Description

Opportunity to own approximately 1.19 acres at 603808 Cemetery Lane, offered at $175,000. Zoned RE, the property features an existing solar panel with approximately 6 years remaining on its current contract, generating $1,150 per year in rental income.Two separately titled adjoining parcels are also available for purchase, including a 0.25-acre parcel offered at $75,000 and 4.95 acres at 623808 Road 62 offered at $495,000. Each parcel has its own solar panel and separate solar contract.Purchase individually or explore the opportunity to acquire all three adjoining parcels, totalling approximately 6.39 acres, for a combined asking price of $745,000. Buyers to complete their own due diligence regarding permitted uses and future development. (id:66096)

Market Timing

Days on market

47d

Ingersoll (Ingersoll - North) listings, avg age

109d

List price

$175K

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 47 days, which is 62 days fresher than the city average of 109. Act while there is still low competition.

Set a price alert Book a showing

Area context

Neighbourhood profile (N5C)

This home lists at $175,000, about 2.0× the local median household income of $89,000.

Carrying it typically needs a household income of about $34,184 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$175,000

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Financing

Need a commercial mortgage?

Commercial lenders price on income, tenancy, and zoning rather than posted rates. Our partner mortgage brokers at iShopRates structure the file and shop lenders for you.

Inquire about financing →

Planning to build?

Before you offer on a development site, know what you can build. PreBuildIQ delivers zoning verdicts and required study scopes for any Ontario address in 60 seconds.

Check your site with PreBuildIQ →

PT LT 13 Con 4 North Parcel 2, Ingersoll (Ingersoll - North) - Vacant Land for Sale

Description

Property Details

Market Timing

Location

Nearby Places

Neighbourhood profile (N5C)

Book a showing

Need a commercial mortgage?