22 Alma Street 1,Kincardine, ON N0G 2T0
Kincardine, ON N0G 2T0
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.
Details
| MLS # | X12029092 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Price Change |
| Year | 0 |
| Days On Site | 526 |
| Listing Provided By | Sutton Group - First Choice Realty Ltd. | X12029092 566900 |
Features
| Bed(s) | 8 |
|---|---|
| Bath(s) | 5 |
| Garage | 3 |
| Basement | Y |
| Acreage | 0.04 |
Interior
| Interior Features | Air Exchanger, Carpet Free, ERV/HRV, Guest Accommodations, In-Law Suite |
|---|---|
| Cooling | Central Air |
| Heat Source | Gas |
| Fireplace Yes / No | No |
Exterior
| Exterior Features | Backs On Green Belt, Porch |
|---|---|
| Roof | Asphalt Shingle |
| Foundation Details | Poured Concrete |
| Construction Materials | Vinyl Siding, Aluminum Siding |
Parking
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Private Triple |
Utilities
| Sewer | Sewer |
|---|
Taxes
| Tax Annual Amount | 1 |
|---|---|
| Tax Assessed Value | 377000 |
| Tax Legal Description | LOTS 6, 7, 8, 9, 10 E/S VICTORIA ST, LOTS 6, 7, 8, 9, 10 W/S ALBERT ST, PLAN INVERHURON, PARTS 1, 2, 3 3R10609 SUBJECT TO AN EASEMENT IN GROSS OVER PART 2 3R10609 AS IN BR153788 MUNICIPALITY OF KINCARDINE |
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| County | Bruce |
| City | Kincardine |
| Postal Code | N0G 2T0 |
| Area | Kincardine |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Bruce |
| City | Kincardine |
| Postal Code | N0G 2T0 |
| Area | Kincardine |
