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48 KING STREET Kincardine

48 KING STREET, Kincardine

$977,000

This exceptional parcel presents a unique development opportunity, where vision meets demand in the heart\r\n of Tiverton. As an investor or developer, this property represents a strategic acquisition in an area poised for\r\n significant growth. The existing infrastructure, including the availability of municipal sewer and water,\r\n enhances the site's development potential, reducing preliminary project costs and complexities. Currently\r\n hosting an old house and a well-maintained storage shed, the land offers immediate utility while planning for\r\n future development. The driveway features a 330-foot long, 25-foot wide road owned by Kincardine\r\n Municipality, providing a unique advantage. For potential buyers looking to maximize the property's potential,\r\n subdividing the front portion could dramatically increase its frontage, offering enticing possibilities for\r\n diverse and profitable development projects. Whether you're looking to build a quaint neighborhood of single\r\nfamily homes, create a community of semi-detached residences, or erect a modern apartment complex, this\r\n property can accommodate various development projects. The proximity to major local employers like Bruce\r\n Power and the thriving towns of Port Elgin and Kincardine adds to the appeal, ensuring a steady demand for\r\n residential units. This makes it an excellent prospect for long-term investment. Capitalize on the growth\r\n trajectory of Tiverton with this versatile and promising land. Act now to transform this site into a thriving\r\n residential hub in one of the most sought-after areas for new homes. **The estate is strategically divided,\r\n with one half zoned for R1 residential purposes, while the remaining portion is reserved for potential\r\n developmental endeavors.** (id:45839)
  • Listing ID: X10877684
  • Property Type: Vacant Land
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Details

  • Amenities Nearby: Hospital
  • Transaction: For sale
  • Zoning Description: RA,PD

Building

  • Fireplace Present: False
  • Utility Water: Municipal water

Land

  • Acreage: true
  • Amenities: Hospital
  • Sewer: Sanitary sewer
  • Size Frontage: 173.3 m
  • Size Irregular: 173.3 x 663 Acre

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    This property for sale is located at 48 KING STREET in Kincardine. It was last modified on December 17th, 2024. Contact Christine Smith to schedule a viewing or to discover other Kincardine properties for sale.

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