$900,000
For sale: Other

** 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!
Sold data
Homes in Ingersoll (Ingersoll - North) took a median of 24 days to sell over the last 90 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 45, across 56 recorded sales.
The median sale price was $574,000.
Homes sold for about 2.1% below asking on average, so there was room to negotiate.
About 20% of sales closed above the list price.
Around 27% of sellers reduced their price before finding a buyer.
Based on 56 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
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.
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