Business For Sale · Land

300 HAINES STREET N, Ingersoll (Ingersoll - North)

300 HAINES STREET N, Ingersoll (Ingersoll - North), ON N5C2S2

$1.6M total

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Asset Class

Land

Size

—

Building class

B

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

86%

Lot Size

4.6 ac

About this property

4.6 ACRES OF RESIDENTIAL DEVELOPMENT LAND IN INGERSOLL! Surrounded by mature residential neighborhoods in northeast Ingersoll, this exceptional site offers an opportunity to explore residential infill development within an established Oxford County community. Zoned Development (D), with Official Plan support for low-density residential uses, including single-detached & semi-detached homes. Consider developing the entire parcel, potentially creating a through street from McKeand to McCreery. Alternatively, explore severance of lands to the north with access off McCreery Street, while retaining the existing house, outbuildings & remnant parcel to the south, accessed from McKeand Street over the unopened Haines St. road allowance (subject to all municipal approvals). A small portion of the site's southwest corner falls within the UTRCA-regulated area. Existing improvements include a 2,570+/- SF 2-3 bdrm country home with additions & 3,314+/- SF clear span outbuilding in excellent condition including combined barn, workshop & storage space - with options to retain or restore. LOCATION DRIVES OPPORTUNITY! Ingersoll is desirably located on Hwy 401 corridor, with convenient connections to Hwy 402 & 403. Easy access to Woodstock, London, Brantford, KW/Cambridge region. This growing community offers a hospital, multiple schools, parks, rec facilities including the proposed new multi-use recreation centre and a thriving business & industrial base. The subject property is within the Laurie Hawkins P.S. catchment area, just a short walk from the school. Town and County growth studies anticipate continued residential & employment expansion, with Ingersoll's population projected to exceed 20,100 by 2046. The County's Land Needs Assessment (March 2026) also identifies a projected shortfall in low-density housing capacity, highlighting the relevance of this opportunity. Explore the possibilities at 300 Haines Street! *Development proposals subject to applicable municipal approvals. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.65M
Down payment30% · $495K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$8K

Projected NOI

$58K

Annual cash flow

$-34K

Cash-on-cash

-6.77%

DSCR

0.63

Going-in cap

3.51%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

62,599

Households

24,956

Median income

$117,000

Median age

33

Daytime population

68,976

5-yr growth

4.9%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 300 HAINES STREET N, Ingersoll (Ingersoll - North).

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.