Milad Akrami
Sales Representative
Soltanian Real Estate, Brokerage
Independently owned and operated.
175 Willowdale Ave Suite 100, Toronto, Ontario M2N4Y9
Cell: 647-678-7799Office: 647-678-7799
$1,389,900
Available - For Sale
Listing ID: X13764302
67 King Street , Kincardine, N0G 2T0, Bruce
| INVESTORS, THIS IS THE ONE YOU'VE BEEN WAITING FOR! 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. |
| Price | $1,389,900 |
| Taxes: | $5227.00 |
| Occupancy: | Tenant |
| Address: | 67 King Street , Kincardine, N0G 2T0, Bruce |
| Acreage: | < .50 |
| Directions/Cross Streets: | Church St. |
| Rooms: | 20 |
| Rooms +: | 10 |
| Bedrooms: | 8 |
| Bedrooms +: | 3 |
| Family Room: | F |
| Basement: | Walk-Up, Full |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | Main |
| Washroom Type 2 | 4 | Lower |
| Washroom Type 3 | 4 | Second |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Approximatly Age: | 51-99 |
| Property Type: | Multiplex |
| Style: | Other |
| Exterior: | Brick |
| Garage Type: | Detached |
| (Parking/)Drive: | Tandem, Pr |
| Drive Parking Spaces: | 6 |
| Park #1 | |
| Parking Type: | Tandem, Pr |
| Park #2 | |
| Parking Type: | Tandem |
| Park #3 | |
| Parking Type: | Private Tr |
| Pool: | None |
| Other Structures: | None |
| Approximatly Age: | 51-99 |
| Approximatly Square Footage: | 3000-3500 |
| Property Features: | Beach, Park |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Baseboard |
| Central Air Conditioning: | Wall Unit(s |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Elevator Lift: | False |
| Sewers: | Sewer |
| Utilities-Cable: | Y |
| Utilities-Hydro: | Y |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| Royal LePage RCR Realty |
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|
Milad Akrami
Sales Representative
Dir:
647-678-7799
Bus:
647-678-7799
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At a Glance:
| Type: | Freehold - Multiplex |
| Area: | Bruce |
| Municipality: | Kincardine |
| Neighbourhood: | Kincardine |
| Style: | Other |
| Approximate Age: | 51-99 |
| Tax: | $5,227 |
| Beds: | 8+3 |
| Baths: | 6 |
| Fireplace: | N |
| Pool: | None |
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