407 BELL STREET
Cornerstone · N5C2P7
$949,900
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
| Room | Level | Dimensions |
|---|---|---|
| Storage | Basement | 8'1'' x 11'6'' |
| Storage | Basement | 11'6'' x 16'2'' |
| Utility room | Basement | 15'9'' x 25'9'' |
| Bedroom | Second level | 8'1'' x 9'0'' |
| Bedroom | Second level | 8'2'' x 9'0'' |
| Primary Bedroom | Second level | 9'3'' x 12'7'' |
| 4pc Bathroom | Main level | 6'9'' x 11'5'' |
| Kitchen | Main level | 11'5'' x 19'3'' |
| Living room | Main level | 16'5'' 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
Estimated monthly payment
$4,442/mo
Loan amount
$759,920
Down payment
$189,980
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Cornerstone
Nearby
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
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently 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.
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