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$2,000,000
Available - For Sale
Listing ID: X10847665
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!
Price $2,000,000
Taxes: $10,863.56
Assessment: $751000
Assessment Year: 2024
Occupancy by: Tenant
Address: 731 PRINCES St North , Kincardine, N2Z 1Z5, Ontario
Postal Code: N2Z 1Z5
Province/State: Ontario
Legal Description: LT 14 E/S PRINCES ST PL KINCARDINE; PT L
Lot Size: 66 x 184 (Feet)
Directions/Cross Streets: 1 block East of Queen Street, beside Victoria Park.
Zoning: R4-i
Category: Accommodation
Building Percentage: Y
Total Area: 14,000
Total Area Code:  Sq Ft
Heat Type: Water Radiators
Central Air Conditioning: N
Sewers: Sanitary
Water: Municipal
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Asking Price: $ Heating: $ /Year  
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Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
LAKE RANGE REALTY LTD. BROKERAGE (KINCARDINE)

731 PRINCES St North , Kincardine, N2Z 1Z5, Ontario

Personal Picture
Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Com - Investment
Area: Bruce
Municipality: Kincardine
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Lot Size: 66.00 x 184.00(Feet)
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Tax: $10,863.56
Maintenance Fee: $0
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Personal Pic Maria Tompson Sales Representative pic sales@bestforagents.com Your Company Name, Brokerage Independently owned and operated. pic 4711 Yonge Street, 10th Floor , Toronto, Ontario M2N 6K8 pic Office: 416-548-7854 | Toll Free: 1-866-382-2968 | Fax: 416-981-7184 | Cell: 416-548-7854
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