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ACTIVE LISTING

87-93 NORTH TOWN Line

Ingersoll, ON N5C 2S6 · MLS® X12904098

$900,000List price
6Bedrooms
—Bathrooms
800Area (sq ft)
InvestmentProperty type

About this home

** 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!

Property details

Property typeCommercial
CoolingPartial
Annual property tax3781

Listing and transaction history

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Available local context

Current IDX records for Ingersoll: 4 active sale listings, with asking prices ranging from $325,000 to $1,949,000.

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Nearby homes for sale

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Walkability and nearby amenities

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