87-93 North Town Line W Ingersoll, Ontario N5C 2S6
$900,000
** 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:47351)
Property Details
| MLS® Number | X12904098 |
| Property Type | Business |
| Community Name | Ingersoll - North |
| Equipment Type | Water Heater |
| Parking Space Total | 5 |
| Rental Equipment Type | Water Heater |
Building
| Bedrooms Total | 6 |
| Cooling Type | Partially Air Conditioned |
| Heating Type | Baseboard Heaters |
| Size Interior | 800 Ft2 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 252 Ft |
| Size Frontage | 86 Ft ,4 In |
| Size Irregular | 86.38 X 252 Ft |
| Size Total Text | 86.38 X 252 Ft |
| Zoning Description | R1 |
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March 20 2026 06:14:52
Toronto Regional Real Estate Board
Keller Williams Innovation Realty