716 Palmateer Drive, Kincardine, ON

$549,900
MLS#:X12697970
3 beds
2 baths
1100-1500 sqft
4.0 parking
Residential Freehold
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Property no longer active

This property was sold on February 18, 2026. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Kincardine. Expertly crafted featuring premium brick and aluminum siding construction, this residence presents an exceptional opportunity offered at $549,900 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 1100-1500 sqft on a premium 47.24 x 135.63 ft lot
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Sump Pump, Water Heater Owned
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Lovely well-maintained raised bungalow on pretty Palmateer Drive in Kincardine! This perfect family home sits on a large picturesque ravine lot backing onto the gorgeous walking trails along the Penetangore River. Featuring 3 bedrooms and 2 updated bathrooms, as well as natural gas forced air, central air and newer appliances, hot water tank, light fixtures, flooring, garage door and exterior doors. Spacious rear deck was sanded and freshly stained in 2024 and overlooks the private serene back yard, with tasteful landscaping and is fully fenced for children or pets. The main floor has an open concept living and dining room, and the efficient kitchen features a large island for extra prep space, with seating for breakfast or homework! The stylish main floor bathroom features double sinks, a large storage cabinet for linens, and is shared by the 3 comfortable bedrooms. The lower level family room is bright and cozy with a rustic fieldstone feature wall, and large windows filling the space with natural light. Completing this level is a convenient 2-pc bath, laundry/utility room with ample cabinets for storage, and a bonus room - potential 4th bedroom, office or gym! Ideally located on a low-traffic street, in a quiet family-friendly neighbourhood, walking distance to schools, recreation centre and downtown. An affordable move-in ready home in the highly desirable community of Kincardine, close to Bruce Power, Lake Huron, beautiful beaches, and our world-famous sunsets!

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Property Summary

This detached home located at 716 Palmateer Drive, Kincardine is currently for sale and has been available on SousaSells for 185 days. This property is listed at $549,900 with an estimated mortgage of $1,830* per month. It has 3 beds, 2 bathrooms, and is 1100-1500 square feet. 716 Palmateer Drive, 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
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateFebruary 18, 2026
Sold price information is available to members only
Listed Date1/14/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionBrick, Aluminum Siding
BasementFinished
Lot Size47.24 × 135.63 Feet
CountyBruce
Annual Tax$3,997.43
Legal DescriptionLT 15 PL M34 MUNICIPALITY OF KINCARDINE

Parking & Garage

Parking Total4.0
Parking Space3
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Beach, Greenbelt/Conservation, Rec./Commun.Centre, Ravine, School

Interior Features

Sump Pump, Water Heater Owned

Security Features

Community Features

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Location

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716 Palmateer Drive, 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 716 Palmateer Drive, Kincardine, ON N2Z 1R3

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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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$164,970 (30.0%)
* Minimum Canadian down payment required for this price is $29,990.
Amortization Period30 Years
Estimated Monthly Payment$1,830Based on a loan of $384,930 over 30 years.
Purchase Price$549,900
Loan Amount$384,930
Provincial Land Transfer Tax:$7,473
Total Estimated Closing Taxes:$7,473

About Purchasing a Home in Kincardine, ON

For a property listed at $549,900 in Kincardine, the legal minimum down payment is $29,990 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 $7,473 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 $7,473.

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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.