3 FORSYTH STREET

$269,900

Marmora Ward, Marmora and Lake, Ontario

  • 4 beds
  • 0 baths
Commercial · Multi-familyType
0Parking
Other, OtherHeating
NoneCooling
286Days on market

About this property

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:66327)

Property details

Interior

Bedrooms
4
Bedrooms above grade
4
Bathrooms
0
Storeys
2
Basement
Unfinished, Partial

Exterior & parking

Structure type
Triplex
Architectural style
[]
Lot size
73.8 x 132.5 FT
Parking spaces
0
Parking features
No Garage
Exterior features
Brick

Building & HOA

Heating
Other, Other
Cooling
None

Financial & legal

List price
$269,900
Annual taxes
$2,265
Status
Active
MLS® number
X12558836

Location

City
Marmora and Lake
Neighbourhood
Marmora Ward
Province
Ontario
Postal code
K0K2M0
Directions
Cross Streets: Madoc St. ** Directions: Madoc Street to Forysth Street.

Mortgage calculator

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Listing data provided under the CREA Data Distribution Facility (DDF®). Information is deemed reliable but not guaranteed. REALTOR®, MLS® and associated logos are owned by The Canadian Real Estate Association (CREA).