242 Alder Road, Ingersoll, ON
Property no longer active
This property was sold on April 28, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Backsplit 4 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 $674,999 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.
- 4 Bedrooms and 2 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 50 x 110 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Sump Pump, Water Softener
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
SUPERIOR location! This home is located in a desirable, mature, area in Ingersoll's South end. Backsplit home is larger than it looks, 1,946 square feet above grade and 680 below, fully finished on all four levels. Freshly painted, the main and upper level (except kitchen and bathroom) flooring was replaced July 2024. Upon entry, you have large foyer with coat/boot storage, family room with french doors and electric fireplace, formal dining room, and large eat-in kitchen with skylight and vaulted ceiling. On the upper level there are three bedrooms, the primary, which has ensuite-bathroom privilege. The lower level is great place for entertaining in large living room with natural gas fireplace, four-piece bathroom and an additional bedroom. The basement level is complete with recreational room, laundry room, storage room and cold storage. The lower and basement level can easily be transformed for auxiliary apartment already having separate entrance. Great for large families, in-laws, or rental income opportunity. Fully fenced, landscaped backyard has covered patio, oversized shed and above-ground pool. Roof shingles replaced Oct. 2023. Parking for four with double wide driveway (paver stones) and attached double car garage. Flexible closing.
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Property Summary
This detached home located at 242 Alder Road, Ingersoll is currently for sale and has been available on SousaSells for 501 days. This property is listed at $674,999 with an estimated mortgage of $2,247* per month. It has 4 beds, 2 bathrooms, and is 1100-1500 square feet. 242 Alder Road, Ingersoll is in the Ingersoll - South neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 242 Alder Road, Ingersoll, ON N5C 3Z2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Ingersoll, ON
For a property listed at $674,999 in Ingersoll, the legal minimum down payment is $42,500 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 $9,975 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 $9,975.
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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.