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

Listed for:
$269,900
0 beds
0 baths
Listed 13 days ago
Multi-Family for rent: 3 Forsyth Street, Marmora and Lake, Ontario K0K 2M0

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About

Cross Streets: Forsyth St., Marmora see property on the west side. ** Directions: Madoc 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
X12558842
Type
Multi-family
Community Name
Marmora Ward
Land Size
Bldg=73.75 x 132.5 FT
Parking Space Total
1

Building

Building Type
Multi-Family
Square Footage
4439 sqft
Amenities
Recreation
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
No heat
Heating Fuel
Building Cooling Type
None

Utilities

Water
Municipal water

Location

Learn more about this property
Listing provided by:
Century 21 Lanthorn Real Estate Ltd.
MLS® number:
X12558842
Agent:
Travis Royle
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