741 Broadway Street, Kincardine, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of Kincardine. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $3,950,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Generous living space spanning < 700 sqft on a premium 520.67 x 463.48 ft lot
- Notable attributes: None
Description
Prime development site of 5.5 acres, 742 Broadway, Kincardine. An exceptional and rare development opportunity in the heart of Kincardine. Located at the prominent intersection of Highway 21/Hwy.9, this visibly 5.5 acre site offers unmatched accessibility and exposure for the landmark residential development. Services as water, sewer, hydro at lot line. The property is site specific permitting up to 195 residential units. Ideally suited for condominiums, apartments, long term care facility. The approved framework supports development across up to four separate stages offering developers the flexibility to phase construction in alignment with market conditions and financing timelines. Opportunities of this calibre are seldom available. Qualified developers and investors are encouraged to call your realtor to discuss this outstanding offering
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 741 Broadway Street, Kincardine, ON N2Z 2G1
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Kincardine, ON
For a property listed at $3,950,000 in Kincardine, the legal minimum down payment is $790,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $85,225 for this transaction. As this listing is in Kincardine (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $85,225.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
