For Sale

48 KING Street, Kincardine, Ontario N0G2T0

$977,000

48 KING Street, Kincardine, Ontario N0G2T0 is For Sale and has a listing price of 977,000. The property is located in the Kincardine neighbourhood. It's been on the website for 13 Days.

  • Vacant Land
    Property Type
  • MLS ID: X10877684
  • Office Name Real Broker Ontario Ltd.
Property Description

This exceptional parcel presents a unique development opportunity, where vision meets demand in the heartrn of Tiverton. As an investor or developer, this property represents a strategic acquisition in an area poised forrn significant growth. The existing infrastructure, including the availability of municipal sewer and water,rn enhances the site’s development potential, reducing preliminary project costs and complexities. Currentlyrn hosting an old house and a well-maintained storage shed, the land offers immediate utility while planning forrn future development. The driveway features a 330-foot long, 25-foot wide road owned by Kincardinern Municipality, providing a unique advantage. For potential buyers looking to maximize the property’s potential,rn subdividing the front portion could dramatically increase its frontage, offering enticing possibilities forrn diverse and profitable development projects. Whether you’re looking to build a quaint neighborhood of singlernfamily homes, create a community of semi-detached residences, or erect a modern apartment complex, thisrn property can accommodate various development projects. The proximity to major local employers like Brucern Power and the thriving towns of Port Elgin and Kincardine adds to the appeal, ensuring a steady demand forrn residential units. This makes it an excellent prospect for long-term investment. Capitalize on the growthrn trajectory of Tiverton with this versatile and promising land. Act now to transform this site into a thrivingrn residential hub in one of the most sought-after areas for new homes. **The estate is strategically divided,rn with one half zoned for R1 residential purposes, while the remaining portion is reserved for potentialrn developmental endeavors.** (id:43137)

Property Details
  • MLS ID: X10877684
  • Price: $977,000
  • Transaction Types: For Sale
  • Ref ID: 27231387
  • Year Built: N/A
  • Property Type: Vacant Land
  • Property Type: Commercial
  • Property Sub Category: Vacant land
Price History
List Date MLS ID List Price Status End Date Closed Price
07/30/2024 X10877684 $977,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Kincardine
  • $931,007 Average List Price
    based on 1 year
  • 20 New Listings
    based on 30 days
  • 30 Median Days on Market
    based on 1 year
  • List vs. Selling Price 192.36 % Up
  • Sold (12mo) 21
  • Rented (12mo) 9

  • 1 Month Change +23.9%
  • 3 Month Change +13.2%
  • 6 Month Change +5.2%
Walkscore
  • 27 Walk Score
    Car-Dependent
  • 32 Bike Score
    Somewhat Bikeable
Property Type Distribution
  • All Houses
    71.67%
  • Commercial
    22.06%
  • Condo
    3.56%
  • Land for Sale
    2.7%
Additional Details
  • Sewers Sanitary Sewer
  • Water Municipal Water
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 30/07/2024 00:00:00
  • Zoning Single Family, 294u
  • Agent Name: NICK BERGMANN
  • Last Updated: 17/12/2024 18:28:34
Open House Dates
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