ON > Kincardine > Kincardine
Kincardine, ON N2Z 2X9,255 DURHAM ST
Kincardine, ON N2Z 2X9,255 DURHAM ST
Kincardine, ON N2Z 2X9,255 DURHAM ST
Kincardine, ON N2Z 2X9,255 DURHAM ST
Kincardine, ON N2Z 2X9,255 DURHAM ST
Kincardine, ON N2Z 2X9,255 DURHAM ST
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Mike Taylor

Mike Taylor

Nine Mile Realty

+1(705) 985-1110
$ 5,000,000
Est. payment | /mo

20,200 SqFt

Save Virtual Tour
$ 5,000,000
Est. payment | /mo
Save Virtual Tour

20,200 SqFt

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 20,200 sqft

Price per Sqft $247

Subdivision Kincardine

MLS Listing ID X10846641

Annual Tax Amount $20,873

Tax Year 2024

Property Sub-Type Investment

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

Community Kincardine

Area Bruce

Rooms

Kitchen 0

Interior

Interior Features Separate Heating Controls

Cooling Partial

Fireplace Yes

Heat Source Propane

Exterior

Exterior Feature Year Round Living

Utilities Available Unknown

Roof Type Membrane,Metal

Lot Frontage 140.0

Lot Depth 200.0

Total Parking Spaces 25

Building

Foundation Stone, Poured Concrete

New Construction false

Others

Security Features Unknown

Virtual Tour https://show.tours/255durhamst

Listed by LAKE RANGE REALTY LTD. BROKERAGE (KINCARDINE)
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We know the real estate landscape, the best neighbourhoods, and how to build the best relationships. We’re committed to delivering exceptional service based on years of industry expertise and the heartfelt desire to get it right.

+1(705) 985-1110

mike@ninemilerealty.ca

183 Bayfield St, Barrie, ON, L4M 3B4, CAN

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255 DURHAM ST