255 Durham Street Kincardine, Ontario N2Z 2Y3

20,200 sqft
Ductless, Wall Unit Radiant Heat

$4,800,000

A unique investment opportunity in the heart of Kincardine! Known as Malcolm Place since 1929, this impressive Italianate mansion was built in 1875 (large addition built in 1988 as boarding house) and sits on over half an acre, just one block from downtown, steps to Lake Huron and a short drive from Bruce Power. The building offers 41 residential rooms, each with a private bathroom. Many units with ductless heating and air conditioning. Shared amenities include two kitchens, laundry facilities, comfortable common areas, a spacious lobby and public washrooms. Elevator access and keypad room access add convenience. Currently vacant space on the main floor and basement. Historic charm shines through the original woodwork, ornate plaster details and grand staircase. Additional features include a copper roof, upgraded insulation, fire alarm with sprinkler system and 1,200-amp electrical service. A distinctive property combining character, extensive amenities, multiple potential uses and great income in a convenient location! (id:49269)

Property Details

MLS® Number 40866099
Property Type Multi-family
Amenities Near By Park
Features Skylight, Laundry- Coin Operated
Parking Space Total 25

Building

Basement Development Partially Finished
Basement Type Partial (partially Finished)
Cooling Type Ductless, Wall Unit
Exterior Finish Brick
Foundation Type Poured Concrete
Heating Fuel Propane
Heating Type Radiant Heat
Stories Total 3
Size Interior 20,200 Sqft
Utility Water Municipal Water

Parking

Open

Land

Acreage No
Land Amenities Park
Sewer Municipal Sewage System
Size Depth 194 Ft
Size Frontage 145 Ft
Size Irregular 0.651
Size Total 0.651 Ac|1/2 - 1.99 Acres
Size Total Text 0.651 Ac|1/2 - 1.99 Acres
Zoning Description R3-c

https://www.realtor.ca/real-estate/30324420/255-durham-street-kincardine

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