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David Bradica

david@davidbradica.com +1(905) 203-1777

Est. payment - /mo

11 Beds

6 Baths

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Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3000-3500

Subdivision Kincardine

MLS Listing ID X13428264

Style Other

Bedrooms 11

Annual Tax Amount $5,227

Tax Year 2025

Property Sub-Type Multiplex

Property Description

INVESTORS, THIS IS THE ONE YOU'VE BEEN WAITING FOR. Everyone talks about investing where people want to live. We prefer investing where people need to live. A rare opportunity to acquire a purpose-built six plex in one of Bruce County's strongest rental markets. Located just minutes from Bruce Power, one of Ontario's largest employers and a major economic driver for the region, this income-producing property is positioned to benefit from continued demand for quality rental housing. With thousands of employees, contractors, and support industries working throughout the area, the need for rental accommodation remains strong and consistent. This solid brick multi-residential building features six residential units, stable tenancy, municipal services, ample on-site parking, and numerous updates completed over the years. Improvements include flooring, bathroom renovations, stairwell upgrades, and ongoing capital maintenance, providing investors with a well-maintained asset and future upside potential.Situated on a mature lot, tenants enjoy conveniences walking distance away. Plus the beautiful Lake Huron shoreline, while remaining close to one of the region's largest employment hubs. Whether you're looking to expand an existing portfolio or secure your first multi-family investment, this property offers the fundamentals investors seek: strong rental demand, solid construction, reliable income, and long-term growth potential. The real magic is in the numbers. With an attractive cap rate and strong income performance, this is the type of opportunity serious investors are always searching for. Opportunities like this are becoming increasingly rare in the Bruce Power corridor. Financial information is available to qualified buyers. Reach out to your Realtor today to review the numbers and discover why 67 King Street may be the next smart addition to your investment portfolio.

Location

Province ON

County Bruce

Area Bruce

Zoning R7

Rooms

Family Room No

Basement Walk-Up, Full

Kitchen 6

Separate Den/Office 3

Interior

Interior Features Water Heater Owned, Storage Area Lockers, Separate Hydro Meter, Primary Bedroom - Main Floor, Guest Accommodations

Cooling Wall Unit(s), Window Unit(s)

Inclusions 6 fridges, 6 stoves, 6 Built-in Microwaves, Smoke Detector, Hot Water Tank Owned

Exterior

Exterior Feature Porch, Year Round Living

Parking Features Tandem, Private Triple, Private

Garage Spaces 1.0

Pool None

View Trees/Woods, Downtown

Roof Type Asphalt Shingle

Lot Frontage 120.3

Lot Depth 148.5

Total Parking Spaces 7

Building

Building Age 51-99

Foundation Concrete Block

Others

Senior Community Yes

Security Features Smoke Detector

ParcelsYN Yes

Virtual Tour https://tour.giraffe360.com/b1bbd0b751e04aa98837a24878660dfe

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Listed by Royal LePage RCR Realty

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David Bradica

+1(905) 203-1777

Broker of Record

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67 King ST Kincardine, ON N0G 2T0

David Bradica

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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67 King ST

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