116 Charles Street, Ingersoll, ON

$599,000
MLS#:X12207409
5 beds
2 baths
1500-2000 sqft
7.0 parking
Residential Freehold
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Property no longer active

This property was sold on July 3, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Ingersoll - South. Expertly crafted featuring premium brick and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $599,000 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.

  • 5 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Generous living space spanning 1500-2000 sqft on a premium 72.5 x 158.23 ft lot
  • Features a walk-out, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 7.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Central Vacuum, In-Law Capability, Primary Bedroom - Main Floor
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Never before on the market! This one-owner ranch-style home, built in 1986, offers 1,850 square feet of main floor living in the heart of Ingersoll. With 3+2 bedrooms, 2 full baths, and a basement that is nearly its own unit: this is the ultimate blend of flexibility and location. Step inside and you'll find a spacious layout, oversized windows, and an attached 2 car heated garage with walk down access to the basement. The basement has 9 foot ceilings, egress windows, laundry, and a kitchenette: ideal for an in-law suite or a solid mortgage hack. Just add your finishing touches and unlock its full potential. Set in a well established neighborhood and surrounded by everything you need: walk to local trails, downtown shops, LCBO, or the grocery store. You are minutes from CAMI, TMMC- only 15 minutes to Woodstock or 20 min to London. Whether you are investing, multi-generational living, or just stretching your budget with some rental income, this one checks all the boxes.

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Property Summary

This detached home located at 116 Charles Street, Ingersoll is currently for sale and has been available on SousaSells for 403 days. This property is listed at $599,000 with an estimated mortgage of $1,994* per month. It has 5 beds, 2 bathrooms, and is 1500-2000 square feet. 116 Charles Street, Ingersoll is in the Ingersoll - South neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
5
Bathrooms
2
Kitchens
2
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 3, 2025
Sold price information is available to members only
Listed Date6/9/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick, Stucco (Plaster)
BasementWalk-Out, Full
Lot Size72.5 × 158.23 Feet
CountyOxford
Annual Tax$4,443
Legal DescriptionPT LT 16A N/S CHARLES ST BLK 1 PL 279 AS IN 252441; INGERSOLL

Parking & Garage

Parking Spaces7.0
Garage Spaces5
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Central Vacuum, In-Law Capability, Primary Bedroom - Main Floor, Water Heater Owned, Workbench

Security Features

Community Features

Location

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116 Charles Street, Ingersoll, ON
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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 116 Charles Street W, Ingersoll, ON N5C 2L8

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Ingersoll.

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Interest Rate4.00%
Down Payment$179,700 (30.0%)
* Minimum Canadian down payment required for this price is $34,900.
Amortization Period30 Years
Estimated Monthly Payment$1,994Based on a loan of $419,300 over 30 years.
Purchase Price$599,000
Loan Amount$419,300
Provincial Land Transfer Tax:$8,455
Total Estimated Closing Taxes:$8,455

About Purchasing a Home in Ingersoll, ON

For a property listed at $599,000 in Ingersoll, the legal minimum down payment is $34,900 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 $8,455 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 $8,455.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Ingersoll - South, Ingersoll.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$656,605

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

St Jude's
Public30 Caffyn Street, Ingersoll, Ontario, N5C 3T9
6.0
Laurie Hawkins
Public156 Innes Street, Ingersoll, Ontario, N5C 2R8
3.9

Secondary Schools

Ingersoll District
Public37 Alma Street, Ingersoll, Ontario, N5C 1N1
5.3

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.