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$695,900
Available - For Sale
Listing ID: X12806440
Whether a savvy investment, first time buyer, or to add to your portfolio? 433 Broadway Street delivers a rare opportunity to own a flexible, income-generating duplex in the heart of Kincardine, just steps from downtown amenities, parks, and the breathtaking Lake Huron waterfront. This solid two-storey triple-brick property offers nearly 2,000 sq. ft. of finished living space with two fully self-contained residential units. The main level features a bright 2-bedroom suite with spacious living areas and full kitchen, while the furnished upper level offers a 3-bedroom suite with radiant heating, strong rental appeal, and a newly installed washer and dryer complete with a 5-year extended warranty. Whether you are an investor seeking dependable income or a homeowner looking to offset ownership costs, have a business? Operate out of the lower unit of this property. Overall this property offers exceptional versatility in a high-demand location, complete with six total parking spaces (four on South side, two on North side).Extensively updated with major infrastructure improvements, the property features all new Clera windows installed in 2021, a mid-efficiency natural gas boiler servicing both units installed in 2021, upgraded electrical, enhanced insulation including R60 attic insulation, spray foam insulation improvements, and updated plumbing and underground hydro services. Generating approximately $35,500 in average annual net operating income, the property reflects an estimated 5.1% cap rate at the current offering price, presenting a strong opportunity for investors seeking both stability and long-term appreciation. Separate hydro and water meters and commercial zoning further enhance flexibility for mixed-use or business potential, subject to approvals. A detailed five-year history of expenses, updates, and upgrades will be available for buyers to review, making this a standout investment and lifestyle opportunity in beautiful Kincardine.
Price $695,900
Taxes: $4,240
Assessment Year: 2025
Occupancy by: Tenant
Address: 433 Broadway Street , Kincardine, N2Z 2G5, Bruce
Directions/Cross Streets: Broadway Street
Rooms: 14
Rooms +: 8
Bedrooms: 3
Bedrooms +: 2
Washrooms: 2
Family Room: T
Basement: Exposed Rock
Full
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Ground Foyer 5.08 5.67
Room 2: Ground Kitchen 17.91 9.58
Room 3: Ground Living Ro 24.01 19.16
Room 4: Ground Bedroom 14.24 16.20
Room 5: Ground Bedroom 2 12.60 12.17
Room 6: Ground Bathroom 8.00 7.15
Room 7: Second Kitchen 10.99 7.18
Room 8: Second Living Ro 16.01 18.99
Room 9: Second Dining Ro 8.00 3.41
Room 10: Second Bedroom 12.00 12.50
Room 11: Second Bathroom 4.59 6.99
Room 12: Second Bedroom 2 8.82 7.87
Room 13: Second Bedroom 3 8.43 10.00
Room 14: Second Foyer 8.99 6.99
No. of Pieces Level
Washroom 1:  3 Upper
Washroom 2:  4 Main
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Property Type: Duplex
Style: 2-Storey
Exterior: Brick
Garage Type: None
(Parking/)Drive: Front Yard
Drive Parking Spaces: 6
Park #1
Parking Type: Front Yard
Park #2
Parking Type: Front Yard
Park #3
Parking Type: Private
Pool: None
Approximatly Age: 100+
Approximatly Square Footage: 2500-3000
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: Y
Heat Type: Radiant
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Elevator Lift: False
Sewers: Sewer
Utilities-Cable: A
Utilities-Hydro: Y
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Wilfred McIntee & Co Limited

433 Broadway Street , Kincardine, N2Z 2G5, Bruce

Personal Picture
MD Ashraful Bari
Broker
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647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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Type: Freehold - Duplex
Area: Bruce
Municipality: Kincardine
Neighbourhood: Kincardine
Style: 2-Storey
Lot Size: x 165.00(Feet)
Approximate Age: 100+
Tax: $4,240
Maintenance Fee: $0
Beds: 3+2
Baths: 2
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

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HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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