This lot in Kincardine is for sale offering roughly 2 sq ft of space.

Description

Proudly presenting Parkside Woods, Inverhuron. This is an ~ 2.0 acre development lot (pending final approval) for a legacy mixed use commercial/residential development opportunity on the doorstep of Inverhuron Provincial Park and Bruce Power. Pending finalized municipal approval; the ~ 2.0 acre site can accommodate, up-to, 22 residential suites and 2 commercial suites with sufficient surface parking for the development. The proposed building is required to be designed by a registered building professional in conformance with the Ontario Building Code and municipal zoning and a separate site plan agreement will be required. Offers are welcome anytime pending final approval. (id:66096)

Property Details

MLS®: X12019182
Property Type: Vacant Land
Zoning: R4-n
Interior Size: 2 ft²
Lot Size: 1.86 acres
Frontage: 305 ft
Price per Acre: $806,448 per acre
Property Tax: $1/yr
Listed: 600 days ago

Features

Lot Features: Conservation/green belt

Services

Water: Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

600d

Kincardine listings, avg age

133d

Price / ft²

$750,000

List price

$1.50M

Haho

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Listed by Sutton Group - First Choice Realty Ltd. · GEOFFREY NEIL CHENEY

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N0G)

This home lists at $1,500,000, about 18.1× the local median household income of $83,000.

Carrying it typically needs a household income of about $293,003 (20% down, 25-yr amortization, stress-tested) — roughly 253% above the area median.

Median household income: $83,000
Population: 86,935
Median age: 40.8
Owner / renter: 80% / 20%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA N0G)

$1,500,000· $750,000/ft²

For sale

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Financing

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#14 22 Alma Street, Kincardine - Vacant Land for Sale