1 - 22 Alma Street Kincardine, Ontario N0G 2T0
$2,199,000
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:59126)
Property Details
| MLS® Number | X12029092 |
| Property Type | Single Family |
| Community Name | Kincardine |
| Features | Backs On Greenbelt, Carpet Free, Guest Suite, In-law Suite |
| Parking Space Total | 7 |
| Structure | Porch |
Building
| Bathroom Total | 5 |
| Bedrooms Above Ground | 6 |
| Bedrooms Below Ground | 2 |
| Bedrooms Total | 8 |
| Age | New Building |
| Appliances | Water Meter |
| Architectural Style | Bungalow |
| Basement Features | Walk-up |
| Basement Type | Full |
| Construction Style Attachment | Detached |
| Cooling Type | Central Air Conditioning, Air Exchanger |
| Exterior Finish | Vinyl Siding, Aluminum Siding |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 1 |
| Size Interior | 1,500 - 2,000 Ft2 |
| Type | House |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 47.09 M |
| Size Frontage | 40.48 M |
| Size Irregular | 40.5 X 47.1 M |
| Size Total Text | 40.5 X 47.1 M|1/2 - 1.99 Acres |
| Zoning Description | R3 |
Parking
| Detached Garage | |
| Garage |
https://www.realtor.ca/real-estate/28045992/1-22-alma-street-kincardine-kincardine
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June 30 2026 04:00:47
The Lakelands Association of REALTORS®
