Gurvinder Nokwal REALTOR®
For Sale Fourplex 89 days on market

$625,000 ↓ $25,000 from $650,000

Est. payment $2,767/moCalculate yours

119 Carroll Street, Ingersoll, ON N5C 1W3

Ingersoll - South, Ingersoll, ON N5C 1W3

  • 8 Beds
  • 4 Baths
  • 3,000 Sq Ft
Map

Listing courtesy of Century 21 Heritage House Ltd Brokerage MLS® X13592904

About this home

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.

Property details

Overview

Property Type
Fourplex
Style
2-Storey
For
For Sale
Status
Sold Conditional
Size
3,000 sqft

Interior

Bedrooms
8
Bathrooms
4
Kitchens
4
Basement
Full, Unfinished

Building & Systems

Heating
Radiant (Gas)
Cooling
None
Exterior
Brick
Foundation
Stone, Other
Roof
Shingles
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
93 x 91 Feet
Parking
None garage · 6 total
Zoning
R1

Financial

Property Taxes
$5,911 (2025)

Location

Neighbourhood
Ingersoll - South
Cross Street
Cherry Street / Carroll Street
Direction Faces
North

Listing

MLS® Number
X13592904
Days on Market
89
Listed On
2026-07-21
Possession
Flexible
Listed By
Century 21 Heritage House Ltd Brokerage

Features

Interior

  • Other

Property

  • Hospital
  • School

Pool

  • None
Included
Refrigerator and Stove

Mortgage calculator

Minimum for this price: $37,500 (6%)

Amortization, years

Estimated mortgage payment

$2,767 per month

Principal and interest
$2,767
Property tax
$493
Estimated monthly cost
$3,260

Your mortgage

Mortgage amount
$500,000
Mortgage insurance
Not needed
Interest over 25 years
$330,209

Cash to close

Down payment
$125,000
Land transfer tax
$8,975
Total, before legal fees
$133,975
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

119 Carroll Street, Ingersoll, ON N5C 1W3 Ingersoll - South, Ingersoll, ON N5C 1W3
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$625,000 119 Carroll Street, Ingersoll, ON N5C 1W3
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