148 Merritt Street, Ingersoll, ON

$569,900
MLS#:X12242732
3 beds
2 baths
1100-1500 sqft
8.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Ingersoll - South. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $569,900 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.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 72 x 118 ft lot
  • Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 8.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Water Softener
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Were proud to present this lovingly updated century home in the heart of Ingersoll one which is nestled on a peaceful street just moments from downtown, parks, and trails. Its a home we think will certainly merritt a second look! Set on an impressively deep, west-facing lot with no immediate rear neighbours, 148 Merritt St. offers a rare blend of privacy, space, and charm, with ample parking for more than eight vehicles on a newly paved drive that leads up to a detached, two-tiered garage with power (ideal for hobbyists or extra storage). Step up to an updated front porch, perfect for leisurely moments, and enter through the beautiful woodgrain-style front door. Inside, youre welcomed by a stunning foyer adorned with decorative wallpaper, stylish new fixtures, and a cleverly tucked-away powder room beneath the original staircase. To the right, rich updated flooring carries you through the original pocket door into a cozy living room, featuring abundant custom millwork and a striking reclaimed yellow Ontario farmhouse brick fireplace complete with a new wood-burning insert. Double French-style pocket doors lead you into a generous dining room ready to host family and friends, which itself flows seamlessly into the updated kitchen with its quartz counters, stainless appliances, and timeless cabinetry. From the mudroom, step outside into your own private backyard oasis. Fully fenced and sun soaked, this serene space boasts a two-tiered deck, a spacious lawn ideal for kids or pups, and a woodshed ideal for keeping that firepit humming on cool summer evenings. Upstairs, you'll find three generously sized bedrooms, each with a walk-in closet, all sharing a beautifully renovated full bathroom. The primary bedroom also includes custom cabinetry to keep your wardrobe perfectly organized. With a newer durable steel roof, thoughtful updates throughout, and a layout that balances character with convenience, this home is truly move-in ready and sure to capture your heart.

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Property Summary

This detached home located at 148 Merritt Street, Ingersoll is currently for sale and has been available on SousaSells for 387 days. This property is listed at $569,900 with an estimated mortgage of $1,897* per month. It has 3 beds, 2 bathrooms, and is 1100-1500 square feet. 148 Merritt 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
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 11, 2025
Sold price information is available to members only
Listed Date6/24/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionAluminum Siding
BasementFull, Unfinished
Lot Size72 × 118 Feet
CountyOxford
Annual Tax$4,077
Legal DescriptionPT LT 134 BLK 18 PL 279 AS IN 418664; INGERSOLL

Parking & Garage

Parking Spaces8.0
Garage Spaces7
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Hospital, Park, Place Of Worship, Rec./Commun.Centre

Interior Features

Water Softener

Security Features

Community Features

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Location

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148 Merritt 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 148 Merritt Street, Ingersoll, ON N5C 3A3

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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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$170,970 (30.0%)
* Minimum Canadian down payment required for this price is $31,990.
Amortization Period30 Years
Estimated Monthly Payment$1,897Based on a loan of $398,930 over 30 years.
Purchase Price$569,900
Loan Amount$398,930
Provincial Land Transfer Tax:$7,873
Total Estimated Closing Taxes:$7,873

About Purchasing a Home in Ingersoll, ON

For a property listed at $569,900 in Ingersoll, the legal minimum down payment is $31,990 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 $7,873 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 $7,873.

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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.