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119 Carroll Street

119 Carroll Street

Ingersoll, ON

  • 8 bed
  • 4 bath
  • approx. 3000-3500 sqft
  • Fourplex
$625,000Price reduced 4%

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 3 units occupied, 1 unit will be vacant end of October, 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.

Listing Details

Taxes (2025)
$5,911
Originally Listed
$650,000
Listed
July 21, 2026

Price History

Listing history

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Property

Style
2-Storey
Construction
Brick
Roof
Shingles
Foundation
Stone, Other
Interior
Other
Lot Size
93 x 91 Feet

Parking

Garage
None
Covered Spaces
0
Total Parking
6

Utilities

Sewer
Sewer
Heat Source
Gas

Location & Legal

Cross Street
Cherry Street / Carroll Street
Zoning
R1
Parcel Number
001680069
Possession
Flexible
Occupancy
Tenant

Included

Inclusions
Refrigerator and Stove

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

  • Harrisfield Public School1.2 km

    Public · Thames Valley DSB · 615 students

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

  • Laurie Hawkins Public School1.2 km

    Public · Thames Valley DSB · 545 students

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

Residential Freehold in Ingersoll · last 12 months

Median sold price
$550,000
Homes sold
185
Median days on market
27
Sale-to-list price
97.6%

Based on 185 recorded sales of residential freehold properties in Ingersoll over the last 12 months.

Listed by

Century 21 Heritage House Ltd Brokerage

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$125,000

Estimated Monthly Payment

$3,070

Land transfer tax

Estimated land transfer tax$8,975

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: $3,070/mo (20% down, 5.5%)

Taxes: $493/mo · Insurance: $156/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

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Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions Each unit is currently tenanted, providing immediate and consistent rental income for investors seeking a turnkey opportunity with minimal vacancy risk.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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