67 King Street, Kincardine, ON N0G 2T0
Kincardine, ON, N0G 2T0 · Kincardine
About this property
INVESTORS, THIS IS THE ONE YOU'VE BEEN WAITING FOR. Everyone talks about investing where people want to live. We prefer investing where people need to live. A rare opportunity to acquire a purpose-built six plex in one of Bruce County's strongest rental markets. Located just minutes from Bruce Power, one of Ontario's largest employers and a major economic driver for the region, this income-producing property is positioned to benefit from continued demand for quality rental housing. With thousands of employees, contractors, and support industries working throughout the area, the need for rental accommodation remains strong and consistent. This solid brick multi-residential building features six residential units, stable tenancy, municipal services, ample on-site parking, and numerous updates completed over the years. Improvements include flooring, bathroom renovations, stairwell upgrades, and ongoing capital maintenance, providing investors with a well-maintained asset and future upside potential.Situated on a mature lot, tenants enjoy conveniences walking distance away. Plus the beautiful Lake Huron shoreline, while remaining close to one of the region's largest employment hubs. Whether you're looking to expand an existing portfolio or secure your first multi-family investment, this property offers the fundamentals investors seek: strong rental demand, solid construction, reliable income, and long-term growth potential. The real magic is in the numbers. With an attractive cap rate and strong income performance, this is the type of opportunity serious investors are always searching for. Opportunities like this are becoming increasingly rare in the Bruce Power corridor. Financial information is available to qualified buyers. Reach out to your Realtor today to review the numbers and discover why 67 King Street may be the next smart addition to your investment portfolio.
Features & Amenities
- Basement: Walk-Up, Full
- Garage: Detached
- Cooling: Wall Unit(s), Window Unit(s)
- Heat Type: Baseboard
- Heat Source: Electric
- Style: Other
- Construction: Brick
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Multiplex |
| Architectural Style | Other |
| Bedrooms | 11 |
| Bathrooms | 6 |
| Lot Size | 0 Feet |
| Basement | Walk-Up, Full |
| Garage | Detached |
| Parking Spaces | 6 |
| Heat Type | Baseboard |
| Heat Source | Electric |
| Cooling | Wall Unit(s), Window Unit(s) |
| Sewer | Sewer |
| Annual Tax | $5,227 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- Water Heater Owned, Storage Area Lockers, Separate Hydro Meter, Primary Bedroom - Main Floor, Guest Accommodations
Exterior Features
- Exterior Features
- Porch, Year Round Living
- Other Structures
- None
- Pool Features
- None
Building & Construction
- Architectural Style
- Other
- Construction Materials
- Brick
- Foundation Details
- Concrete Block
- Roof
- Asphalt Shingle
- Basement
- Walk-Up, Full
- Approximate Age
- 51-99
Heating & Cooling
- Heat Type
- Baseboard
- Heat Source
- Electric
- Cooling
- Wall Unit(s), Window Unit(s)
Parking & Garage
- Garage Type
- Detached
- Garage
- Yes
- Parking Spaces
- 6
- Parking Total
- 7.00
- Parking Features
- Tandem, Private Triple, Private
- Covered Spaces
- 1
Lot & Land
- Lot Size Area
- 0.41
- Lot Size Units
- Feet
- Lot Depth
- 148.50
- Lot Width
- 120.30
Community & Neighborhood
- Property Features
- Beach, Park, Wooded/Treed
Financial & Tax
- Tax Annual Amount
- $5,227
- Tax Year
- 2025
- Tax Assessed Value
- $323,000
- Possession Type
- Flexible
- Possession Details
- Immediate assuming tenants
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 20
- Rooms Below Grade
- 10
- Kitchens Above Grade
- 4
- Kitchens Total
- 6
- Bedrooms Above Grade
- 8
- Bedrooms Below Grade
- 3
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- West
- County Or Parish
- Bruce
- Cross Street
- Church St.
- Directions
- From Hwy 21 Tiverton turn north on King St and proceed to the sign at 67 King St.
- Special Designation
- Unknown
- Showing Requirements
- Showing System
Location
67 King Street, Kincardine, ON N0G 2T0, Kincardine, ON, N0G 2T0