** Rare Investment Opportunity!** We are excited to present this unique Real Estate investment opportunity comprising 5 units - a duplex and a triplex. This property boasts an exceptional investor return with a 7.14% cap rate. Detailed financial numbers and a spreadsheet are available for review. Located in a quiet and mature area, the property features a large lot measuring 86' x 252', providing plenty of space for outdoor activities. There is ample parking with 2 driveways, and one tenant looks after maintaining the grass cutting and snow removal. The property has been maintained, with newer wiring, plumbing, roof, siding, and interiors updated in 2017. Further interior renovations 2024/2025/2026. Each unit has separate entrances and is separately metered (except for water in the back 3 units). Additionally, the property comes with 5 fridges and 5 stoves. Come and view this investment!
| MLS # | 40813629 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1945 |
| Days On Site | 201 |
| Listing Provided By | KELLER WILLIAMS INNOVATION REALTY | Roy Cleeves |
| Bed(s) | 10 |
|---|---|
| SQ Feet | 800 |
| Story(s) | 2 |
| Units | 5 |
| Zoning | R1 |
| Acreage | 0.50 |
| Interior Features | None |
|---|---|
| Cooling | Wall Unit(s) |
| Cooling Yes / No | No |
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Laundry Features | In-Suite |
| Lot Features | Park, Playground Nearby, Schools |
|---|---|
| Construction Materials | Aluminum Siding |
| Roof | Shingle |
| Foundation Details | Stone |
| Patio And Porch Features | Patio |
| Parking Features | Gravel, Mutual/Shared |
|---|---|
| Open Parking Yes / No | Yes |
| Attached Garage Yes / No | No |
| Sewer | Sewer (Municipal) |
|---|
| Tax Annual Amount | 3781 |
|---|
| Province | ON |
|---|---|
| County | Oxford |
| City | Ingersoll |
| Postal Code | N5C 2S6 |
| Area | Ingersoll |
| Subarea | Ingersoll North |
| Community Name | Ingersoll North |
| School District | Ingersoll Collegiate Hs |
| Elementary School | Ingersoll Collegiate Hs |
| Listing VS Median (in Ingersoll North) | |
Price: $900,000 low | high Med: $900,000 sqft: 800 low | high Med: 800 $ / sqft: $1,125 low | high Med: $1,125 On site: 201 low | high Med: 201 | |
| Province | ON |
|---|---|
| County | Oxford |
| City | Ingersoll |
| Postal Code | N5C 2S6 |
| Area | Ingersoll |
| Subarea | Ingersoll North |
| Community Name | Ingersoll North |
| School District | Ingersoll Collegiate Hs |
| Elementary School | Ingersoll Collegiate Hs |
| Listing VS Median (in Ingersoll North) | |
Price: $900,000 low | high Med: $900,000 sqft: 800 low | high Med: 800 $ / sqft: $1,125 low | high Med: $1,125 On site: 201 low | high Med: 201 | |