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Home ON Ingersoll
256 OXFORD STREET
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256 OXFORD STREET $2,199,900
2 days ago
$2,199,900
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256 OXFORD STREET
Ingersoll (Ingersoll - South), Ontario N5C2W1

MLS® Number: X12814138
23
Bedrooms
12
Bathrooms
5000 - 100000
Square Feet

Listing Description

Rare Opportunity - Entire 12-Unit Registered Condominium Block for Sale! Well-maintained three-story solid brick building situated on approximately 0.717 acres, offering roughly 15,000 sq. ft. of rentable area. The property features eleven (11) two-bedroom apartments and one (1) one-bedroom apartment, each with kitchen and bathroom, along with on-site parking and mailboxes. Ideally located close to supermarkets, amenities, parks, recreational facilities, hospital, and with convenient access to Highway 401, providing strong tenant appeal and a diverse tenant mix. The building has seen several capital improvements including newer windows (approx. 15 years), updated exterior doors, and a roof replacement approximately 7 years ago. Two boilers service the property. Consisting of twelve (12) individually registered condominium units under Oxford Standard Condominium Corporation No. 100, offered together as a bulk sale. Currently ten (10) units are tenant-occupied with two (2) vacant, offering immediate income and upside potential. Condo corporation is owner-managed with minimal operations and no regular monthly condo fees collected. Majority of tenants are long-term residents. This asset presents stable in-place income with significant value-add potential for savvy investors seeking long-term growth or repositioning opportunities in a developing market. Measurements, taxes, and financial information are approximate and subject to independent confirmation. Property sold as a package Only. (42206253)

Location Description

Oxford St & Ann St

Property Summary

Property Type
Single Family
Building Type
Apartment
Square Footage
5000 - 100000 sqft
Community Name
Ingersoll - South
Title
Condominium/Strata
Age Of Building
51 to 99 years
Annual Property Taxes
$11,114.67
Parking Type
No Garage
Time on REALTOR.ca
2 days

Building

Bedrooms
Above Grade
23
Bathrooms
Total
12
Interior Features
Appliances Included
Water Heater, Water meter, Dryer, Washer
Basement Type
None
Building Features
Features
Irregular lot size, Balcony, Laundry- Coin operated
Foundation Type
Block
Structures
Porch
Heating & Cooling
Cooling
None
Heating Type
Radiant heat (Natural gas)
Exterior Features
Exterior Finish
Brick
Neighbourhood Features
Community Features
Pets Allowed With Restrictions, School Bus
Amenities Nearby
Park
Maintenance or Condo Information
Maintenance Management Company
N/A
Parking
Parking Type
No Garage
Total Parking Spaces
11

Measurements

Square Footage
5000 - 100000 sqft

Land

Lot Features
Landscape Features
Landscaped
View
City view
Other Property Information
Zoning Description
R3-9
Data provided by: Woodstock Ingersoll Tillsonburg and Area Association of REALTORS® (WITAAR)
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