$2,000,000
Available - For Sale
Listing ID: X10847665
731 PRINCES St North , Kincardine, N2Z 1Z5, Ontario
| 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: | $10863.56 |
| Assessment: | $751000 |
| Assessment Year: | 2024 |
| Occupancy: | 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: | 66.00 x 184.00 (Feet) |
| Directions/Cross Streets: | 1 block East of Queen Street, beside Victoria Park. |
| Category: | Accommodation |
| Building Percentage: | Y |
| Total Area: | 14000.00 |
| Total Area Code: | Sq Ft |
| Heat Type: | Water Radiators |
| Central Air Conditioning: | N |
| Sewers: | Sanitary |
| Water: | Municipal |
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| LAKE RANGE REALTY LTD. BROKERAGE (KINCARDINE) |
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At a Glance:
| Type: | Com - Investment |
| Area: | Bruce |
| Municipality: | Kincardine |
| Neighbourhood: | Kincardine |
| Lot Size: | 66.00 x 184.00(Feet) |
| Tax: | $10,863.56 |
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