$7,600,000
For sale: Vacant Land

Investors, builders and developers, don't miss out on this amazing property. This 40 acre site in Kincardine is perfectly positioned for commercial and urban development. Only minutes to downtown and the beautiful beaches on Lake Huron. This property has two developable parcels divided by the Penetangore River. One parcel fronting on Kincardine Ave.(approx. 8 developable acres) and the other fronting on Highway 21, (approx. 11 developable acres). Seize this opportunity to influence the future of one of Ontario's fastest growing municipalities. In the Official Plan, the 8 acre parcel is designated for Commercial. The 11 acre parcel is designated as Residential, but since it is on the Highway the Municipality should be favourable for Commercial.
Sold data
Homes in Kincardine took a median of 44 days to sell over the last 90 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 81, across 69 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 52 days.
The median sale price was $645,000.
Homes sold for about 2.9% below asking on average, so there was room to negotiate.
About 6% of sales closed above the list price.
Around 32% of sellers reduced their price before finding a buyer.
Based on 69 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Kincardine has 4 Fraser Institute–rated schools (3 elementary and 1 secondary), averaging 6.4/10.
School ratings from the Fraser Institute's Ontario school report cards.
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