255 Durham Street Kincardine, Ontario N2Z 2X9

$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 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. 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 uses and great income in a convenient location! (id:35404)

Property Details

MLS® Number	X13821758
Property Type	Business
Community Name	Kincardine

Building

Bedrooms Total	41
Appliances	Water Heater
Cooling Type	Partially Air Conditioned
Heating Type	Radiant Heat, Other
Size Exterior	20200 Sqft
Size Interior	20,200 Ft2
Utility Water	Municipal Water

Land

Acreage	No
Sewer	Sanitary Sewer
Size Depth	200 Ft
Size Frontage	140 Ft
Size Irregular	Bldg=140 X 200 Ft
Size Total Text	Bldg=140 X 200 Ft
Zoning Description	R3-c

https://www.realtor.ca/real-estate/30320504/255-durham-street-kincardine-kincardine