22 Alma Street Unit 1

ActiveKincardine · Kincardine505 days on marketMLS® X12029092

$2,199,000

$1,466 / sq ft

Bedrooms8

Bathrooms5

Interior1,500 sq ft

TypeSingle Family Home

ListingFor Sale

Days on Market505

About this property

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.

Features & finishes

View

Air Conditioning

Basement

Property details

MLS® Number	X12029092
Status	Active
Listing Type	For Sale
Property Type	Single Family Home
Interior Size	1,500 sq ft
Beds / Baths	8 bed · 5 bath
Neighbourhood	Kincardine
City	Kincardine
Postal Code	N0G 2T0
Province	ON
Listed Date	March 19, 2025
Days on Market	505
Price per Sq Ft	$1,466
Brokerage	Sutton Group - First Choice Realty Ltd.