Primary photo of 87-93 NORTH TOWN LINE W, Ingersoll (Ingersoll - North)
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Business For Sale

$900,000

MLS® Number: X12904098

Bedrooms

6

Floor Area

800

87-93 NORTH TOWN LINE W, Ingersoll (Ingersoll - North), Ontario

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!

Property Details

Interior Details

Bedrooms Total

6

Cooling

Partially air conditioned

Heating

Baseboard heaters

Living Area

800 sqft

Land & Location

City Region

Ingersoll - North

Frontage Length

86.4 feet

Lot Size Dimensions

86.38 x 252 FT

Postal Code

N5C2S6

Listing & Financials

Listing Office

KELLER WILLIAMS INNOVATION REALTY

Originating System Name

Toronto Regional Real Estate Board

Other Specifications

Country

Canada

Parking Total

5

Mortgage Calculator

20% ($180,000)
5.5%
25 Years

Estimated Monthly Payment

$4,421

Principal and interest only. Actual rates may vary.

Location & Map

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