755 Palmateer Drive, Kincardine, ON

$419,900
MLS#:X12329301
2 beds
2 baths
700-1100 sqft
4.0 parking
Residential Freehold
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Property no longer active

This property was sold on October 20, 2025. 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 vinyl siding construction, this residence presents an exceptional opportunity offered at $419,900 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.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 700-1100 sqft on a premium 55 x 125 ft lot
  • Features a partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available
  • Notable attributes: Water Heater Owned
  • Efficient forced air heating via gas

Description

This affordable 2 bedroom(Easily converted back to 3 Bedroom), 2 baths raised bungalow is located on a quiet street near schools, churches and walking trails amongst other things. There is a forced air gas furnace as well as a gas fireplace in the family room to keep you warm on those cold winter nights. You can overlook the fully fenced back yard with fruit trees from the 10'x16' deck which has a permanent canopy covering it for extended use. Lots of parking with the paved double driveway. This is an ideal starter home or perhaps income property!

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Property Summary

This detached home located at 755 Palmateer Drive, Kincardine is currently for sale and has been available on SousaSells for 345 days. This property is listed at $419,900 with an estimated mortgage of $1,398* per month. It has 2 beds, 2 bathrooms, and is 700-1100 square feet. 755 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
2
Bathrooms
2
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 20, 2025
Sold price information is available to members only
Listed Date8/7/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionBrick, Vinyl Siding
BasementPartially Finished
Lot Size55 × 125 Feet
CountyBruce
Annual Tax$3,139
Legal DescriptionPCL 56-1 SEC M34; LT 56 PL M34; KINCARDINE

Parking & Garage

Parking Total4.0
Parking Space4
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingNone

Features

Property Features

Interior Features

Water Heater Owned

Security Features

Community Features

Location

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755 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 755 Palmateer Drive, Kincardine, ON N2Z 1R8

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$125,970 (30.0%)
* Minimum Canadian down payment required for this price is $20,995.
Amortization Period30 Years
Estimated Monthly Payment$1,398Based on a loan of $293,930 over 30 years.
Purchase Price$419,900
Loan Amount$293,930
Provincial Land Transfer Tax:$4,873
Total Estimated Closing Taxes:$4,873

About Purchasing a Home in Kincardine, ON

For a property listed at $419,900 in Kincardine, the legal minimum down payment is $20,995 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 $4,873 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 $4,873.

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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.