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22 Alma Street 1, Kincardine, ON N0G 2T0

Kincardine, ON, N0G 2T0 · Kincardine

8 Beds
5 Baths
Sq Ft
4 Parking
Detached Type
X12029092 MLS#

About this property

Proudly presenting Parkside Woods, 22 Alma Street lot 1. Located within a to-be built boutique subdivision development in Inverhuron, this property is incredibly located on the doorstep of Inverhuron Provincial Park and Bruce Power, providing exciting and diverse opportunities. Surrounded by nature and serenity this 1/2 acre lot will be home to an exciting, multi functioning, multi family, multi purpose, real estate opportunity. Consisting of between three and five independent suites under 2 roofs, this property is an incredible mixture of opportunity and enjoyment.This property is being offered to take advantage of the Federal Purpose-Built Rental Housing (PBRH) Rebate, which provides a rebate of up to 100% of the 5% federal GST on eligible newly constructed multi-unit residential properties.In addition, purchasers may be eligible for the Ontario New Residential Rental Property (NRRP) rebate, which can provide up to $24,000 per unit on the provincial portion of HST.At the current list price, this property presents a compelling opportunity to recover a significant portion of the HST, materially improving overall investment returns.The rebate is generally calculated based on the fair market value of the property at substantial completion and is available to purchasers who hold the property as an income-producing rental asset.Estimated HST: $266,405Estimated Federal GST Rebate (PBRH): ~$197,000Estimated Provincial Rebate (Ontario NRRP): Up to $24,000Total Potential GST/HST Recovery: In excess of $200,000.

Features & Amenities

  • Basement: Walk-Up, Full
  • Garage: Detached
  • Cooling: Central Air
  • Heat Type: Forced Air
  • Heat Source: Gas
  • Style: Bungalow
  • Construction: Vinyl Siding, Aluminum Siding
  • Sewer: Sewer

Property Details

Property Type Residential Freehold
Property Sub-Type Detached
Architectural Style Bungalow
Bedrooms 8
Bathrooms 5
Basement Walk-Up, Full
Garage Detached
Parking Spaces 4
Heat Type Forced Air
Heat Source Gas
Cooling Central Air
Sewer Sewer
Annual Tax $1
Tax Year 2025

Interior Features

Interior Features
Air Exchanger, Carpet Free, ERV/HRV, Guest Accommodations, In-Law Suite

Exterior Features

Exterior Features
Backs On Green Belt, Porch
Pool Features
None

Building & Construction

Architectural Style
Bungalow
Construction Materials
Vinyl Siding, Aluminum Siding
Foundation Details
Poured Concrete
Roof
Asphalt Shingle
Basement
Walk-Up, Full
Approximate Age
New

Heating & Cooling

Heat Type
Forced Air
Heat Source
Gas
Cooling
Central Air

Parking & Garage

Garage Type
Detached
Garage
Yes
Parking Spaces
4
Parking Total
7.00
Parking Features
Private Triple
Covered Spaces
3

Lot & Land

Lot Size Units
Metres
Lot Depth
47.09
Lot Width
40.48

Financial & Tax

Tax Annual Amount
$1
Tax Year
2025
Tax Assessed Value
$377,000
Possession Type
Other
Possession Details
Pre-sale. Delivery TBD

Utilities & Services

Sewer
Sewer

Room Details

Rooms Above Grade
21
Rooms Below Grade
3
Kitchens Above Grade
3
Kitchens Total
5
Bedrooms Above Grade
6
Bedrooms Below Grade
2

Additional Details

Occupant Type
Vacant
Direction Faces
North
County Or Parish
Bruce
Cross Street
Alma & Albert
Directions
HWY 15 to Albert Rd
Special Designation
Unknown
Showing Requirements
Go Direct

Location

22 Alma Street 1, Kincardine, ON N0G 2T0, Kincardine, ON, N0G 2T0

Listing courtesy of Sutton Group - First Choice Realty Ltd.
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