1 - 22 ALMA STREET, KINCARDINE

2025-03-19
 

Quick Summary

Location
1 - 22 ALMA STREET, KINCARDINE, Ontario N0G2T0
Price
$2,199,000 CAD
Status:
For Sale
Property Type:
Single Family
Area:
1500 - 2000 sqft
Bedrooms:
6 bed +2
Bathrooms:
5
Garages:
7

MLS®#X12029092

Property Description

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. (id:32467)

Property Features

Building

  • Appliances: Water meter
  • Architectural Style: Bungalow
  • Basement Features: Walk-up
  • Basement Type: Full
  • Construction Style: Detached
  • Cooling Type: Central air conditioning, Air exchanger
  • Exterior Finish: Vinyl siding, Aluminum siding
  • Fireplace: No
  • Interior Size: 1500 - 2000 sqft
  • Building Type: House
  • Stories: 1
  • Utility Water: Municipal water

Features

  • Feature: Backs on greenbelt, Carpet Free, Guest Suite, In-Law Suite

Land

  • Land Size: 40.5 x 47.1 M|1/2 - 1.99 acres
  • Sewer: Sanitary sewer

Ownership

  • Type: Freehold

Structure

  • Structure: Porch

Zoning

  • Description: R3

Information entered by Sutton Group - First Choice Realty Ltd.
Listing information last updated on: 2026-06-30 16:00:47


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How much could you save in commission selling with One Percent Realty?

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$500,000

Your One Percent Realty Commission savings

$500,000

Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 5% + HST . Not all agents charge the same.

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