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Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
41 Bed Commercial Property in Kincardine
About 255 Durham Street
A unique investment opportunity in the heart of Kincardine! Known as Malcolm Place since 1929, this impressive Italianate mansion was built in 1875 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. 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 uses and great income in a convenient location!
41 bedrooms. Chat with Zara if you'd like a deeper read on whether this investment fits your budget and timing.
Inside 255 Durham St
Every detail from the listing, in one place.
Type
Investment
Lot size
200 x 140
Features & systems
Lot & land
Lot dimensions
200 x 140
Lot size (sqft)
0
Listing & possession
Property class
Investment
255 Durham St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13821758$4,800,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 255 Durham St Compares to the Kincardine Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. 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 Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Keep looking near 255 Durham St
Homes for sale in Kincardine
Every active Kincardine MLS® listing, updated all day.
Average days on market45Homes sold in about 45 days on average.
Sale-to-list ratio96.4%On average, homes sold below asking.
Active listings111Homes for sale here right now.
Median vs prior 90 days+6.4%Compared with May 14 – Aug 12, 2026: prices up.
Based on 96 sales from Aug 12 – Nov 10, 2026 (77 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 255 Durham St
How much is 255 Durham St listed for?
255 Durham St is listed at $4,800,000 (MLS® X13821758). Summitly updates the price as soon as the MLS® record changes.
Has the price of 255 Durham St changed?
No — 255 Durham St is still listed at its original asking price of $4,800,000.
How many bedrooms and bathrooms does 255 Durham St have?
255 Durham St has 41 bedrooms. It is a commercial property in Kincardine.
How does 255 Durham St compare with other homes in Kincardine?
Its asking price of $4,800,000 is about 656% above the median sold price in Kincardine over the last 90 days, $635,000, across 96 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 255 Durham St been sold before?
Summitly has no earlier MLS® sale or lease of 255 Durham St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 255 Durham St?
255 Durham St is in Kincardine, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 255 Durham St been on the market?
48 days — 255 Durham St was listed on September 23, 2026.
What is the lot size of 255 Durham St?
The lot measures 200 × 140, as published in the listing.
What is the land transfer tax on 255 Durham St?
About $106,475 in Ontario land transfer tax at the asking price of $4,800,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 255 Durham St or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 255 Durham St?
The listing for 255 Durham St doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Kincardine.
When was 255 Durham St built?
The listing for 255 Durham St doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.