Residentiae.
For Sale · Cornerstone

407 BELL STREET

Cornerstone · N5C2P7

$949,900

3Bedrooms
1Bathrooms
8Parking
1,325Sq Ft
1Storeys

About this residence

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:61366)

Property details

Property type
Single Family
Style
House
Ownership
Freehold
Bedrooms
3 (3 above)
Bathrooms
1
Storeys
1
Living area
1,325 sq ft
Lot size
0.79
Frontage
304 feet
Parking
8 spaces
Year built
1910
Annual tax
$3,013
MLS®
40812807
Board
Cornerstone
Status
Active
Listed
Mar 17, 2026
Updated
Jun 2, 2026

Room dimensions

RoomLevelDimensions
StorageBasement8'1'' x 11'6''
StorageBasement11'6'' x 16'2''
Utility roomBasement15'9'' x 25'9''
BedroomSecond level8'1'' x 9'0''
BedroomSecond level8'2'' x 9'0''
Primary BedroomSecond level9'3'' x 12'7''
4pc BathroomMain level6'9'' x 11'5''
KitchenMain level11'5'' x 19'3''
Living roomMain level16'5'' x 25'0''

Features & finishes

Appliances

  • Dishwasher
  • Window Coverings

Heating

  • Forced air

Cooling

  • Central air conditioning

Basement

  • Full
  • Unfinished

Exterior

  • Vinyl siding

Foundation

  • Poured Concrete

Lot

  • Corner Site

Sewer & Utilities

  • Municipal sewage system

Community

  • High Traffic Area

Financing

Mortgage calculator

Estimated monthly payment

$4,442/mo

Amortization

Loan amount

$759,920

Down payment

$189,980

Estimate only. Rates and terms vary by lender and qualification.

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Location & area

Cornerstone

About the area

Census · N5C
15,721
Population
41
Median age
$89,000
Median income
$500,000
Median home value
77%
Home ownership
25 min
Avg. commute

Age distribution

0–14
18%
15–24
11%
25–44
25%
45–64
28%
65+
17%

Tenure

77% owners23% renters

Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.

Powered by Neighbourly.io
Good to know

Frequently asked questions

What is the asking price for 407 BELL STREET?

407 BELL STREET is listed for $949,900, in Cornerstone.

How many bedrooms and bathrooms does 407 BELL STREET have?

It offers 3 bedrooms and 1 bathroom.

What type of home is 407 BELL STREET?

407 BELL STREET is a Single Family, House set over 1 storey, built in 1910.

How large is 407 BELL STREET?

The home offers approximately 1,325 sq ft of living space on a lot measuring 0.79.

What would the monthly mortgage payment be?

With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $4,442. Use the mortgage calculator above to model your own scenario.

What are the annual property taxes?

Property taxes are approximately $3,013 per year.

Is there parking?

Yes — 407 BELL STREET includes 8 parking spaces.

What is the Cornerstone area like?

Cornerstone has a population of about 15,721, a median age of 41, a 77% home-ownership rate, with an average commute of about 25 minutes.

What is the average home value in Cornerstone?

The median dwelling value in this area is approximately $500,000, based on census data via Neighbourly.

What is the median household income in Cornerstone?

The median household income in this area is approximately $89,000.

Private viewings

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