$4,800,000
 $25,767 est/mo Sourced by Back At You

255 Durham Street,Kincardine, ON N2Z 2Y3

Kincardine, ON N2Z 2Y3

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Description

A unique investment opportunity in the heart of Kincardine! Known as Malcolm Place since 1929, this impressive Italianate mansion was built in 1875 (large addition built in 1988 as boarding house) 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. Currently vacant space on the main floor and basement. 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 potential uses and great income in a convenient location!

Details

MLS #40866099
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Days On Site42
Listing Provided ByRoyal LePage Wolle Realty | Kyle Church

Features

SQ Feet20,200
BasementY
Story(s)3
Units41
ZoningR3-C
Acreage0.65

Interior

CoolingDuctless, Wall Unit(s)
Cooling Yes / NoNo
HeatingPropane, Radiant
Heating Yes / NoYes
Window FeaturesSkylight(s)
Laundry FeaturesCoin Operated

Exterior

Lot FeaturesCity Lot, Park
Construction MaterialsBrick
RoofMembrane, Slate
Foundation DetailsPoured Concrete, Stone
Security FeaturesCarbon Monoxide Detector

Parking

Open Parking Yes / NoYes

Utilities

SewerSewer (Municipal)

Taxes

Tax Annual Amount36057.34

Area Information

ProvinceON
CountyBruce
CityKincardine
Postal CodeN2Z 2Y3
AreaKincardine
SubareaKincardine
Community NameKincardine
Listing VS Median (in Kincardine)
Price:
$4,800,000
low | high
Med:
$1,374,950
100% of Average
sqft:
20,200
low | high
Med:
7,584
100% of Average
$ / sqft:
$238
low | high
Med:
$314
17.869348295825% of Average
On site:
42
low | high
Med:
27.5
100% of Average
Sourced by Back At You

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Learn More About This Property

JESSICA CHRISTINA ALMEIDA

JESSICA CHRISTINA ALMEIDA

Coldwell Banker The Real Estate Centre

 (416) 997-6255jessica.almeida@wearetrec.com
ProvinceON
CountyBruce
CityKincardine
Postal CodeN2Z 2Y3
AreaKincardine
SubareaKincardine
Community NameKincardine
Listing VS Median (in Kincardine)
Price:
$4,800,000
low | high
Med:
$1,374,950
100% of Average
sqft:
20,200
low | high
Med:
7,584
100% of Average
$ / sqft:
$238
low | high
Med:
$314
17.869348295825% of Average
On site:
42
low | high
Med:
27.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $3.6M - $6M
sqft: 15,000 - 25,000
Nearby Listings Property ImageNearby Listings Details
255 DURHAM Street Property Photo 1
$4,800,000
255 Durham Street
Kincardine, ON N2Z 2X9
Listing Updated: November 4, 2026 at 1:05:29 PM PST