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Home ON Ingersoll
256 OXFORD STREET
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256 OXFORD STREET $2,499,000
$2,499,000
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256 OXFORD STREET
Ingersoll, Ontario N5C2W1

MLS® Number: X9306734

Listing Description

Zero condo fee and free hold Neatly maintained 12-unit apartment complex located in the center of Ingersoll, Ontario. The building has eleven two-bedroom flats with a kitchen and bathroom, as well as one-bedroom unit with one bathroom, parking, and mailbox. Situated on a 0.717-acre property, the three-story building spans roughly 15,000 square feet. A varied tenant mix is ensured by the property's handy location close to supermarkets, amenities, parks, recreational spaces, and a hospital. It is also easily accessible via highway 401 and public transportation. This solid brick structure has had several inside renovations, such as new windows installed around 15 years ago, updated external doors, and a new roof put in about 6 years ago. There are two boilers on the premises. The property provides an important potential for additional value together with consistent gross revenue. For astute investors looking for a profitable venture in a developing sector with significant potential for greater returns and it represents an outstanding opportunity. The majority of tenants are long-term residents. (36690854)

Location Description

Oxford St & Ann St

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Land Size
105.9 x 297.86 FT ; 297.69 FT X 103.41 FT X297.86 FTX 1
Annual Property Taxes
$12,442
Total Parking Spaces
15
Time on REALTOR.ca
70 days

Building

Interior Features
Appliances Included
Dryer, Washer
Building Features
Features
Irregular lot size
Heating & Cooling
Heating Type
Hot water radiator heat
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Business
Business Type
Residential (Apartments)
Neighbourhood Features
Amenities Nearby
Public Transit
Parking
Total Parking Spaces
15

Measurements

Square Footage
1 ac

Land

Lot Features
Frontage
105 ft ,10 in
Land Depth
297 ft ,10 in
Other Property Information
Zoning Description
R3-9
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1

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