159 Carnegie Street, Ingersoll

$425,000
159 Carnegie Street

$425,000

New
24d
Semi-Detached Bungalow-Raised

159 Carnegie Street, Ingersoll

Total Monthly Obligation $2,317

Beds
3
Baths
2
Park
2
Sqft
700-1100
DOM
24d
Score
26
Yield
6.6%
Cash on Cash
4.0%
Cap Rate
5.4%
5Y IRR
18.8%
10Y IRR
17.2%
Property Type-Semi-Detached
MLS® Number-X13841478
Beds-3
Bathrooms-2
Size-700-1100 sqft
Lot Size-32.71 × 132.46 ft
Listed on site-Sep 29, 2026
Style-Bungalow-Raised
Building Type-Semi-Detached
Age-31-50
Taxes-$2,733 (2025)
Parking-2 - None
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-RE/MAX a-b Realty Ltd Brokerage
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Talk to LA
Neighbourhood-Ingersoll - North
Title-Residential Freehold

No agent assigned

Welcome to 159 Carnegie Street in Ingersoll! This inviting raised bungalow offers a practical and versatile layout with 2+1 bedrooms and 2 full bathrooms, making it an excellent choice for first-time buyers, down-sizers, or those looking for additional living space. The main level features a bright and spacious living room, functional kitchen and dining area, two bedrooms and a convenient 4-piece bathroom. The primary bedroom offers generous space, while the second bedroom provides flexibility for family, guests or a home office. The fully finished lower level adds valuable living space with a large recreation/family room, third bedroom, 3-piece bathroom, laundry area and utility/storage space. Whether used as a family room, guest area, home office or teen retreat, the lower level provides plenty of versatility. The separate entrances and R2 zoning provide opportunities to create separate living spaces on each floor whether it be an in-law suite or multigenerational living. Outside, enjoy the deep 132-foot fenced lot, side deck for the BBQ and private back patio provide great options for outdoor entertaining and relaxing. The combination of brick and vinyl siding offers attractive curb appeal and low-maintenance exterior living. Several important updates provide added peace of mind, including roof shingles replaced in 2020 and windows replaced in 2023. This home offers a great opportunity to own a comfortable and versatile property with finished living space both upstairs and down. Move-in ready and offering excellent value!

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%
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$
$
(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$340,000
Land Transfer Taxes$4,975
Legal Fees (Est.)
$
Total cash required for closing$91,475

Total Monthly Obligation

$2,317/mo
Mortgage $1,714
Monthly Loss $1,866
Principal$451
Interest$1,263
Property Tax$228
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.3%30
Cash-on-Cash
-2.7%4
5-Year IRR
13.6%62
10-Year IRR
13.5%
Returns Index
32.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
26/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$28,200/yr
NOI
$18,147/yr
Net Cash Flow
-$202/mo
Cash Margin
-8.6%1
Cash Flow Index
0.9/ 100
Risk Profile
Weight: 20%
DSCR
0.8819
LTV Ratio
80.0%18
Vacancy Buffer
4.1 mo71
Risk Index
35.9/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 159 Carnegie Street

Time

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