230 CHERRY Street, Ingersoll, ON

$499,900
MLS#:X11892570
2 beds
2 baths
2000-2500 sqft
4.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow-Raised att/row/townhouse located in the coveted neighborhood of Ingersoll - South. Expertly crafted featuring premium brick 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.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 2000-2500 sqft
  • Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient attached configuration
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to 230 Cherry Street...this one will check off some of your needs and wants! This lovely home is located on a peaceful cul de sac with no through traffic...it offers comfort, convenience and many significant updates. The main level/entry level is very welcoming and spacious...it has just been updated with new flooring, and a practical feature wall that is the perfect space for hanging your coats and accessories once inside. The cozy family room is an excellent entertaining space, and is a space that offers a 3 piece bathroom only steps away. The utility/storage room will not leave you feeling cramped for space as there is ample room for your extras here. This level also allows for inside access from the attached garage. Upstairs you will find a lovely open concept kitchen/dining/living room area. The kitchen features ample cabinetry, generous counter space for meal prepping, and a central island that serves as a stylish conversation piece and sitting area...all appliances are included. Laundry is conveniently tucked into a closet on this level for easy access, and convenience. 2 spacious bedrooms, and a 4 piece bathroom complete the upper level. A door from the kitchen leads to the backyard and deck area, allowing for plenty of natural light and outdoor enjoyment. Notable recent updates include: Furnace, A/C, and Tankless Water Heater all replaced in 2022, Roof Shingles 2020 (all homes in this section have updated shingles), Rental Water Softener 2023, brand new carpeting in the bedrooms, stairs, and new vinyl flooring in the foyer at the front door. Minimal exterior maintenance as the backyard is artificial turf, making it a breeze to care for. Sounds pretty perfect, and it's move in ready waiting for you to just unpack and enjoy! All meas. taken from iguide and from public records. Don't delay, this one is a sweetheart!

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Property Summary

This townhouse located at 230 CHERRY Street, Ingersoll is currently for sale and has been available on SousaSells for 580 days. This property is listed at $499,900 with an estimated mortgage of $1,664* per month. It has 2 beds, 2 bathrooms, and is 2000-2500 square feet. 230 CHERRY 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
2
Bathrooms
2
Kitchens
1
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date12/13/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeAtt/Row/Townhouse
Architectural StyleBungalow-Raised
ConstructionBrick
BasementFinished, Full
CountyOxford
Annual Tax$3,376
Legal DescriptionPART OF BLOCK 3, PLAN 41M230; DESIGNATED AS PART 8, 41R8078 ; INGERSOLL

Parking & Garage

Parking Spaces4.0
Garage Spaces3
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Golf, Hospital

Interior Features

Security Features

Community Features

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Location

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230 CHERRY 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 230 CHERRY Street, Ingersoll, ON N5C 1J2

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$149,970 (30.0%)
* Minimum Canadian down payment required for this price is $24,995.
Amortization Period30 Years
Estimated Monthly Payment$1,664Based on a loan of $349,930 over 30 years.
Purchase Price$499,900
Loan Amount$349,930
Provincial Land Transfer Tax:$6,473
Total Estimated Closing Taxes:$6,473

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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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.