87-93 NORTH TOWN Line W

Ingersoll - North, Ingersoll · MLS® 40813629

105

800 sq ft · House · Multi-family · built 1945 · 218 days on market

listed by ROY CLEEVES, Keller Williams Innovation Realty

realtor's description

** 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

type: House, Multi-family
bedrooms: 10
living area: 800 sq ft
parking: 5
year built: 1945
property tax: $3,781 / yr
days on market: 218
MLS®: 40813629

features

Crushed stone driveway
Shared Driveway

monthly cost

$4,236/mo

Mortgage $3,921 · Tax $315

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$3,921/ monthly

loan $720,000

25-year amortization

down payment20% · $180,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $456,364
cash to close: $180,000; down payment; transfer tax and fees not included
total paid: $1,176,364

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.