535 Russell Street
Kincardine, ON
MLS® 40370888
For sale $399,000
This large lot close to downtown Kincardine, Ontario has incredible potential for development into a beautiful multi-family package. With its generous size, the lot offers ample space to build multiple units, creating an attractive investment property with great earning potential. While the current home on the lot may be salvageable, the severance process has begun, allowing for the possibility of a fresh start and the creation of a new and modern multi-family development. With the right vision and investment, this lot could become a highly sought-after living space for families and individuals seeking quality and comfort in a vibrant community. The possibilities are endless, making this a truly wonderful opportunity for anyone looking to invest in real estate.. Plans have been drawn for a semi-detached (by garage) two storey unit(s). The potential for this corner lot is amazing. Check out the video by clicking the Multi-media link below. The house, well, watch the video and you will see. If you really are in-love with this home, perhaps you can use your ingenuity, carpentry experience and of course funding resources to renovate and bring it back to its glory days. But as mentioned, in my opinion the best thing for it, is to take it down and repurpose the materials!
Property Details
Listing Contract Date
2023-01-30
2023-01-30
Property Type
Land
Land
Community Features
Urban
Airport
Beach
City Lot
Hospital
Industrial Park
Major Highway
Rec./Community Centre
Shopping Nearby
Building
Building Type
Residential
Residential
Sewer
Sewer (Municipal)
Sewer (Municipal)
Water Source
Municipal-Metered
Municipal-Metered
Land
Lot Depth
146.7 ft
146.7 ft
Lot Front
74.20 ft
74.20 ft
Acres
< 0.5 Acres
< 0.5 Acres
Zoning
R1
R1
HoodQ

Jason Steele
Broker
RE/MAX Four Seasons Realty Limited, Brokerage
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Last Updated: 2023-05-03 19:45:53