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119 CARROLL Street

119 CARROLL Street

Ingersoll, Ontario

  • 8 bed
  • 4 bath
  • Multi-family
$650,000

Fully occupied fourplex offering steady income, flexibility, and long term upside in a central Ingersoll location. This well maintained property features one dedicated parking space per unit at the rear, practical layouts, and a solid history of care with documented capital improvements. Each unit is currently tenanted, providing immediate and consistent rental income for investors seeking a turnkey opportunity with minimal vacancy risk. The unit at 100 Cherry Street offers a two bedroom layout with a kitchen, four piece bathroom, generous closet space, and elevated front access, creating a comfortable and functional living space. The unit at 100A Cherry Street features three bedrooms, a kitchen, living room, three piece bathroom, storage area, and laundry hookups, making it well suited for 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 efficient use of space and strong functionality. The unit at 119 Carroll Street includes 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 ease of management and long term ownership. With all units occupied, this property provides stable cash flow and appeals to investors or multi generational buyers looking for a reliable income producing asset in a growing community.

Price History

Schools

Elementary

  • Royal Roads Public School0.6 km

    Public · Thames Valley DSB · 400 students

    Grade 3 reading: 70% met the provincial standard · Grade 6 math: 63% met the provincial standard

  • Laurie Hawkins Public School1.1 km

    Public · Thames Valley DSB · 545 students

    Grade 3 reading: 58% met the provincial standard · Grade 6 math: 25% met the provincial standard

  • Harrisfield Public School1.3 km

    Public · Thames Valley DSB · 615 students

    Grade 3 reading: 54% met the provincial standard · Grade 6 math: 50% met the provincial standard

Secondary

  • Ingersoll District Collegiate Institute0.8 km

    Public · Thames Valley DSB · 895 students

    Grade 10 literacy: 74% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area N5C

Population
15,721
Private dwellings
6,382
Median age
41.2
Average household size
2.5
Median household income
$89,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Multi-family in Ingersoll · last 12 months

Median sold price
$553,008
Homes sold
180
Median days on market
24
Sale-to-list price
97.9%

Based on 180 recorded sales of multi-family properties in Ingersoll over the last 12 months.

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$130,000

Estimated Monthly Payment

$3,193

Land transfer tax

Estimated land transfer tax$9,475

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $3,193/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $163/mo

Estimates only. Consult a financial advisor.

R

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