255 Durham Street
Kincardine, N2Z 2X9
FOR SALE
$4,800,000
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Investment
CATEGORY 140 x 200
LOT SIZE X13821758
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Property Description
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!
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Property Details
Address
255 Durham Street
Community
City
Postal Code
N2Z 2X9
Property Type
Investment, Investment
Use
Accommodation
Zoning
R3-C
Lot Size
140' x 200'
Taxes
$36,057 (2026
Heat Type
Radiant
Heat Source
Propane
Water
Municipal
Garage Type
Outside/Surface
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Listing contracted with Lake Range Realty Ltd.
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