731 Princes Street N Save Request In-Person Tour Request Virtual Tour
Kincardine,ON N2Z 1Z5
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 10,500 sqft
Price per Sqft $190
MLS Listing ID 40570881
Bedrooms 27
Abv Grd Liv Area 14,000
Originating Board Grey Bruce Owen Sound
Annual Tax Amount $10,863
Property Description
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! The original structure was a large Queen Anne revival, free-standing house built of brick with sandstone detailing and wood embellishments including a porch and slate roof. Located right next to picturesque Victoria Park in Kincardine with views of Lake Huron's famous Sunsets! Originally built in 1895, this 3 story stately Victorian building has 27 self contained bachelor apartments with full bath and kitchenette (plus a 1bedroom unit). Interior also offers a cozy common room with fireplace, kitchen/dining room, fire alarm, 600 amp service, 5 year old natural gas boiler, 2 exercise rooms, staff laundry and coin operated laundry. Many use options are available eg; retirement home, short term rentals, Air B&B, etc. Perfectly located down town Kincardine!
Location
Province ON
County Bruce
Area Kincardine
Zoning R4-i
Direction 1 block East of Queen Street, beside Victoria Park.
Rooms
Basement Full,Partially Finished
Kitchen 0
Interior
Interior Features Elevator,Separate Heating Controls
Heating Baseboard,Electric,Fireplace(s),Natural Gas,Radiator
Cooling None
Fireplace Yes
Laundry Coin Operated,Common Area,Shared
Exterior
Exterior Feature Balcony
Waterfront No
Roof Type Slate
Lot Frontage 66.0
Lot Depth 184.0
Garage No
Building
Lot Description City Lot,High Traffic Area,Park,Place of Worship,Playground Nearby,School Bus Route,Shopping Nearby
Faces 1 block East of Queen Street, beside Victoria Park.
Story 3
Foundation Poured Concrete,Stone
Sewer Sewer (Municipal)
Water Municipal
Level or Stories 3
Structure Type Brick
New Construction No
Others
Senior Community false
Tax ID 333090286
Ownership Freehold/None