$499,900

For saleJust listed

243 King Street East, Ingersoll (Ingersoll - North) - Single Family for Sale

243 King Street East, Ingersoll (Ingersoll - North), Ontario, N5C1H4

2 beds2 baths3 parking900 ft²96 × 121 ft (11,664 sq ft) lot sizeListed 6 days ago

Overview

This 2-bedroom, 2-bathroom home in Ingersoll is for sale offering roughly 900 sq ft of space. Listed at $499,900, it is attractively priced about 12% below the $569,000 median asking price in Ingersoll. It has been on the market 6 days, fresher than the Ingersoll average of 109 days.

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Description

Welcome to this solid 2-bedroom, 2-bathroom brick bungalow - a fantastic opportunity to create the home of your dreams. Filled with natural light from the large living room windows, the main floor offers a warm and inviting layout with great bones and plenty of potential. The spacious basement provides endless possibilities, whether you envision a large recreation room, home office, guest room, or additional living space for the family. With generous square footage throughout, there's room to reimagine and add your own personal touch. Step outside to discover an expansive backyard ideal for children, pets, and outdoor entertaining. The large covered patio lets you enjoy the outdoors in every season, rain or shine. Situated in a quiet, family-friendly neighbourhood just minutes from schools, shopping, parks, and easy access to Highway 401, this home offers both convenience and long-term value. While this property may require some TLC, it presents an incredible opportunity for renovators, investors, or buyers looking to customize a property to their own style. Don't miss your chance to unlock the potential of this charming bungalow in a prime location. (id:66096)

Property Details

MLS®: X14128982
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 3
Interior Size: 900 ft²
Lot Size: 96 × 121 ft (11,664 sq ft)
Frontage: 96 ft
Storeys: 1
Style: Bungalow
Basement: Finished, Separate entrance, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Ownership: Freehold
Property Tax: $3,194/yr

Features

Appliances: Water Heater
Foundation: Block
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Ingersoll (Ingersoll - North) listings, avg age

109d

Price / ft²

$555

List price

$500K

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 2-bed single family in Ingersoll (Ingersoll - North) has been listed for 6 days, which is 103 days fresher than the city average of 109. Act while there is still low competition.

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Listed by CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD · LEE S. QUAILE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N5C)

This home lists at $499,900, about 5.6× the local median household income of $89,000.

Carrying it typically needs a household income of about $97,648 (20% down, 25-yr amortization, stress-tested) — roughly 10% 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)

$499,900· $555/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,995

Min 5%50%

Mortgage payment$2,633/mo

↳ CMHC premium ($18,996 capitalized)

Property tax (est.)$266/mo

Total monthly$2,899

Cash Needed to Close

Down payment (5%)$24,995

Land transfer tax$6,473

Est. closing costs$4,000

Total cash needed$35,468

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