255 Durham Street, Kincardine, Ontario N2Z 2X9

$5,000,000

MLS: X10846641

  • 41
  • 25

Attention investors! Don't miss out on the opportunity to own this high income generating multi-residential building in Kincardine, an area that has strong economic growth for years to come! Just a short drive to Bruce Power, currently at full capacity with a waiting list! This large elegant Italianate mansion was built in 1875 on over 1/2 an acre lot, located just up the road from Lake Huron! It has been known as Malcolm Place since 1929. The irregular massing of two rectangles around an offset tower forms the entrance and is a mark of romantic Italian style. The beautiful window details and elaborate chimneys are impressive. The widows peak has three round-topped windows with gorgeous Lake views. The interior is much to be desired, most of the original plaster work and wood work is present on the first floor and the grand staircase. Note the beautiful ceiling medallion, deep door cases and details such as decorative door hinges. This lovely mansion and the residential units are still adorned with Andrew Malcolm furniture. There are 41 residential rooms each with their own 4 piece bathrooms, ductless heat/AC units and kitchenette. More features include; Two kitchens, copper roof, upgraded insulation, a high end fire alarm and sprinkler system, 1200 amp service, shared laundry room, public washrooms, office space, elevator access, ramp entry access, key pad access to all rooms, comfortable common areas and a spacious lobby! Just a block away from downtown Kincardine and all its amenities! (id:35412)

VIRTUAL TOUR
CONTACT US FOR MORE INFORMATION

Name(Required)
SNAPSHOT
Property Type Business
Bedrooms 41
Square Footage Finished 20200 sqft
Waterfront No
Lot Size Unit=140 x 200 FT
Lot Frontage 140 ft
Area Schools No
BUILDING DETAILS
Heat Baseboard heaters (Fuel: Propane)
HVAC Partially air conditioned
Fireplace Yes
Foundation Stone, Poured Concrete
Exterior Finish Brick
Garage -
Water Type Municipal water
Sewage Sanitary sewer
LAND
Lot Size Unit=140 x 200 FT
Zoning R3-C

https://www.realtor.ca/real-estate/26918525/255-durham-street-kincardine-kincardine

Powered by: REALTOR.ca
This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)


January 28 2025 04:05:58

The Lakelands Association of REALTORS®

Lake Range Realty Ltd.

RealtyPress WordPress CREA DDF® Plugin