REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,000,000
Est. payment | /mo
14,000 SqFt
$ 2,000,000
Est. payment | /mo
14,000 SqFt
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Pending
Purchase Type For Sale
Square Footage 14,000 sqft
Price per Sqft $142
MLS Listing ID X10847665
Annual Tax Amount $10,863
Tax Year 2024
Property Description
Attention investors! Don't miss out on the opportunity to own this high income generating multi-residential building in Kincardine, an area that has strong economic growth for years to come! Just a short drive to Bruce Power, currently at full capacity with a waiting list! The original structure was a large Queen Anne revival, free-standing house built of brick with sandstone detailing and wood embellishments including a porch and slate roof. Located right next to picturesque Victoria Park in Kincardine with views of Lake Huron's famous Sunsets! Originally built in 1895, this 3 story stately Victorian building has 27 self contained bachelor apartments with full bath and kitchenette (plus a 1bedroom unit). Interior also offers a cozy common room with fireplace, kitchen/dining room, fire alarm, 600 amp service, 5 year old natural gas boiler, 2 exercise rooms, staff laundry and coin operated laundry. Many use options are available eg; retirement home, short term rentals, Air B&B, etc. Perfectly located down town Kincardine!
Location
Province ON
County Bruce
Area Bruce
Rooms
Kitchen 0
Interior
Interior Features Separate Heating Controls
Cooling No
Fireplace Yes
Heat Source Gas
Exterior
Garage Spaces 10.0
Utilities Available Unknown
Roof Type Slate
Lot Depth 184.0
Total Parking Spaces 10
Building
Foundation Stone, Poured Concrete
New Construction false
Others
Security Features Unknown
Listed by LAKE RANGE REALTY LTD. BROKERAGE (KINCARDINE)
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