48 KING ST Active

Kincardine,ON N0G 2T0

$ 977000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID X10877684

Style Unknown

Annual Tax Amount $2,864

Tax Year 2023

Lot Size 2.000 Acres

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.**

Location

Province ON

County Bruce

Community Kincardine

Area Bruce

Zoning RA,PD

Rooms

Kitchen 0

Interior

Cooling Unknown

Exterior

Parking Features Unknown

Pool None

Roof Type Unknown

Building

New Construction false

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