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769 PRINCES Street N, Kincardine — listed at $800,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Expand your investment portfolio with this well-maintained brick multi-plex in central Kincardine. Featuring five (+1) fully rented one-bedroom units, the property offers an established rental income stream in a convenient, downtown location. Just steps from Victoria Park, tenants can enjoy everything Kincardine has to offer. Updates over the years include; a Natural Gas Boiler (2015), roof shingles (2012), water heater (2019), exterior paint (2018), several kitchen renovations, paint and flooring improvements. Separate hydro meters for five units. With its central location and proximity to Bruce Power, this property presents an appealing opportunity for investors seeking long or short-term rental income. Showings require a minimum of 24 hours' notice. (id:60164)
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $5,754.81, heating is natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
What's the parking situation?+
This property includes 8 spaces.
Is there air conditioning?+
No central cooling is listed. Budget for portable or window units, or get a quote for adding central air — typically $5,000–$10,000 installed.
How is the home heated? Is it efficient?+
Heating is natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
How is the space laid out across floors?+
This is a 2-storey multi-family. The 0 bedrooms and 0 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
Does it have a basement, and is it finished?+
Yes — Unfinished, Partial. A finished basement adds meaningful living space beyond the listed square footage.
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