$977,000
2.80 Acre Lot

48 KING Street, Tiverton, Ontario N0G2T0

  • Residential Property Type
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:58395)

Listing Stats
Residential
for Sale
40625157
$977,000
2.80 Acre
Active
$0
Features
: None
: Municipal sewage system
: Electricity
Location
Canada
ON
Tiverton
Kincardine
N0G2T0
KING
48
Street
W82° 27' 34''
N44° 16' 14.8''
MLS Details
Active
$0
Additional Information
2.8
: Municipal water
: Country residential
Financial
$2,864
Listing Information
2024-07-30T15:45:36Z
Guelph & District Association of REALTORS®
2024-07-30T15:37:14Z
Address Map
On East Side of King Street
Basic Details
Vacant Land
Review
Overall
0 Votes
100 0.0 0
Check-in
0 Votes
Communication
0 Votes
Location
0 Votes
Value
0 Votes
Accuracy
0 Votes
Cleanliness
0 Votes
You don't have access to post a review!
Load More
Contact info
Inquire about this property
Mortgage Calculator
$
%
years
%
%per year
%per year
$
Contact Us
Info@Realtyna.com (302) 525 8222