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$949,900
Available - For Sale
Listing ID: X12893270
Prime redevelopment opportunity on a high-exposure corner lot with two major road frontages, zoned Highway Commercial (HC), offering exceptional potential along a major corridor just minutes from Highway 401. This well-maintained 3-bedroom home sits on a spacious corner lot with two road frontages, offering exceptional visibility and easy access from multiple directions. Ideal for families, investors, or those seeking a live/work opportunity, the home features a functional layout with bright principal rooms, a spacious kitchen, and comfortable living areas-perfect for immediate occupancy or rental income.Zoned Highway Commercial (HC) under the Town of Ingersoll's Zoning By-law 04-4160, this property offers incredible redevelopment potential along a high-traffic corridor just minutes from Highway 401. The HC zoning allows for a wide range of uses including restaurant or drive-thru, gas station, car dealership, retail, service shop, motel, and more, making it ideal for future commercial development.The large lot supports ample building footprint, parking, and excellent traffic flow, while dual frontages provide superior exposure and signage opportunities-perfect for high-visibility businesses. The existing home can continue as a legal use in the interim or be incorporated into future plans.A rare opportunity to secure a versatile property with strong income potential today and exceptional long-term upside. Flexible possession available. Don't miss this unique blend of residential comfort and commercial opportunity! *Opportunity for vendor take-back financing available.
Price $949,900
Taxes: $3,013
Tax Type: Annual
Assessment Year: 2025
Occupancy by: Vacant
Address: 407 Bell Street , Ingersoll, N5C 2P7, Oxford
Postal Code: N5C 2P7
Province/State: Oxford
Legal Description: PT PARKLT 18 BLK 98 PL 279 AS IN 330563;
Directions/Cross Streets: Ingersoll St. North
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Category: Accommodation
Building Percentage: T
Total Area: 1,235
Total Area Code:  Square Feet
Maintenance: 0
Outside Storage: T
Heat Type: Electric Forced Air
Central Air Conditioning: Yes
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
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Income Required $ $ $ $

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RE/MAX GARDEN CITY REALTY INC.

407 Bell Street , Ingersoll, N5C 2P7, Oxford

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Maria Tompson
Sales Representative
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416-548-7854
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Fax:
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At a Glance:
Type: Com - Investment
Area: Oxford
Municipality: Ingersoll
Neighbourhood: Ingersoll - North
Style:
Lot Size: x 113.08(Feet)
Approximate Age:
Tax: $3,013
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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Personal Pic Maria Tompson Sales Representative Re/Max Example Inc, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
Personal Picture
Maria Tompson
Sales Representative
Re/Max Example Inc, Brokerage
Independently owned and operated.
support@bestforagents.com

 

 

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