Homes for sale - 255 Durham Street, Kincardine, ON N2Z 2X9

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Ivan Gascho

[email protected] +1(519) 573-7440

$ 5,000,000

Est. payment -/mo

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255 Durham Street Kincardine, ON N2Z 2X9

41 Beds

41 Baths

20,200 SqFt

UPDATED:

11/16/2024 08:36 PM

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 20,200 sqft

Price per Sqft $247

MLS Listing ID 40570778

Bedrooms 41

Abv Grd Liv Area 20,200

Originating Board Grey Bruce Owen Sound

Annual Tax Amount $20,873

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! 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!

Location

Province ON

County Bruce

Area Kincardine

Zoning R3-C

Direction Queen Street, West onto Durham to #255.

Rooms

Basement Full, Unfinished

Kitchen 0

Interior

Interior Features Built-In Appliances, Elevator, Separate Heating Controls

Heating Baseboard, Fireplace(s), Heat Pump, Propane, Radiator

Cooling Ductless

Fireplace Yes

Appliance Hot Water Tank Owned

Laundry Common Area, Shared

Exterior

Exterior Feature Year Round Living

Waterfront No

Roof Type Membrane,Metal

Porch Enclosed

Lot Frontage 140.0

Lot Depth 200.0

Garage No

Building

Lot Description City Lot, High Traffic Area, Library, Playground Nearby, School Bus Route, Shopping Nearby

Faces Queen Street, West onto Durham to #255.

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 333110117

Ownership Freehold/None

Listed by LAKE RANGE REALTY LTD. BROKERAGE (KINCARDINE)

Ivan Gascho

Broker | License ID: 5015171

+1(519) 573-7440

Ivan Gascho

255 Durham Street Kincardine, ON N2Z 2X9

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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255 Durham Street