87-93 NORTH TOWN Line W

$900,000

Ingersoll - North, Ingersoll, Ontario

  • 10 beds
  • 0 baths
  • 800 square feet
Commercial · Multi-familyType
1945Year built
5Parking
Wall unitCooling
229Days on market
$1,125 / sqftPrice / sqft

About this property

** 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! (id:45603)

Property details

Interior

Bedrooms
10
Bathrooms
0
Living area
800 square feet
Storeys
2
Basement
None

Exterior & parking

Architectural style
[]
Parking spaces
5
Parking features
Open
Exterior features
Aluminum siding

Building & HOA

Year built
1945
Cooling
Wall unit

Financial & legal

List price
$900,000
Price / sqft
$1,125 / sqft
Annual taxes
$3,781
Tenure
Freehold
Status
Active
MLS® number
40813629

Location

City
Ingersoll
Neighbourhood
Ingersoll - North
Province
Ontario
Postal code
N5C2S6
Directions
NORTH ON THAMES ST - TURN LEFT

Mortgage calculator

— estimated / month

Estimate only — excludes taxes, insurance and CMHC. Contact us for a real quote.

Location & neighbourhood

Explore what’s nearby:

Listing data provided under the CREA Data Distribution Facility (DDF®). Information is deemed reliable but not guaranteed. REALTOR®, MLS® and associated logos are owned by The Canadian Real Estate Association (CREA).