48 KING Street Active

Tiverton,ON N0G2T0

$ 977000

- Bed

- Bath

0 SqFt


Key Details

Property Type Vacant Land

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Subdivision Kincardine

MLS Listing ID 40625157

Originating Board Guelph & District Association of REALTORS®

Lot Size 2.800 Acres

Acres 121968.0

Property Description

This exceptional parcel presents a unique development opportunity, where vision meets demand in the heart of Tiverton. As an investor or developer, this property represents a strategic acquisition in an area poised for significant growth. The existing infrastructure, including the availability of municipal sewer and water, enhances the site's development potential, reducing preliminary project costs and complexities. Currently hosting an old house and a well-maintained storage shed, the land offers immediate utility while planning for future development. The driveway features a 330-foot long, 25-foot wide road owned by Kincardine Municipality, providing a unique advantage. For potential buyers looking to maximize the property's potential, subdividing the front portion could dramatically increase its frontage, offering enticing possibilities for diverse and profitable development projects. Whether you're looking to build a quaint neighborhood of single family homes, create a community of semi-detached residences, or erect a modern apartment complex, this property can accommodate various development projects. The proximity to major local employers like Bruce Power and the thriving towns of Port Elgin and Kincardine adds to the appeal, ensuring a steady demand for residential units. This makes it an excellent prospect for long-term investment. Capitalize on the growth trajectory of Tiverton with this versatile and promising land. Act now to transform this site into a thriving residential hub in one of the most sought-after areas for new homes. **The estate is strategically divided, with one half zoned for R1 residential purposes, while the remaining portion is reserved for potential developmental endeavors.** (id:24570)

Location

Province ON

Exterior

Garage No

Waterfront No

View Y/N No

Private Pool No

Building

Sewer Municipal sewage system

Others

Ownership Freehold

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