1,235 sqft
$949,900
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! (id:50787)
Property Details
|
MLS® Number
|
40812911 |
|
Property Type
|
Other |
|
Amenities Near By
|
Schools |
|
Community Features
|
High Traffic Area |
Building
|
Basement Type
|
Full |
|
Constructed Date
|
1910 |
|
Exterior Finish
|
Vinyl Siding |
|
Foundation Type
|
Poured Concrete |
|
Stories Total
|
2 |
|
Size Exterior
|
1235.0000 |
|
Size Interior
|
1,235 Sqft |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Land Amenities
|
Schools |
|
Sewer
|
Municipal Sewage System |
|
Size Depth
|
113 Ft |
|
Size Frontage
|
304 Ft |
|
Size Irregular
|
0.79 |
|
Size Total
|
0.79 Ac|1/2 - 1.99 Acres |
|
Size Total Text
|
0.79 Ac|1/2 - 1.99 Acres |
|
Zoning Description
|
Hc |
https://www.realtor.ca/real-estate/29482551/407-bell-street-ingersoll