plus lower level "extra room" as well as rec-room. Plenty of parking. Unit 4 is currently rented for $1,395 per month plus utilities. The property's generous depth and R3 zoning may offer future redevelopment potential for higher-density residential use, subject to municipal approvals. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 184 days on market, against an average age of 109 days across the listings currently for sale in this city
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.
This 8-bed multi-family in Ingersoll (Ingersoll - North) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $599,900, about 6.7× the local median household income of $89,000.
Carrying it typically needs a household income of about $117,181 (20% down, 25-yr amortization, stress-tested) — roughly 32% above the area median.
Source: Statistics Canada, 2021 Census (FSA N5C)
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Loading rates, 30-yr amortization
Cash Needed to Close
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