16 Philip Place, Unit 16, Kincardine, ON

$389,000
MLS#:X12164529
3 beds
2 baths
1000-1199 sqft
2.0 parking
Residential Condo & Other
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Property no longer active

This property was sold on June 7, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Multi-Level condo townhouse located in the coveted neighborhood of Kincardine. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $389,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1000-1199 sqft
  • Features a finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient built-in configuration
  • Notable attributes: Water Heater Owned
  • equipped with window unit(s) central cooling and highly efficient baseboard heating via electric

Description

Welcome to 16 Philip Place! This well maintained townhome features 3 bedrooms and 2 bathrooms, with a few upgrades completed over the years. Improvements include a newer kitchen and the removal of the wall between the kitchen and dining area, enhancing natural light and creating an open-concept atmosphere. A cozy propane stove has also been added to the living room for added warmth. The upper level showcases three well-sized bedrooms and a four-piece bathroom, with the primary bedroom offering ample space and wall-to-wall closets. The lower level includes a convenient 2-piece bathroom and a den with a patio door that leads to a private terrace, complete with an awning for shade on those warm summer days. The condominium corporation has made significant upgrades to the units, including a metal roof, newer windows and R16 garage doors for all units. An added bonus for these units is that water and sewer fees are included in the condo fees. This home is conveniently situated just a short walk from grocery stores, a pharmacy, restaurants, and the Bruce Power MCR Training Centre. Come take a look!

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Property Summary

This townhouse located at 16 Philip Place, Kincardine is currently for sale and has been available on SousaSells for 422 days. This property is listed at $389,000 with an estimated mortgage of $1,295* per month. It has 3 beds, 2 bathrooms, and is 1000-1199 square feet. 16 Philip Place, Kincardine is in the Kincardine neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1000-1199 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateJune 7, 2025
Sold price information is available to members only
Listed Date5/22/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Townhouse
Architectural StyleMulti-Level
ConstructionBrick, Vinyl Siding
BasementFinished with Walk-Out
CountyBruce
Annual Tax$2,021.48

Parking & Garage

Parking Total2.0
Parking Space1
Garage TypeBuilt-In

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
CoolingWindow Unit(s)

Features

Property Features

Skiing, Rec./Commun.Centre, School, School Bus Route, Marina, Beach

Interior Features

Water Heater Owned

Security Features

Community Features

Location

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16 Philip Place, Unit 16, Kincardine, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 16 Philip Place 16, Kincardine, ON N2Z 2E6

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Kincardine.

Configure Loan Settings

Interest Rate4.00%
Down Payment$116,700 (30.0%)
* Minimum Canadian down payment required for this price is $19,450.
Amortization Period30 Years
Estimated Monthly Payment$1,295Based on a loan of $272,300 over 30 years.
Purchase Price$389,000
Loan Amount$272,300
Provincial Land Transfer Tax:$4,310
Total Estimated Closing Taxes:$4,310

About Purchasing a Home in Kincardine, ON

For a property listed at $389,000 in Kincardine, the legal minimum down payment is $19,450 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $4,310 for this transaction. As this listing is in Kincardine (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $4,310.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Kincardine, Kincardine.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$780,837

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

St Anthony's
Public709 Russell Street, Kincardine, Ontario, N2Z 1R1
5.1
Huron Heights
Public785 Russell Street, Kincardine, Ontario, N2Z 1S7
6.5
Elgin Market
Public305 Queen Street, Kincardine, Ontario, N2Z 2R6
7.0

Secondary Schools

Kincardine
Public885 River Lane, Kincardine, Ontario, N2Z 2B9
7.1

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.