256 Oxford Street Ingersoll, Ontario N5C 2W1

23 Bedroom 12 Bathroom 5,000 - 100,000 ft2
None Radiant Heat Landscaped

$2,199,900

Rare Opportunity - Entire 12-Unit Registered Condominium Block for Sale! Well-maintained three-story solid brick building situated on approximately 0.717 acres, offering roughly 15,000 sq. ft. of rentable area. The property features eleven (11) two-bedroom apartments and one (1) one-bedroom apartment, each with kitchen and bathroom, along with on-site parking and mailboxes. Ideally located close to supermarkets, amenities, parks, recreational facilities, hospital, and with convenient access to Highway 401, providing strong tenant appeal and a diverse tenant mix. The building has seen several capital improvements including newer windows (approx. 15 years), updated exterior doors, and a roof replacement approximately 7 years ago. Two boilers service the property. Consisting of twelve (12) individually registered condominium units under Oxford Standard Condominium Corporation No. 100, offered together as a bulk sale. Currently ten (10) units are tenant-occupied with two (2) vacant, offering immediate income and upside potential. Condo corporation is owner-managed with minimal operations and no regular monthly condo fees collected. Majority of tenants are long-term residents. This asset presents stable in-place income with significant value-add potential for savvy investors seeking long-term growth or repositioning opportunities in a developing market. Measurements, taxes, and financial information are approximate and subject to independent confirmation. Property sold as a package Only. (id:15069)

Property Details

MLS® Number X12814138
Property Type Single Family
Community Name Ingersoll - South
Amenities Near By Park
Community Features Pets Allowed With Restrictions, School Bus
Features Irregular Lot Size, Balcony, Laundry- Coin Operated
Parking Space Total 11
Structure Porch
View Type City View

Building

Bathroom Total 12
Bedrooms Above Ground 23
Bedrooms Total 23
Age 51 To 99 Years
Appliances Water Heater, Water Meter, Dryer, Washer
Basement Type None
Cooling Type None
Exterior Finish Brick
Foundation Type Block
Heating Fuel Natural Gas
Heating Type Radiant Heat
Size Interior 5,000 - 100,000 Ft2
Type Apartment

Parking

No Garage

Land

Acreage No
Land Amenities Park
Landscape Features Landscaped
Zoning Description R3-9

https://www.realtor.ca/real-estate/29392115/256-oxford-street-ingersoll-ingersoll-south-ingersoll-south

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