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3 Forsyth Street Marmora And Lake (Marmora Ward), Ontario K0K 2M0

4439 sqft
None No Heat

$299,900

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:49269)

Business

BusinessType Residential
BusinessSubType Apartments

Property Details

MLS® Number X12558842
Property Type Multi-family
Community Name Marmora Ward
AmenitiesNearBy Recreation
ParkingSpaceTotal 1

Building

CoolingType None
HeatingType No Heat
SizeExterior 4439.1 Sqft
SizeInterior 4439 Sqft
Type Multi-family
UtilityWater Municipal Water

Land

Acreage No
LandAmenities Recreation
SizeDepth 132 Ft ,6 In
SizeFrontage 73 Ft ,9 In
SizeIrregular Bldg=73.75 X 132.5 Ft
SizeTotalText Bldg=73.75 X 132.5 Ft
ZoningDescription Res

https://www.realtor.ca/real-estate/29118112/3-forsyth-street-marmora-and-lake-marmora-ward-marmora-ward

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