56 Princess Park Road, Ingersoll, ON

$524,000
MLS#:X11931458
3 beds
1 baths
2.0 parking
Residential Freehold
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Property no longer active

This property was sold on February 14, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Backsplit 3 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 $524,000 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.

  • 3 Bedrooms and 1 Bathroom
  • Premium 54.37 x 149.36 ft lot size
  • Features a finished, crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available
  • Notable attributes: Storage, Upgraded Insulation, Water Treatment
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Don't miss out on this move in ready, split level home with a large fenced in yard within walking distance to Royal Roads Public School! This charming home is close to a major highway for easy commuting and if commuting isn't your thing it is conveniently located close to many amenities including parks and the hospital. First time buyers and downsizers alike will love the open concept main floor and the convenience of an updated finished basement. There is tons of storage in the crawl space and with a little imagination, some lights and pillows it would make a pretty sweet play area for little ones. Outside you'll find a generous sized, fully fenced back yard perfect for the family to enjoy all year long!

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Property Summary

This detached home located at 56 Princess Park Road, Ingersoll is currently for sale and has been available on SousaSells for 543 days. This property is listed at $524,000 with an estimated mortgage of $1,744* per month. It has 3 beds, 1 bathroom, and is unknown square feet. 56 Princess Park 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

Bedrooms
3
Bathrooms
1
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateFebruary 4, 2025
Sold price information is available to members only
Listed Date1/20/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBacksplit 3
ConstructionBrick, Vinyl Siding
BasementFinished, Crawl Space
Lot Size54.37 × 149.36 Feet
CountyOxford
Annual Tax$2,803
Legal DescriptionPARCEL 4-1, SECTION M1 LOT 4, PLAN M1, SUBJECT TO EASEMENT IN FAVOUR OF THE BELL TELEPHONE COMPANY OF CANADA OVER PART 4, OXR3 AS IN LT5; SUBJECT TO RESTRICTIONS AS IN LT3337 INGERSOLL

Parking & Garage

Parking Spaces2.0
Garage Spaces2
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Park, School, Fenced Yard

Interior Features

Storage, Upgraded Insulation, Water Treatment

Security Features

Community Features

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Location

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56 Princess Park Road, 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 56 Princess Park Road, Ingersoll, ON N5C 1X8

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$157,200 (30.0%)
* Minimum Canadian down payment required for this price is $27,400.
Amortization Period30 Years
Estimated Monthly Payment$1,744Based on a loan of $366,800 over 30 years.
Purchase Price$524,000
Loan Amount$366,800
Provincial Land Transfer Tax:$6,955
Total Estimated Closing Taxes:$6,955

About Purchasing a Home in Ingersoll, ON

For a property listed at $524,000 in Ingersoll, the legal minimum down payment is $27,400 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 $6,955 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 $6,955.

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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.