131-133 CHERRY STREET, Ingersoll, Ontario, N5C 1H8

MLS® # X8482444

new listing

House For Sale In Ingersoll, Ontario

$624,900 QuickQuote^TM: $549K - $736K

7 Beds

4 Baths

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131-133 Cherry Street - 131-133 Cherry Street, Ingersoll, ON - Outdoor With Facade

Double garage with inside access to 133A - 131-133 Cherry Street, Ingersoll, ON - Outdoor

131-133 Cherry Street, Ingersoll, ON - Outdoor With Facade

Upper 131B & 133B:dedicated entrances & porches - 131-133 Cherry Street, Ingersoll, ON - Outdoor

133A: Foyer of the 3 Bedroom, main floor unit - 131-133 Cherry Street, Ingersoll, ON - Indoor Photo Showing Other Room

133A: Living room - 131-133 Cherry Street, Ingersoll, ON - Indoor Photo Showing Living Room

133A - 131-133 Cherry Street, Ingersoll, ON - Indoor

133A: eat-in kitchen - 131-133 Cherry Street, Ingersoll, ON - Indoor Photo Showing Kitchen With Double Sink

133A: Laundry/mudroom with access to deck. - 131-133 Cherry Street, Ingersoll, ON - Indoor Photo Showing Laundry Room

133A: Bedroom 1 - 131-133 Cherry Street, Ingersoll, ON - Indoor Photo Showing Bedroom

133A: Bedroom 2 - 131-133 Cherry Street, Ingersoll, ON - Indoor Photo Showing Bedroom

133A - 131-133 Cherry Street, Ingersoll, ON - Indoor Photo Showing Bedroom

133A: Bedroom 3/Den - 131-133 Cherry Street, Ingersoll, ON - Indoor

Upper apartment 131B has a main floor foyer - 131-133 Cherry Street, Ingersoll, ON - Indoor Photo Showing Other Room

Stairs leading up to 131B - 131-133 Cherry Street, Ingersoll, ON - Indoor

131B: Living room - 131-133 Cherry Street, Ingersoll, ON - Indoor Photo Showing Bedroom

131B: Kitchen - 131-133 Cherry Street, Ingersoll, ON - Indoor

133A: 2nd exit and access to deck and yard. - 131-133 Cherry Street, Ingersoll, ON - Indoor Photo Showing Other Room

133A: 4-piece bathroom - 131-133 Cherry Street, Ingersoll, ON - Indoor

131A: private deck - 131-133 Cherry Street, Ingersoll, ON - Outdoor With Deck Patio Veranda With Exterior

131-133 Cherry Street, Ingersoll, ON - Outdoor With Backyard

Main Flr 131A: 2 bedrooms, private deck & entrance - 131-133 Cherry Street, Ingersoll, ON - Outdoor With Deck Patio Veranda With Exterior

131-133 Cherry Street, Ingersoll, ON - Outdoor With Deck Patio Veranda

131-133 Cherry Street, Ingersoll, ON - Outdoor With Above Ground Pool With Exterior

131-133 Cherry Street, Ingersoll, ON - Outdoor

131A: 2 bedroom - 131-133 Cherry Street, Ingersoll, ON - Other

131B: 1 bedroom - 131-133 Cherry Street, Ingersoll, ON - Other

133A: 3 bedroom with double car garage - 131-133 Cherry Street, Ingersoll, ON - Other

133B: 1 bedroom - 131-133 Cherry Street, Ingersoll, ON - Other

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131-133 CHERRY STREET, Ingersoll, Ontario, N5C 1H8

$624,900

7 Beds

4 Baths

Property Information:

It's A Money Maker! This fully leased 4-plex offers a solid investment opportunity with a 5.5% CAP rate (at current income & expenses) as well as solid tenancies. Over 3,000 square feet above grade, low maintenance and located in a quiet, established South Ingersoll neighborhood. Easy access to the 401 & walking distance to downtown, shopping and schools. TWO 1-Bedroom units upstairs: each has a ground level porch/patio and spacious ground level entries/foyers. You'll find a spacious 2-bedroom main floor apartment at the west end of the building. The 2 bedroom unit has on site parking, a fenced yard, deck and functional laundry/mud room. The main floor 3-bedroom apartment, at the east end of the building, has a rare attached double garage with inside access. This apartment is open and bright, has a dedicated laundry/mud room, it's a deck in in the good sized back yard. Consider owner occupying one unit. No rental equipment, 4 separate hydro meters, and tenants pay their own gas and hydro. Act now to secure this great investment opportunity with positive cash flow. 24-48 hours notice appreciated for showings. **** EXTRAS **** From PropertyLine report: 3,004 above grade (main 1,952 sqft and 2nd floor 1,052 sqft). (id:27)

Building Features:

Style: Multiplex
Building Type: Fourplex
Amenities: Separate Heating Controls, Separate Hydro Meters
Basement Development: Unfinished
Basement Type: Full
Exterior Finish: Aluminum siding
Foundation Type: Stone
Heating Type: Forced air
Heating Fuel: Natural gas
Appliances: Dryer, Garage door opener, Refrigerator, Stove, Two stoves

Property Features:

Property Type: Single Family
Bedrooms: 7
Bathrooms: 4
Amenities Nearby: Hospital, Park
Community Features: Community Centre
Irregular: Yes
Lot Depth: 68.0 Feet
Lot Frontage: 132.0 Feet
Lot Size: 132 x 68 FT
Structure Type: Deck, Patio(s), Porch
Utility Type: Cable - Available, Sewer - Installed
Zoning: R2
Sewer: Sanitary sewer
Parking Type: Attached garage
No. of Parking Spaces: 6

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Notes:

Lori Goldhawk

Sales Representative Royal LePage Triland Realty , Brokerage*

Direct 519.485.2227

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Lisa Ross

Sales Representative Royal LePage Triland Realty , Brokerage*

Mobile:519.872.7924

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QuickQuote^TM

Approximate value for 7 bed, 4 bath house in this area is:

List Price
below Estimate List Price
above Estimate

$624,900

List Price

$548,686

$735,738

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High Estimate

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Market Price Trends

Location of 131-133 CHERRY STREET, Ingersoll, Ontario, N5C 1H8

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: High

35 hot days expected in 2050

Projected Storm Risk: Very High

14 storms expected in 2050

Projected Heat Risk: High

35 hot days expected in 2050

55/100

High

ClimateCheck®

Current data

This property, 131-133 CHERRY STREET , experiences 7 hot days per year at around 30.9 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 35 hot days at 34.4 degrees Celsius.

Projected Avg. Temperature

Past

30.9℃

2050

34.4℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk:

14 storms expected in 2050

65/100

ClimateCheck®

Current data

This property, 131-133 CHERRY STREET , experiences 11 significant 2-day storms per year, with about 332.9mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 408.9mm of precipitation per year.

Precipitation Per Storm

Past

332.9mm

2050

408.9mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 131-133 CHERRY STREET, Ingersoll, Ontario, N5C 1H8

Life Stage

Older Parents, Younger Kids

Employment Type

Mixed

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 %

Own Vs. Rent

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131-133 CHERRY STREET, Ingersoll, Ontario, N5C 1H8 $624,900 MLS® # X8482444

Property Information:

Building Features:

Property Features:

Market Price Trends

Location of 131-133 CHERRY STREET, Ingersoll, Ontario, N5C 1H8

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 131-133 CHERRY STREET, Ingersoll, Ontario, N5C 1H8

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

131-133 CHERRY STREET, Ingersoll, Ontario, N5C 1H8

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