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Renanza Realty
For sale

255 DURHAM STREET

Kincardine, Ontario

MLS® X13821758

$4,800,000

Status
Active
Property type
Business
MLS® number
X13821758
Bedrooms
41
Bathrooms
—
Year built
—

Listing 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!

Property summary

MLS® number
X13821758
Property type
Business
Leasable Area
20,200 sq ft
Land size
Bldg=140 x 200 FT
Annual property taxes
$36,057.34
Days on market
5 days

Features & details

Heating
Radiant heat, Other
Cooling
Partially air conditioned
Appliances
Water Heater

What would this home cost you?

Based on the $4,800,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$22,334 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Lake Range Realty Ltd., KINCARDINE.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.