Description

This exceptional (MR) zoned 1.76 acre of industrial lot offers approximately 561 feet of frontage by 137 feet in depth, providing outstanding exposure and flexibility for a variety of industrial uses. Permitted uses include a fabricating plant, industrial mall, manufacturing facility, and many additional uses (full list available in office). The property is ideally suited for developers and investors seeking strong development potential. A key feature of this site is the availability of multiple water and sewer connections along the front of the property, making it well-positioned for potential subdivision into smaller parcels (subject to approvals). (id:66096)

Market Timing

Days on market

92d

Ingersoll (Ingersoll - North) listings, avg age

109d

List price

$850K

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 vacant land in Ingersoll (Ingersoll - North) has been listed for 92 days, which is 17 days fresher than the city average of 109. Act while there is still low competition.

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Area context

Neighbourhood profile (N5C)

This home lists at $849,900, about 9.5× the local median household income of $89,000.

Carrying it typically needs a household income of about $166,015 (20% down, 25-yr amortization, stress-tested) — roughly 87% 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)

$849,900

For sale

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Financing

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166 Carnegie Street, Ingersoll (Ingersoll - North) - Vacant Land for Sale

Description

Property Details

Market Timing

Location

Nearby Places

Neighbourhood profile (N5C)

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Need a commercial mortgage?