3 FORSYTH STREET, Marmora and Lake (Marmora Ward), Ontario, K0K2M0
MLS: X12558842 | Multi-Family
$299,900
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. (id:64974)
Quick Facts
- Property Type: Multi-Family
- Bedrooms: None
- Bathrooms: None
- Living Area: 4,439 sq ft (412.4 m²)
- Attached: Yes
- Parking: 1 space
- Frontage: 74 ft (22.5 m)
Costs
- Annual Taxes: $2,265.00 (2025)
Listing Provided by: CENTURY 21 LANTHORN REAL ESTATE LTD.
Board: Central Lakes Association of REALTORS®
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Heating: No heat
- Cooling: None
Exterior & Construction
- Water: Municipal water
Lot & Land
- Frontage: 74 ft (22.5 m)
- Zoning: Res
Community & Neighbourhood
- Neighbourhood: Marmora Ward
Listing Information
Listing History
Buy/Sell/Terminated/Expired listing history for 3 FORSYTH STREET, Marmora and Lake (Marmora Ward), Ontario, K0K2M0
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