$ 5,000,000
255 DURHAM Street Kincardine, ON N2Z2X9
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$ 5,000,000
Est. payment | /mo
41 Beds
41 Baths
20,200 SqFt
$ 5,000,000
Est. payment | /mo
41 Beds
41 Baths
20,200 SqFt
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 20,200 sqft
Price per Sqft $247
Subdivision Kincardine
MLS® Listing ID 40570778
Bedrooms 41
Originating Board OnePoint - Grey Bruce Owen Sound
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! (id:24570)
Location
Province ON
Interior
Heating Baseboard heaters, Heat Pump,
Cooling Ductless
Exterior
Garage No
Community Features High Traffic Area, School Bus
Waterfront No
View Y/N No
Total Parking Spaces 25
Private Pool No
Building
Story 3
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by LAKE RANGE REALTY LTD. BROKERAGE (KINCARDINE)