117 Melita Street, Ingersoll, ON

$499,999
MLS#:X10908373
3 beds
3 baths
8.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Ingersoll - South. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $499,999 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.

  • 3 Bedrooms and 3 Bathrooms
  • Premium 50.5 x 120 ft lot size
  • Features a partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 8.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Air Exchanger
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Charming family home with oversized garage in desirable neighbourhood, close to the 401. This 3-bedroom, 3-bathroom home is nestled in one of the most sought-after neighbourhoods in Ingersoll, offering a prime location with easy access to local amenities, parks, and top-rated schools. As you step inside, youre greeted by a spacious living area that invites natural light, creating a warm andwelcoming atmosphere. The kitchen features ample counter space and cabinetry, making it an ideal canvas for your personal touch. Themaster suite boasts an en-suite bathroom and generous closet space, providing a peaceful retreat at the end of the day. Two additionalbedrooms offer versatility for guests, a home office, or a growing family. The oversized custom garage that was added is perfect for aworkshop as it has its own sub panel and plenty of space to park vehicles. Step outside to a private backyard, where you can envisionsummer barbecues and serene evenings under the stars. The property also benefits from a friendly neighborhood atmosphere, complete withtree-lined streets and community parks just a stones throw away. This home is perfect for those looking to invest in a property with greatbones and the opportunity to add their personal flair. Dont miss out on this rare opportunity to own a piece of paradise in a thrivingcommunity! Schedule your showing today and start envisioning the possibilities!

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Property Summary

This detached home located at 117 Melita Street, Ingersoll is currently for sale and has been available on SousaSells for 598 days. This property is listed at $499,999 with an estimated mortgage of $1,664* per month. It has 3 beds, 3 bathrooms, and is unknown square feet. 117 Melita 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
3
Bathrooms
3
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateDecember 13, 2024
Sold price information is available to members only
Listed Date11/25/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionBrick, Vinyl Siding
BasementPartially Finished
Lot Size50.5 × 120 Feet
CountyOxford
Annual Tax$3,375.89
Legal DescriptionLOT 104, PLAN M-45

Parking & Garage

Parking Spaces8.0
Garage Spaces6
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Air Exchanger

Security Features

Community Features

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Location

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117 Melita 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 117 Melita Street N, Ingersoll, ON N5C 3T2

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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$150,000 (30.0%)
* Minimum Canadian down payment required for this price is $25,000.
Amortization Period30 Years
Estimated Monthly Payment$1,664Based on a loan of $349,999 over 30 years.
Purchase Price$499,999
Loan Amount$349,999
Provincial Land Transfer Tax:$6,475
Total Estimated Closing Taxes:$6,475

About Purchasing a Home in Ingersoll, ON

For a property listed at $499,999 in Ingersoll, the legal minimum down payment is $25,000 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 $6,475 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 $6,475.

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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.