22 Alma Street 1, Kincardine, ON N0G 2T0
Kincardine
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.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 22 Alma Street 1, Kincardine, ON N0G 2T0
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MLS# X12029092
Listed by Sutton Group - First Choice Realty Ltd.
On market since Mar 19, 2025
22 Alma Street 1, Kincardine, ON N0G 2T0 is listed for $2,199,000 CAD.
22 Alma Street 1, Kincardine, ON N0G 2T0 has 8 bedrooms and 5 bathrooms.
22 Alma Street 1, Kincardine, ON N0G 2T0 is a Detached.
22 Alma Street 1, Kincardine, ON N0G 2T0 is in Kincardine, Ontario.
22 Alma Street 1, Kincardine, ON N0G 2T0 is currently for sale.
Contact Michael Mezheritsky to arrange a private showing of 22 Alma Street 1, Kincardine, ON N0G 2T0 (MLS# X12029092). You can also send a message through the contact form on this site.
