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    For Sale - 433 Broadway Street, Kincardine, Ontario

    Est payment $3,342/mo
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    Time on Jump  40 day

    AI Summary *

    • Flexible duplex in the heart of Kincardine, close to downtown and parks.
    • Two self-contained units: a bright 2-bedroom and a furnished 3-bedroom suite.
    • Recent updates include new windows, boiler, and upgraded electrical systems.
    • Strong rental appeal with potential for dependable income generation.
    • Commercial zoning offers options for mixed-use or business potential.




    Whether a savvy investment, first time buyer, or to add to your portfolio? 433 broadway street delivers a rare opportunity to own a flexible, income-generating duplex in the heart of kincardine, just steps from downtown amenities, parks, and the breathtaking lake huron waterfront. This solid two-storey triple-brick property offers nearly 2,000 sq. Ft. Of finished living space with two fully self-contained residential units. The main level features a bright 2-bedroom suite with spacious living areas and full kitchen, while the furnished upper level offers a 3-bedroom suite with radiant heating, strong rental appeal, and a newly installed washer and dryer complete with a 5-year extended warranty. Whether you are an investor seeking dependable income or a homeowner looking to offset ownership costs, have a business? Operate out of the lower unit of this property. Overall this property offers exceptional versatility in a high-demand location, complete with six total parking spaces (four on south side, two on north side). Extensively updated with major infrastructure improvements, the property features all new clera windows installed in 2021, a mid-efficiency natural gas boiler servicing both units installed in 2021, upgraded electrical, enhanced insulation including r60 attic insulation, spray foam insulation improvements, and updated plumbing and underground hydro services. Generating approximately $35,500 in average annual net operating income, the property reflects an estimated 5. 1% cap rate at the current offering price, presenting a strong opportunity for investors seeking both stability and long-term appreciation. Separate hydro and water meters and commercial zoning further enhance flexibility for mixed-use or business potential, subject to approvals. A detailed five-year history of expenses, updates, and upgrades will be available for buyers to review, making this a standout investment and lifestyle opportunity in beautiful kincardine.
    Listing IDX12806440
    Address433 Broadway Street
    CityKincardine, Ontario
    Price$695,900
    Bed / Bath5 / 2 Full
    Style2-Storey, Duplex
    ConstructionBrick
    TypeMulti-Family
    StatusFor Sale

    Subtype DuplexIndoor Features Primary Bedroom - Main Floor, Guest Accommodations, Upgraded Insulation, Water Heater Owned, Storage, Carpet FreeOutdoor Features Porch, Privacy, Lighting, Year Round Living, Paved YardOwnership FreeholdBasement Exposed Rock, FullFoundation Concrete, StoneHeating / Cooling RadiantHeating Fuel GasSewer Sewer

    Parking 6.00
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    Listing Agency:  Wilfred McIntee & Co Limited

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    433 Broadway Street
    Kincardine , Ontario
    5 2 $695,900
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