


Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.
Enter the monthly rent you expect, or adjust our estimate.
Enter an estimated monthly rent to see the cashflow.
Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.
$2,200,000
Kincardine
731 PRINCES Street North, Kincardine, Ontario, N2Z2A3
This multi-family property in Kincardine is for sale offering roughly 14,000 sq ft of space. It has been on the market 41 days, fresher than the Kincardine average of 133 days.
Attention investors! Don't miss out on the opportunity to own this high income generating multi-residential building in Kincardine, an area that has strong economic growth for years to come! Just a short drive to Bruce Power, located right next to picturesque Victoria Park in Kincardine with views of Lake Huron's famous Sunsets! Originally built in 1895, this 3 story stately Victorian building has 27 self contained bachelor apartments with full bath and kitchenette. Interior also offers a cozy common room with fireplace, kitchen/dining room, fire alarm, 600 amp service, 7 year old natural gas boiler, 2 exercise rooms, staff laundry and coin operated laundry. Many use options are available eg; retirement home, short term rentals, Air B&B, etc. Perfectly located down town Kincardine! (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 41 days on market, against an average age of 133 days across the listings currently for sale in this city
This multi-family in Kincardine has been listed for 41 days, which is 92 days fresher than the city average of 133. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $2,200,000, about 21.4× the local median household income of $103,000.
Carrying it typically needs a household income of about $429,737 (20% down, 25-yr amortization, stress-tested) — roughly 317% above the area median.
Source: Statistics Canada, 2021 Census (FSA N2Z)
Pick a time that suits you. A verified local agent confirms within 24h.
Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice