Marmora And Lake, ON K0K 2M0,3 FORSYTH ST
Marmora And Lake, ON K0K 2M0,3 FORSYTH ST
Marmora And Lake, ON K0K 2M0,3 FORSYTH ST
28
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$299,900
Est. payment /mo
Active

3 FORSYTH ST Marmora And Lake, ON K0K 2M0

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Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Subdivision Marmora Ward

MLS Listing ID X12558842

Annual Tax Amount $2,265

Tax Year 2025

Property Sub-Type Investment

Property Description

Investment/Development Opportunity 4 Residential Units + 1 Commercial (Convertible to Residential) Excellent opportunity to redevelop a multi-unit property with significant work already completed. Which has the potential to be converted to a 5th residential unit. The building has been fully gutted and is in broom swept condition with a new steel roof and new electrical panels for all 5 units already installed. Seller's plans are available. With converting to 5 residential units, this project is an ideal candidate for CMHC MLI Select financing, offering strong potential for long term cash flow once completed. Ready for the next owner to take it across the finish line.

Location

Province ON

County Hastings

Area Hastings

Rooms

Kitchen 0

Interior

Cooling No

Exterior

Community Features Recreation/Community Centre

Utilities Available None

Lot Frontage 73.75

Lot Depth 132.5

Building

New Construction false

Others

ParcelsYN No

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Listed by CENTURY 21 LANTHORN REAL ESTATE LTD.

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Jasmine Lee

Jasmine Lee

Real Estate Broker & Team Leader | License ID: 9517861

+1(416) 875-4880

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3 FORSYTH ST