217-219 MERRITT STREET, Ingersoll (Ingersoll - South)

$499,900

For sale: Multiplex

Multiplex at 217-219 MERRITT STREET, Ingersoll (Ingersoll - South)
Property type
Duplex
Bedrooms / bathrooms
6 bedrooms, 2 bathrooms
Living area
2,500 sqft
MLS®
MLS® X13735052
Neighbourhood
Ingersoll - South

LIVE IN ONE & LET THE OTHER HELP PAY THE MORTGAGE! Investors, first-time buyers and savvy buyers take note - this is a rare opportunity to own TWO SEMI-DETACHED HOMES UNDER ONE TITLE in a quiet Ingersoll neighbourhood. Both units are currently vacant - set your rent! This is not your traditional duplex; it is two separate semi-detached homes being offered together, creating a unique opportunity for an owner-occupant or investor. Even better, the home was lifted and placed on a new foundation, adding valuable peace of mind and future potential. Both units feature basements with separate entrances, providing excellent space for storage today and exciting possibilities for future development. Live in one home and rent the other, creating the potential for rental income to help offset your mortgage and carrying costs. Investors can add two dwellings to their portfolio with one purchase, while first-time buyers can have a tenant help contribute toward the cost of home ownership. Both homes have been well maintained with newer furnaces, newer roof, and are located in a quiet area within walking distance to downtown, schools, parks and Ingersoll's scenic walking trails. Enjoy a convenient location close to everyday amenities while still tucked away in a peaceful neighbourhood setting. Both homes have their own private drive & partially fenced yards. Two homes. One title. New foundation. Walkout basements. Multiple possibilities. Whether you're looking for your first home, your next investment or a smart way to make home ownership more affordable, this is an opportunity that deserves a closer look.

Sold data

Homes in Ingersoll (Ingersoll - South) — recent sold market

Homes in Ingersoll (Ingersoll - South) took a median of 34 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 64, across 46 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 66 days.

The median sale price was $532,500.

Homes sold for about 3.4% below asking on average, so there was room to negotiate.

About 15% of sales closed above the list price.

Around 33% of sellers reduced their price before finding a buyer.

Median days to sell
34
Median sale price
$532,500
Sale-to-list ratio
96.6%
Sold above asking
15%

Based on 46 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Ingersoll (Ingersoll - South)

Ingersoll (Ingersoll - South) has 5 Fraser Institute–rated schools (4 elementary and 1 secondary), averaging 5.4/10.

Rated schools
5
Elementary
4
Secondary
1
Average rating
5.4 / 10

Top-rated schools in Ingersoll (Ingersoll - South)

  • Princess Anne — elementary, IngersollFraser rating 6.4/10
  • St Jude's — elementary, IngersollFraser rating 6.0/10
  • Harris Heights — elementary, IngersollFraser rating 5.4/10
  • Ingersoll District — secondary, IngersollFraser rating 5.3/10
  • Laurie Hawkins — elementary, IngersollFraser rating 3.9/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 217-219 MERRITT STREET