Property Information:

Well-maintained fourplex offering flexibility, stable income, and future upside in a central Ingersoll location, with one dedicated parking space per unit at the rear, functional layouts, and documented capital improvements. The vacant unit at 100 Cherry Street features two bedrooms, a kitchen, a four-piece bathroom, generous closet space, and attractive high stair access, providing an excellent opportunity for an owner-occupant, extended family living, or leasing at market rent to a tenant of the buyer’s choosing. The unit at 100A Cherry Street is a three-bedroom layout offering a kitchen, living room, three-piece bathroom, storage area, and laundry hookups, creating a practical space well suited to long-term tenancy. The unit at 98 Cherry Street is a one-bedroom unit with a large eat-in kitchen, four-piece bathroom, closet space, porch, basement access, and a newer boiler, offering strong functionality and efficient use of space. The unit at 119 Carroll Street features two bedrooms, a spacious living room, kitchen, four-piece bathroom, ample closet space, basement access, a front porch, a newer boiler, and a private driveway with parking for two vehicles. Property updates include a newer roof completed in 2020, updated windows installed at time of purchase, four rented water heaters, and a well-documented expense profile, supporting long-term ownership and ease of management. This property presents multiple possibilities for investors, multi-generational buyers, or those seeking to live in one unit while generating income from the remaining units, with one vacant unit allowing immediate flexibility. (id:27)

Building Features:

Style: Multiplex
Building Type: Fourplex
Basement Development: Unfinished
Basement Type: Full
Exterior Finish: Brick
Floor Space: 3227 sqft
Foundation Type: Stone
Heating Type: Radiant heat
Heating Fuel: Natural gas
Cooling Type: None

Property Features:

OwnershipType: Freehold
Property Type: Multi-family
Bedrooms: 8
Bathrooms: 4
Amenities Nearby: Hospital, Schools, Shopping
Built in: 1875
Floor Space (approx): 3227 Square Feet
Lot Depth: 91 Feet
Lot Frontage: 93 Feet
Zoning: R1
Sewer: Municipal sewage system
Parking Type: Visitor parking, Open
No. of Parking Spaces: 6

Courtesy of: CENTURY 21 HERITAGE HOUSE LTD.

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Demographic Information of 119 CARROLL Street, Ingersoll, Ontario, N5C 1W3

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$111,309.20

Average Number of Children

1.78

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

20.31 %

High school certificate or equivalent

35.31 %

Apprenticeship trade certificate/diploma

7.04 %

College/non-university certificate

24.68 %

University certificate (below bachelor)

1.53 %

University Degree

11.12 %

Commuter

Travel To Work

By Car

91.61 %

By Public Transit

0.0 %

By Walking

3.34 %

By Bicycle

0.0 %

By Other Methods

5.05 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

10.24 %

Houses

89.76 %

119 CARROLL Street, Ingersoll, Ontario, N5C 1W3