48 King Street, Kincardine MLS Number: 40625157
Kincardine, Bruce, ON, N0G 2T0$977,000
Status: For Sale
- Property Type: Land (Residential)
- Property Taxes : $2864 (Tax Year:2023)
- Listing Courtesy : Real Broker Ontario Ltd.
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$977,000
Status: For Sale
This exceptional parcel presents a unique development opportunity, where vision meets demand in the heart of Tiverton. As an investor or developer, this property represents a strategic acquisition in an area poised for significant growth. The existing infrastructure, including the availability of municipal sewer and water, enhances the site's development potential, reducing preliminary project costs and complexities. Currently hosting an old house and a well-maintained storage shed, the land offers immediate utility while planning for future development. The driveway features a 330-foot long, 25-foot wide road owned by Kincardine Municipality, providing a unique advantage. For potential buyers looking to maximize the property's potential, subdividing the front portion could dramatically increase its frontage, offering enticing possibilities for diverse and profitable development projects. Whether you're looking to build a quaint neighborhood of singlefamily homes, create a community of semi-detached residences, or erect a modern apartment complex, this property can accommodate various development projects. The proximity to major local employers like Bruce Power and the thriving towns of Port Elgin and Kincardine adds to the appeal, ensuring a steady demand for residential units. This makes it an excellent prospect for long-term investment. Capitalize on the growth trajectory of Tiverton with this versatile and promising land. Act now to transform this site into a thriving residential hub in one of the most sought-after areas for new homes. **The estate is strategically divided, with one half zoned for R1 residential purposes, while the remaining portion is reserved for potential developmental endeavors.**
Property Type | :Land |
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MLS Number | :40625157 |
Listing Type | :Sale |
Possession Date | : |
Last Updated | :26 Sep, 2024 (60 Days ago) |
Source | :Guelph & District |
Area | :Bruce |
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City | :Tiverton |
Area Major | :Kincardine |
Area Minor | :Kincardine |
Postal Code | : N0G 2T0 |
Directions | :On East Side of King Street |
Price | : $977,000 |
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Property Taxes | :$2864 |
Tax Year | :2023 |
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Place of Worship | :No |
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30 Jul, 2024
TREB #40625157
Listed
$977000
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