741 Broadway Street

Kincardine · MLS® X13416146

Land · Vacant Land · 138 days on market

listed by RENATE SIEBER-SCHLEGEL, RE/MAX Land Exchange Ltd

realtor's description

Prime development site of 5.5 acres, 741 Broadway, Kincardine. An exceptional and rare development opportunity in the heart of Kincardine. Located at the prominent intersection of Highway 21/Hwy.9, this visibly 5.5 acre site offers unmatched accessibility and exposure for the landmark residential development. Services as water, sewer, hydro at lot line. The property is site specific permitting up to 195 residential units. Ideally suited for condominiums, apartments, long term care facility. The approved framework supports development across up to four separate stages offering developers the flexibility to phase construction in alignment with market conditions and financing timelines. Opportunities of this calibre are seldom available. Qualified developers and investors are encouraged to call your realtor to discuss this outstanding offering

property details

type: Land, Vacant Land
parking: 0
property tax: $9,581 / yr
days on market: 138
MLS®: X13416146

monthly cost

$18,008/mo

Mortgage $17,210 · Tax $798

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$17,210/ monthly

loan $3,160,000

25-year amortization

down payment20% · $790,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 25, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $2,002,931
cash to close: $790,000; down payment; transfer tax and fees not included
total paid: $5,162,931

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.