22 Alma ST #1, Kincardine, ON N0G 2T0
22 Alma ST #1, Kincardine, ON N0G 2T0
22 Alma ST #1, Kincardine, ON N0G 2T0
22 Alma ST #1, Kincardine, ON N0G 2T0
22 Alma ST #1, Kincardine, ON N0G 2T0
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$ 2,199,000
Est. payment | /mo

8 Beds

5 Baths


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$ 2,199,000
Est. payment | /mo
Save

8 Beds

5 Baths

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

Subdivision Kincardine

MLS Listing ID X12029092

Style Bungalow

Bedrooms 8

Annual Tax Amount $1

Tax Year 2025

Property Sub-Type Detached

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.

Location

State ON

County Bruce

Area Bruce

Rooms

Family Room Yes

Basement Walk-Up, Full

Kitchen 5

Separate Den/Office 2

Interior

Interior Features Air Exchanger, Carpet Free, ERV/HRV, Guest Accommodations, In-Law Suite

Cooling Central Air

Fireplace No

Heat Source Gas

Exterior

Exterior Feature Backs On Green Belt, Porch

Parking Features Private Triple

Garage Spaces 3.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 40.48

Lot Depth 47.09

Total Parking Spaces 7

Building

Building Age New

Foundation Poured Concrete

Others

ParcelsYN No

Listed by Sutton Group - First Choice Realty Ltd.

Nearby Locations

A.J Paima Realtor

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22 Alma ST #1