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. *Opportunity for vendor take-back financing available. 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!
| MLS # | X13578214 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 110 |
| Listing Provided By | RE/MAX GARDEN CITY REALTY INC. | X13578214 056500 |
| SQ Feet | 1,235 |
|---|---|
| Acreage | 0.03 |
| Cooling | Yes |
|---|
| Utilities | Yes |
|---|
| Tax Annual Amount | 3013.32 |
|---|---|
| Tax Assessed Value | 183000 |
| Tax Type | Annual |
| Tax Legal Description | PT PARKLT 18 BLK 98 PL 279 AS IN 330563; PT HAINES ST PL 279 CLOSED BY 359218, PT 1-4, 41R4171; S/T 359219, 359341; INGERSOLL |
| Tax Year | 2025 |
| Province | ON |
|---|---|
| County | Oxford |
| City | Ingersoll |
| Postal Code | N5C 2P7 |
| Area | Ingersoll North |
| Listing VS Median (in N5C 2P7) | |
Price: $949,900 low | high Med: $949,900 sqft: 1,235 low | high Med: 1,235 $ / sqft: $769 low | high Med: $769 On site: 110 low | high Med: 110 | |
| Province | ON |
|---|---|
| County | Oxford |
| City | Ingersoll |
| Postal Code | N5C 2P7 |
| Area | Ingersoll North |
| Listing VS Median (in N5C 2P7) | |
Price: $949,900 low | high Med: $949,900 sqft: 1,235 low | high Med: 1,235 $ / sqft: $769 low | high Med: $769 On site: 110 low | high Med: 110 | |