48 KING Street, Kincardine | Image 1

48 KING Street

Kincardine, Kincardine

  • 0 bed 0 bath
$977,000 est.*: $3,310/mo
For Sale

Added 4 months ago

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  • Type: Vacant Land

  • Lot Size: 173.3 x 663 Acres

  • Age: No Data

  • Taxes: $2,864 per year

  • Days on Site: 139 Days

  • Added: Jul 30, 2024 (4 months ago)

  • Updated:

  • Last Checked: 2 hours ago

  • MLS®#: X10877684

  • Listed By: Real broker ontario ltd.

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.**

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Property

  • Status: Sale

  • Property Type: Vacant Land

  • Area: Kincardine

  • Community: Kincardine

  • Availability Date: Flexible

  • Assessment Amount: $210,000

  • Assessment Year: 2023

Inside

  • Fireplace: No

Utilities

  • Electricity: Yes

  • Gas: Available

Building

  • Elevator: N

  • Water Supply: Municipal

  • Special Designation: Unknown

Fees

  • Tax Year: 2023

  • Tax Legal Description: PT LT 4 BLK D PL 104 AS IN R352153; S/T R338395 MUNICIPALITY OF

  • Taxes: $2,864

Highlights

  • Feature: Hospital

Land

  • Cross Street: On East Side of King

  • Municipality District: Kincardine

  • Parcel Number: 332870290

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 663 Acres

  • Lot Frontage: 173.3 Acres

  • Acres: 2-4.99

  • Zoning: RA,PD

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Car-Dependent

  • Most errands require a car.
27 /100

Somewhat Bikeable

  • Most errands require a car.
32 /100
JK-8

Elgin Market Public School

Elementary: Public
14.35 km
JK-8

Ripley-Huron Community - Junior Campus School

Elementary: Public
22.21 km
JK-3

Kincardine Township-Tiverton Public School

Elementary: Public
10.80 km
4-8

Huron Heights Public School

Elementary: Public
12.96 km
JK-8

St Anthony's Separate School

Elementary: Catholic
12.96 km
JK-8

Port Elgin-Saugeen Central School

Elementary: Public
21.64 km
9-12

Walkerton District Community School

Secondary: Public
35.66 km
9-12

Kincardine District Secondary School

Secondary: Public
12.50 km
9-12

Saugeen District Secondary School

Secondary: Public
21.94 km
9-12

Sacred Heart High School

Secondary: Catholic
35.43 km
9-12

John Diefenbaker Senior School

Secondary: Public
42.85 km
9-12

F E Madill Secondary School

Secondary: Public
47.04 km
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