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$449,900
Kingsville
36 Pearl Street, Kingsville, Ontario, N9Y1V3
This 3-bedroom, 3-bathroom home in Kingsville is for sale. Listed at $449,900, it is attractively priced about 38% below the $729,900 median asking price in Kingsville.
ATTENTION INVESTORS & DEVELOPERS! Exceptional redevelopment opportunity in the heart of Kingsville. Situated on a generous 99' x 131' lot, this property offers tremendous potential for future residential development, subject to municipal approvals. The existing structure was previously configured as a 3-unit residential apartment building and presents an opportunity for renovation, redevelopment, or potential multi-unit residential construction. Ideally located within close proximity to downtown Kingsville, schools, parks, shopping, and other amenities, this property is positioned in one of Essex County's most desirable and rapidly growing communities. Buyers are encouraged to conduct their own due diligence regarding zoning, permitted uses, redevelopment opportunities, servicing, and municipal requirements. The existing dwelling is being sold in ""As Is, Where Is"" condition with no representations or warranties by the Seller. The property currently has no heating or cooling system installed. A rare opportunity to acquire a sizeable in-town lot with significant upside potential in a thriving market. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 140 days on market, against an average age of 68 days across the listings currently for sale in this city
This 3-bed single family in Kingsville is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $449,900, about 5.0× the local median household income of $90,000.
Carrying it typically needs a household income of about $87,881 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA N9Y)
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Loading rates, 30-yr amortization
Cash Needed to Close
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