$949,900
Ingersoll
407 BELL Street, Ingersoll, Ontario, N5C2P7
This other in Ingersoll is for sale offering roughly 1,235 sq ft of space.
Prime redevelopment opportunity on a high-exposure corner lot with two major road frontages, zoned Highway Commercial (HC), offering exceptional potential along a major corridor just minutes from Highway 401. This well-maintained 3-bedroom home sits on a spacious corner lot with two road frontages, offering exceptional visibility and easy access from multiple directions. Ideal for families, investors, or those seeking a live/work opportunity, the home features a functional layout with bright principal rooms, a spacious kitchen, and comfortable living areas-perfect for immediate occupancy or rental income. Zoned Highway Commercial (HC) under the Town of Ingersoll's Zoning By-law 04-4160, this property offers incredible redevelopment potential along a high-traffic corridor just minutes from Highway 401. The HC zoning allows for a wide range of uses including restaurant or drive-thru, gas station, car dealership, retail, service shop, motel, and more, making it ideal for future commercial development. The large lot supports ample building footprint, parking, and excellent traffic flow, while dual frontages provide superior exposure and signage opportunities-perfect for high-visibility businesses. The existing home can continue as a legal use in the interim or be incorporated into future plans.A rare opportunity to secure a versatile property with strong income potential today and exceptional long-term upside. Flexible possession available. Don't miss this unique blend of residential comfort and commercial opportunity! *Opportunity for vendor take-back financing available. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 111 days on market, against an average age of 78 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 other in Ingersoll 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 $949,900, about 10.7× the local median household income of $89,000.
Carrying it typically needs a household income of about $185,549 (20% down, 25-yr amortization, stress-tested) — roughly 108% above the area median.
Source: Statistics Canada, 2021 Census (FSA N5C)
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