$599,900
For sale: Multiplex

SERIOUS INVESTORS TAKE NOTE. This fourplex on a huge lot in great walkable neighbourhood in Ingersoll is now available for sale. Enjoy 3 Vacant Units on completion select your own tenants. Fresh paint, cleaned up, and ready to go. 3 of the units are 1-level, and feature 2 bedrooms and 1 bathroom. One unit is two floors, and features 2 bedrooms and 2 bathrooms, plus lower level "extra room" as well as rec-room. Plenty of parking. Unit 4 is currently rented for $1,395 per month plus utilities. The property's generous depth and R3 zoning may offer future redevelopment potential for higher-density residential use, subject to municipal approvals.
Sold data
Homes in Ingersoll North took a median of 24 days to sell over the last 365 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 45, across 60 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 31 days.
The median sale price was $534,450.
Homes sold for about 1.7% below asking on average, so there was room to negotiate.
About 20% of sales closed above the list price.
Around 22% of sellers reduced their price before finding a buyer.
Based on 60 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Ingersoll (Ingersoll - North) has 5 Fraser Institute–rated schools (4 elementary and 1 secondary), averaging 5.4/10.
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale

$669,000
Multiplex434 SECOND STREET, East H, London East

$535,000
Multiplex321 SALISBURY STREET, East G, London East

$699,900
Detached189 HUNTINGTON CRESCENT, Dorchester, Thames Centre

$729,900
Detached28 PEGGY AVENUE, Mount Elgin, South-West Oxford

$639,900
Detached37 CHURCH STREET E, Burgessville, Norwich

$659,900
Detached4 OWL DRIVE, Tillsonburg, Tillsonburg

$789,900
Detached20 TURNBERRY DRIVE, Dorchester, Thames Centre

$495,000
Detached459 HALE STREET, East N, London East