48 KING Street, Kincardine, ON N0G 2T0, Kincardine, ON, N0G 2T0
MLS: X10877684 | Vacant Land
$977,000
Property Description
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 single
family 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.**
Quick Facts
- Property Type: Vacant Land
- Style: Unknown
- Bedrooms: None
- Bathrooms: 0
- Lot Size: 2.8000 acres (1.13 ha)
Costs
- Annual Taxes: $2,864.00 (2023)
Listing Provided by: Real Broker Ontario Ltd.
Board: itso
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Cooling: Unknown
- Basement: Unknown
Exterior & Construction
- Style: Unknown
- Roof: Unknown
- Construction: Unknown
- Sewer: Sewer
Lot & Land
- Lot Size: 2.8000 acres (1.13 ha)
- Pool: None
- Zoning: RA,PD
Community & Neighbourhood
- Neighbourhood: Kincardine
Listing Information
Listing History
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Nearby Homes ?Nearby Homes — Search CriteriaSearch Radius1 kmPrice Range±30%Match BedroomsNoMatch BathroomsNo
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Att/Row/Townhouse$977,000
$4,931/yr taxListing Courtesy of DREAM HOME REALTY INC.
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Link$976,900
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$1/yr taxListing Courtesy of Re/Max Icon Realty
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$5,973/yr taxListing Courtesy of ROYAL LEPAGE TEAM REALTY
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$6,880/yr taxListing Courtesy of HOMESMITHS REAL ESTATE LTD.
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Att/Row/Townhouse$977,888
$4,187/yr taxListing Courtesy of DREAM HOME REALTY INC.
138 Ashton Creek Crescent, Beckwith, ON K0A 1B0, Beckwith
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Property Comparables ?Active Comparables — Search CriteriaSearch Radius2 kmPrice Range±15%Match Home TypeYesMatch BedroomsYes
No active comparables found in this area.
No rental comparables found in this area.
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Rented comparables require subject coordinates.
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48 KING Street, Kincardine, ON N0G 2T0, Kincardine, ON, N0G 2T0