87-93 NORTH TOWN Line W

About this home

** 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!

Details

Type

Investment

Lot

86.38 × 252 ft

Garage

Visitor

Kitchens

0

Property tax

$3,781 (2025)

Neighbourhood

Ingersoll - North

Municipality

Ingersoll

Heating, cooling and services

Heating

Baseboard

Air conditioning

Partial

Utilities

Yes

Building and exterior

Building area

800 Square Feet

More

Possession

flexible

Cross street

NORTH ON THAMES ST, TURN LEFT