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407 BELL Street, Ingersoll — listed at $949,900. Earn buyer cashback at closing. No catches, just more money in your pocket.
Prime redevelopment opportunity on a high-exposure corner lot with two major road frontages, zoned Highway Commercial (HC), offering exceptional potential along a major corridor just minutes from Highway 401. This well-maintained 3-bedroom home sits on a spacious corner lot with two road frontages, offering exceptional visibility and easy access from multiple directions. Ideal for families, investors, or those seeking a live/work opportunity, the home features a functional layout with bright principal rooms, a spacious kitchen, and comfortable living areas-perfect for immediate occupancy or rental income. Zoned Highway Commercial (HC) under the Town of Ingersoll's Zoning By-law 04-4160, this property offers incredible redevelopment potential along a high-traffic corridor just minutes from Highway 401. The HC zoning allows for a wide range of uses including restaurant or drive-thru, gas station, car dealership, retail, service shop, motel, and more, making it ideal for future commercial development. The large lot supports ample building footprint, parking, and excellent traffic flow, while dual frontages provide superior exposure and signage opportunities-perfect for high-visibility businesses. The existing home can continue as a legal use in the interim or be incorporated into future plans.A rare opportunity to secure a versatile property with strong income potential today and exceptional long-term upside. Flexible possession available. Don't miss this unique blend of residential comfort and commercial opportunity! *Opportunity for vendor take-back financing available. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Storage | Basement | 8'1'' x 11'6'' |
| Storage | Basement | 11'6'' x 16'2'' |
| Utility room | Basement | 15'9'' x 25'9'' |
| Bedroom | Second level | 8'1'' x 9'0'' |
| Bedroom | Second level | 8'2'' x 9'0'' |
| Primary Bedroom | Second level | 9'3'' x 12'7'' |
| 4pc Bathroom | Main level | 6'9'' x 11'5'' |
| Kitchen | Main level | 11'5'' x 19'3'' |
| Living room | Main level | 16'5'' x 25'0'' |
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $3,013.32, heating is forced air. Always verify the latest figures with your agent before making an offer — these change yearly.
How is the home heated? Is it efficient?+
Heating is forced air. Ask for past utility bills to understand real heating costs.
Is there air conditioning?+
Yes — central air conditioning cooling is in place.
Does it have a basement, and is it finished?+
Yes — Unfinished, Full. A finished basement adds meaningful living space beyond the listed square footage.
What's the parking situation?+
This property includes 8 spaces.
Is 407 BELL Street a good fit for a growing family?+
With 3 bedrooms and 1 bathrooms (1235 sq ft), there's room for kids plus a guest room or home office. The 1.5-storey layout keeps living and sleeping areas separated.
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