208 VICTORIA STREET — Ingersoll (Ingersoll - North), Ontario

Welcome to 208 Victoria Street, Ingersoll! Whether you're looking to invest, enter the market with confidence, or create a spacious single-family home, this versatile property offers opportunity at every turn. Currently configured as a fully rented upper and lower duplex, each unit features 2 bedrooms and its own laundry facilities, making it highly desirable for tenants. The property is fully occupied with reliable rental income: Upper Unit: $1,300/month (heat & hydro included)Lower Unit: $1,541/month (heat & hydro included)For investors, this is a turnkey income property with solid returns and room to optimize future cash flow. Annual expenses include: Enbridge Gas: $1,701.81ERTH Power (Hydro & Water): $2,863.66Reliance Water Heater: $262.84 For first-time buyers, live in one unit and let the other help pay your mortgage, a smart way to build equity while reducing your monthly carrying costs. For families or buyers needing more space, the home could easily be converted back into a large single-family residence, offering flexibility for multigenerational living or future lifestyle changes. Situated on a large lot with ample parking, the property also features a 17.5' x 35.5' detached shop with second-floor storage - ideal for hobbyists, small business owners, tradespeople, or additional storage needs. Located in a mature neighbourhood close to amenities, schools, and everyday conveniences, this is a rare opportunity to own a property that grows with your goals. (id:63357)