48 King Street, Kincardine, ON N0G 2T0

For Sale 375 days on Market MLS® X12056199

Asking Price

$777,000

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Overview

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This property has the possibilities and flexibility for an Individual or Developer to transform this land into a fine housing area in Tiverton. (It is zoned roughly half R1 Residential and the other half PD Planned Development) The 2.80 acre package currently has a house on it that is deemed beyond repair but also a 20'x40' pole and steel shed. The laneway to the property is actually a 330' long by 25' Municipal road which would be very beneficial for development. Located minutes from the Bruce Nuclear Power Development this property could become a popular new housing area for single family, semi-detached or apartment complexes. The Buyer must due their own due diligence concerning Municipal building requirements.

Lot Size

2.6 acres

Type

Vacant Land

Property Details

Year BuiltNot Disclosed

CityKincardine

Postal CodeN0G2T0

Lot Dimensions173.30 × 663.00 ft

Exterior & Land

Sewer: Sewer

Utilities & Services

Heat SourceWell

SewerSewer

Financial Information

List Price$777,000

Annual Taxes$2,864 (2024)

Days on Market375

MLS® X12056199 • Listed by RE/MAX Land Exchange Ltd.

48 King Street, Kincardine, ON N0G 2T0

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Purchase Calculator

Home Price

$777,000.00

Location

Down Payment

$163,170.00

Payment Frequency

⚙️ Rate

Your mortgage interest rate can either be Fixed for the term or Variable.

Rate

4.70%

Rate Term

🧾 Amortization

30 years

Scenario Options

First-time Buyer

Newly Built

Insured Prefer

💸 Rental Income

🏠 Home Expenses

Monthly Rent

$900.00

Occupancy (%)

100%

Monthly Expenses

$400.00

Includes

📉 Taxes
🛠️ Maintenance
⚡ Utilities etc.

Total Monthly Cost ⚙️

/month

Principal & interest

Home expenses

Other expenses

Rental income

Monthly Mortgage$0.00
Home Expenses$0.00
Other Expenses$0.00
Rental Income$0.00

Mortgage Amount

$0.00

Closing Costs

$0.00

Mortgage Payment$0.00

Net Mortgage$0.00

Interest paid over term$0.00

Balance end of Term$0.00

Effective Amortization30 Years

Property Location

48 King Street, Kincardine, ON N0G 2T0

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