ON > Kincardine
Kincardine, ON N2Z 1Z5,731 Princes Street N
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Kincardine, ON N2Z 1Z5,731 Princes Street N
Kincardine, ON N2Z 1Z5,731 Princes Street N
Kincardine, ON N2Z 1Z5,731 Princes Street N
Kincardine, ON N2Z 1Z5,731 Princes Street N
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Ivan Gascho

Ivan Gascho

+1(519) 573-7440
$ 2,000,000
Est. payment /mo
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Active Under Contract

731 Princes Street N Kincardine, ON N2Z 1Z5

27 Beds

27 Baths

10,500 SqFt

UPDATED:

11/15/2024 06:44 AM

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

Listed by LAKE RANGE REALTY LTD. BROKERAGE (KINCARDINE)

Ivan Gascho

Broker | License ID: 5015171

+1(519) 573-7440

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731 Princes Street N