257 King Street, Ingersoll, ON

$609,900
MLS#:X9268136
4 beds
2 baths
1500-2000 sqft
9.0 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 and vinyl siding construction, this residence presents an exceptional opportunity offered at $609,900 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.

  • 4 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 53.1 x 165 ft lot
  • Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 9.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Sump Pump, Water Meter, Water Heater
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Rev up your engines! If you're searching for a home where privacy and space take center stage, this 4-bedroom, 2-bathroom gem with a 3-bay garage is the perfect fit. Set on an oversized 165' deep lot with no neighbors behind, it backs onto the lush North Meadows Naturalized Park & Trail in sought-after Royal Roads District. Enjoy the tranquility of this park-like setting with nearby amenities, including parks, schools, and shopping minutes away. With 1,572 sq. ft. of sun-filled living space, this 1 storey home offers an inviting and functional layout. The insulated 3-bay detached garage/shop (21' x 31') is ideal for car enthusiasts and hobbyists! The finished garage/shop has newer, insulated overhead doors & LED lighting. The garage also provides extra space for projects or a home gym. Inside the home, you'll appreciate the carpet-free main floor with 9' ceilings, a spacious living room, dining room, and an updated kitchen with ample counter space and an electric fireplace. The main floor bedroom offers easy access to a freshly updated full bathroom. Upstairs, 3 more bedrooms and 2-piece bath await. Super functional mudroom streamlines daily life with its storage & convenient access to both the basement and a few steps out to the garage. The basement, just seven steps down, is clean, dry, spray-foam insulated and offers excellent storage. Outside, enjoy manicured lawns, mature landscaping, low-maintenance perennial gardens, a classic front porch, a handy side deck off the kitchen for BBQs and a patio for relaxing. The fully fenced/gated backyard includes an 8' x 14' garden shed. With bonus parking for up to 9 vehicles and recent updates including shingles, furnace, and central air in 2018, plus some newer windows and brand-new carpet in 2023, this property is your ticket to a peaceful, private space. You chose the closing date! Dont miss out schedule your showing today!

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Property Summary

This detached home located at 257 King Street, Ingersoll is currently for sale and has been available on SousaSells for 692 days. This property is listed at $609,900 with an estimated mortgage of $2,030* per month. It has 4 beds, 2 bathrooms, and is 1500-2000 square feet. 257 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
4
Bathrooms
2
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateSeptember 9, 2024
Sold price information is available to members only
Listed Date8/23/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionAluminum Siding, Vinyl Siding
BasementFull, Unfinished
Lot Size53.1 × 165 Feet
CountyOxford
Annual Tax$3,137.03
Legal DescriptionPT LT 207 BLK 48 PL 279 DESIGNATED AS PART 2, 41R5031;INGERSOLL

Parking & Garage

Parking Spaces9.0
Garage Spaces6
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Arts Centre, Golf, Greenbelt/Conservation, School Bus Route, School, Rec./Commun.Centre

Interior Features

Sump Pump, Water Meter, Water Heater, Water Softener

Security Features

Community Features

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Location

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257 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 257 King Street E, Ingersoll, ON N5C 1H4

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$182,970 (30.0%)
* Minimum Canadian down payment required for this price is $35,990.
Amortization Period30 Years
Estimated Monthly Payment$2,030Based on a loan of $426,930 over 30 years.
Purchase Price$609,900
Loan Amount$426,930
Provincial Land Transfer Tax:$8,673
Total Estimated Closing Taxes:$8,673

About Purchasing a Home in Ingersoll, ON

For a property listed at $609,900 in Ingersoll, the legal minimum down payment is $35,990 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 $8,673 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 $8,673.

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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.