217-219 Merritt Street, Ingersoll, ON
Property Highlights
Welcome to this remarkable 1 1/2 Storey duplex located in the coveted neighborhood of South. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $499,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 6 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 73 x 132 ft lot
- Features a walk-up basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: None
- equipped with other central cooling and highly efficient forced air heating via gas
Description
LIVE IN ONE & LET THE OTHER HELP PAY THE MORTGAGE! Investors, first-time buyers and savvy buyers take note - this is a rare opportunity to own TWO SEMI-DETACHED HOMES UNDER ONE TITLE in a quiet Ingersoll neighbourhood. This is not your traditional duplex; it is two separate semi-detached homes being offered together, creating a unique opportunity for an owner-occupant or investor. Even better, the home was lifted and placed on a new foundation, adding valuable peace of mind and future potential. Both units feature basements with separate entrances, providing excellent space for storage today and exciting possibilities for future development. Live in one home and rent the other, creating the potential for rental income to help offset your mortgage and carrying costs. Investors can add two dwellings to their portfolio with one purchase, while first-time buyers can have a tenant help contribute toward the cost of home ownership. Both homes have been well maintained with newer furnaces, newer roof, and are located in a quiet area within walking distance to downtown, schools, parks and Ingersoll's scenic walking trails. Enjoy a convenient location close to everyday amenities while still tucked away in a peaceful neighbourhood setting. Both homes have their own private drive & partially fenced yards. Two homes. One title. New foundation. Walkout basements. Multiple possibilities. Whether you're looking for your first home, your next investment or a smart way to make home ownership more affordable, this is an opportunity that deserves a closer look.
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Property Summary
This duplex located at 217-219 Merritt Street, Ingersoll is currently for sale and has been available on SousaSells for 0 days. This property is listed at $499,900 with an estimated mortgage of $1,664* per month. It has 6 beds, 2 bathrooms, and is 2000-2500 square feet. 217-219 Merritt Street, Ingersoll is in the South neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 6 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in South, Ingersoll.
- •6 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •2000-2500 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in South, Ingersoll.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Library
- Place Of Worship
- Rec./Commun.Centre
- Part Cleared
- River/Stream
- School
Interior Features
- None
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 217-219 Merritt Street, Ingersoll, ON
Q.What is the asking price for 217-219 Merritt Street, Ingersoll, ON ?
The current listing price for 217-219 Merritt Street, Ingersoll, ON in South, Ingersoll is $499,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 6 bedrooms and 2 bathrooms across approximately 2000-2500 sqft.
Q.What property type and architectural style is 217-219 Merritt Street, Ingersoll, ON ?
217-219 Merritt Street, Ingersoll, ON is a Duplex (1 1/2 Storey) featuring a Walk-Up basement.
Q.What key property features does 217-219 Merritt Street, Ingersoll, ON offer?
Key property features include: Library, Place Of Worship, Rec./Commun.Centre, Part Cleared, River/Stream, School.
Q.What interior features are included in this home?
Interior highlights include: None.
Q.Is parking available at this property?
Yes, this property offers parking space for 4.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Other.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
South, Ingersoll
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 217-219 Merritt Street, Ingersoll, ON N5C 3A4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Ingersoll, ON
For a property listed at $499,900 in Ingersoll, the legal minimum down payment is $24,995 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $6,473 for this transaction. As this listing is in Ingersoll (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $6,473.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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