Quick Summary
Quick Summary
- Lucrative multi-residential investment property
- Situated in high-growth Kincardine area
- Proximate to major employer Bruce Power
- Stately Victorian building with historic charm
- 27 self-contained bachelor units plus 1-bedroom
- Amenities include common room, gym, laundry
- Flexible use options like retirement, rentals
- Desirable downtown Kincardine location
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,... Show More
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! (id:54626)
Additional Media
View Additional Media
Property Details
Size
Parking
Lot
Build
Heating & Cooling
Utilities
Ownership Details
Ownership
Source
Listing Brokerage
Book A Private Showing
For Sale Nearby
Sold Nearby
- 2,000 - 2,500 Sq. Ft.
- 4
- 2
- 1,400 - 1,599 Sq. Ft.
- 2
- 2
- 2,000 - 2,500 Sq. Ft.
- 4
- 2
- 2
- 3
- 3
- 2
- 1,500 - 2,000 Sq. Ft.
- 5
- 3
- 3
- 4
- 1,500 - 2,000 Sq. Ft.
- 3
- 2
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.