3 FORSYTH STREET
Marmora Ward, Marmora and Lake, Ontario
- 4,439 square feet
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
- Living area
- 4,439 square feet
- Building area
- 4439.1
Exterior & parking
- Structure type
- Multi-Family
- Architectural style
- []
- Lot size
- Bldg=73.75 x 132.5 FT
- Parking spaces
- 1
Building & HOA
- Heating
- No heat
- Cooling
- None
Financial & legal
- List price
- $269,900
- Price / sqft
- $61 / sqft
- Annual taxes
- $2,265 (2025)
- Status
- Active
- MLS® number
- X12558842
Location
- City
- Marmora and Lake
- Neighbourhood
- Marmora Ward
- Province
- Ontario
- Postal code
- K0K2M0
- Directions
- Cross Streets: Forsyth St., Marmora see property on the west side. ** Directions: Madoc Street.
Mortgage calculator
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