For Sale: 1-22 Alma Street, Kincardine, ON - REW
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$2,199,000
8 bd • 5 ba • 1500 - 1999 sf • House
1-22 Alma Street
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$2,199,000
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1 - 22 Alma StreetKincardine, ON, N0G 2T0

  • 8 Bed
  • 5 Bath
  • 1500 - 1999 Sqft
  • House

About this home

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:63626)
Listed by: GEOFFREY NEIL CHENEY, Salesperson, Sutton Group - First Choice Realty Ltd.

Home facts and features

Price details
List Price
$2,199,000
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Gross Taxes for 2025
$1
Home facts
Bedrooms
8
Full Bathrooms
5
Parking Spaces
7
Parking Details
Detached Garage, Garage
Property Type
House
Depth
47.1 M
Frontage
40.48 meters
Title
Freehold
Style
Bungalow
Exterior Finish
Aluminum siding, Vinyl siding
Heating Type
Forced air, Natural gas
Cooling
Central air conditioning, Air exchanger
Basement Details
Full, Walk-up
Features
Backs on greenbelt, Carpet Free, In-Law Suite
Appliances
Water meter
Agent details
Primary Agent
Primary Broker
Sutton Group - First Choice Realty Ltd.
Listing details
Days on REW
242 Days
Property Views
11
MLS® Number
X12029092
Source
Canadian Real Estate Association
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Call Agent
Salesperson
GEOFFREY NEIL CHENEY
Phone:
(519) 949-4949
Cell:
519-949-4949
Office:
519-271-5515
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