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    For Sale - 67 King Street, Kincardine, Ontario

    Est payment $6,674/mo
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    Views   2
    Time on Jump  26 day

    AI Summary *

    • Purpose-built six plex in a strong rental market.
    • Close to Bruce Power, a major regional employer.
    • Well-maintained brick building with stable tenancy.
    • Numerous updates for reliable income and future potential.
    • Walking distance to amenities and Lake Huron shoreline.




    Investors, this is the one you've been waiting for. Everyone talks about investing where people want to live. We prefer investing where people need to live. A rare opportunity to acquire a purpose-built six plex in one of bruce county's strongest rental markets. Located just minutes from bruce power, one of ontario's largest employers and a major economic driver for the region, this income-producing property is positioned to benefit from continued demand for quality rental housing. With thousands of employees, contractors, and support industries working throughout the area, the need for rental accommodation remains strong and consistent. This solid brick multi-residential building features six residential units, stable tenancy, municipal services, ample on-site parking, and numerous updates completed over the years. Improvements include flooring, bathroom renovations, stairwell upgrades, and ongoing capital maintenance, providing investors with a well-maintained asset and future upside potential. Situated on a mature lot, tenants enjoy conveniences walking distance away. Plus the beautiful lake huron shoreline, while remaining close to one of the region's largest employment hubs. Whether you're looking to expand an existing portfolio or secure your first multi-family investment, this property offers the fundamentals investors seek: strong rental demand, solid construction, reliable income, and long-term growth potential. The real magic is in the numbers. With an attractive cap rate and strong income performance, this is the type of opportunity serious investors are always searching for. Opportunities like this are becoming increasingly rare in the bruce power corridor. Financial information is available to qualified buyers. Reach out to your realtor today to review the numbers and discover why 67 king street may be the next smart addition to your investment portfolio.
    Listing IDX13428264
    Address67 King Street
    CityKincardine, Ontario
    Price$1,389,900
    Bed / Bath11 / 6 Full
    StyleOther, Multiplex
    ConstructionBrick
    Land Size0.406
    TypeMulti-Family
    StatusFor Sale

    Subtype MultiplexIndoor Features Water Heater Owned, Storage Area Lockers, Separate Hydro Meter, Primary Bedroom - Main Floor, Guest AccommodationsOutdoor Features Porch, Year Round LivingAmenities Beach, Park, Wooded/TreedOwnership FreeholdViews Trees/Woods, DowntownBasement Walk-Up, FullFoundation Concrete BlockHeating / Cooling BaseboardHeating Fuel ElectricSewer Sewer

    Parking 7.00
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    Listing Agency:  Royal LePage RCR Realty

    * 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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    67 King Street
    Kincardine , Ontario
    11 6 $1,389,900
    Get more info