126 KING Street, Ingersoll, ON

$629,000
MLS#:X10745021
5 beds
3 baths
2500-3000 sqft
9.0 parking
Residential Freehold
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Property no longer active

This property was sold on October 16, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Ingersoll - South. Expertly crafted featuring premium vinyl siding and brick construction, this residence presents an exceptional opportunity offered at $629,000 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 3 Bathrooms with 2 functional kitchens
  • Generous living space spanning 2500-3000 sqft on a premium 40 x 205 ft lot
  • Features a unfinished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 9.0 total parking spaces available
  • Notable attributes: Water Meter, Water Heater
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Do you love timeless Century homes but crave the comforts of modern living? This meticulously renovated gem nestled on a deep 205’ lot might be the perfect match for you! With a blend of classic charm &contemporary updates, this legal duplex offers undeniable allure plus a solid investment opportunity with income from 1 or 2 units. Consider occupying the stunning 1784 sf main house with the apartment as a mortgage helper or suite for family? Step inside to discover an impressive 2+1 bdrm, 2 bath main house. The remodeled open kitchen is a culinary haven, complete with an abundance of custom cabinetry, butler’s pantry, sleek concrete counters, gas range & welcoming island. An enclosed 3 season porch beckons you to relax &the functional mudroom is smart space! The main floor exudes warmth & elegance with soaring ceilings, deep moldings, hardwood & original coal fireplace (decorative) in the living rm. The cozy den/bedrm with Murphy bed, stylish 3-pce bath & laundry rm add to the main level's appeal. Upstairs, the character continues in 2bdrms & a 3-pce bath with slate & pine plank floors plus exposed brick. Did we mention, the recently refreshed front porch & front door adding to the curb appeal, providing a perfect spot to enjoy the neighborhood ambiance? But there’s more! An added bonus is the 2 bdrm apartment, perfect for generating extra income or accommodating extended family. Enter the sep. front entrance & head up to find lots of natural light, a kitchen, laundry, living area & updated bath. This private unit also has original character: 18”baseboards, pine floors & high ceilings. Updates abound: newer shingles, eaves, soffit, windows, furnace2024, some electrical, insulation & plumbing. Ample parking with space for up to 9 vehicles, ensuring convenience for residents & guests. An easy stroll to parks, trails, rec centers, downtown dining/shopping &Royal Roads P.S. Stretch your home ownership dollars, invest in a home that truly stands the test of time!

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Property Summary

This detached home located at 126 KING Street, Ingersoll is currently for sale and has been available on SousaSells for 679 days. This property is listed at $629,000 with an estimated mortgage of $2,094* per month. It has 5 beds, 3 bathrooms, and is 2500-3000 square feet. 126 KING 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
3
Kitchens
2
Living Area
2500-3000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date9/5/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionVinyl Siding, Brick
BasementUnfinished, Full
Lot Size40 × 205 Feet
CountyOxford
Annual Tax$3,696.98
Legal DescriptionPT LT 10 S/S KING ST, 241 N/S CON LINE ST BLK 54 PL 279 AS IN 447096; INGERSOLL

Parking & Garage

Parking Spaces9.0
Garage Spaces9
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Golf, Hospital

Interior Features

Water Meter, Water Heater

Security Features

Carbon Monoxide Detectors, Smoke Detector

Community Features

Location

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126 KING 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 126 KING Street E, Ingersoll, ON N5C 1G9

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$188,700 (30.0%)
* Minimum Canadian down payment required for this price is $37,900.
Amortization Period30 Years
Estimated Monthly Payment$2,094Based on a loan of $440,300 over 30 years.
Purchase Price$629,000
Loan Amount$440,300
Provincial Land Transfer Tax:$9,055
Total Estimated Closing Taxes:$9,055

About Purchasing a Home in Ingersoll, ON

For a property listed at $629,000 in Ingersoll, the legal minimum down payment is $37,900 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 $9,055 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 $9,055.

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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.