48 KING St
$977,000
$977,000
MLS®#:
X10877684
Property Type:
Vacant Land
Property Style:
Area:
Bruce
Community:
Kincardine
Taxes:
$2,864 / 2023
Added:
July 30 2024
Lot Frontage:
173.30
Lot Depth:
663.00
Status:
Active
Outside:
Year Built:
Basement:
Brokerage:
Real Broker Ontario Ltd.
Lot (Acres):

663

173

BIG LOT

Intersection:
On East Side of King Street
Rooms:
Bedrooms:
Bathrooms:
Fireplace:
N
Utilities
Water:
Municipal
Cooling:
Heating Type:
Heating Fuel:

Listing 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.**

Property Features

Hospital

Sale/Lease History of 48 KING St

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Neighbourhood

Schools, amenities, travel times, and market trends near 48 KING St
Schools

4 public & 1 Catholic schools serve this home.

Parks & Rec

4 trails, 1 dog park and 3 other facilities are found in major parks near this home.

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Kincardine home prices

Average sold price for Detached, Semi-Detached, Condo, Townhomes in Kincardine
100%

Insights for 48 KING St

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* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)