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MLS® X13821758
Kincardine, ON
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!
Inclusions
All inclusions, Carbon Monoxide Detector, Hot Water Tank Owned.
Exclusions
Tenants belongings.
Broker
Lake Range Realty Ltd.
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Investment
255 DURHAM Street Kincardine
Kincardine
Type
Investment
Parking
Outside/Surface
Property Tax
~$36,057/yr
Heating
Radiant
Buying Essentials
Square Feet
20200 sqft
Parking
Outside/Surface
Finances
List Price
$4,800,000
Price per SQFT
$238/sqft
Property Tax
~$36,057/yr
Property Specs
Property Type
Investment
MLS Size
20200 sqft
Living & Amenities
Heating Type
Radiant
Policies & Utilities
Neighbourhood
Kincardine
Listed On
Sep 23, 2026
Days on Market
Current: 45 days
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