87 NORTH TOWN Line
Ingersoll, Ontario
10 bed • Multi-family
** 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!
Price History
Schools
Elementary
- Laurie Hawkins Public School0.6 km
Public · Thames Valley DSB · 545 students
Grade 3 reading: 58% met the provincial standard · Grade 6 math: 25% met the provincial standard
- Royal Roads Public School2.3 km
Public · Thames Valley DSB · 400 students
Grade 3 reading: 70% met the provincial standard · Grade 6 math: 63% met the provincial standard
- Harrisfield Public School2.9 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 Institute0.9 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
- $557,000
- Homes sold
- 179
- Median days on market
- 24
- Sale-to-list price
- 97.9%
Based on 179 recorded sales of multi-family properties in Ingersoll over the last 12 months.
Location
Mortgage Calculator
$180,000
Estimated Monthly Payment
$4,421
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $4,421/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $225/mo
Estimates only. Consult a financial advisor.
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