3 Forsyth Street, Marmora and Lake, Ontario K0K 2M0

Listed for:
$299,900
4 beds
0 baths
Listed 2 days ago
Triplex for rent: 3 Forsyth Street, Marmora and Lake, Ontario K0K 2M0

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Learn more about this property
Listing provided by:
CENTURY 21 LANTHORN REAL ESTATE LTD.
MLS® number:
X12558836
Agent:
Travis Royle
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About

Cross Streets: Madoc St. ** Directions: Madoc Street to Forysth Street. 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:27476)

Property Highlights

MLS® Number
X12558836
Type
Multi-family
Community Name
Marmora Ward
Land Size
73.8 x 132.5 FT

Building

Building Type
Triplex
Storeys
2.00
Square Footage
0 - 699 sqft
Bedrooms Above Ground
4
Bedrooms Total
4
Exterior Finish
Brick
Fireplace Present
No
Basement Type
Partial (Unfinished)
Basement Features
Building Heating Type
Other
Heating Fuel
Building Cooling Type
None

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Location