3 Forsyth Street, Marmora And Lake (marmora Ward), Ontario

$249,900

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4

Beds

About 3 Forsyth 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:36535)

Features of 3 Forsyth Street

Listing # X12558836
Price $249,900
Bedrooms 4
Bathrooms 0.00
Acres 0.00
Type Multi-family

Community Information

Address 3 Forsyth Street
Subdivision Marmora Ward
City Marmora And Lake (marmora Ward)
Province Ontario
Postal Code K0K2M0

Amenities

Parking No Garage
Is Waterfront No
Has Pool No

Interior

Heating Other Other
Cooling None
Fireplace No
# of Stories 2
Has Basement Yes
Basement Type Partial (Unfinished)
Basement Development Unfinished

Exterior

Exterior Brick
Lot Description 73.8 x 132.5 FT
Foundation Stone

Listing Details

OfficeCourtesy Of Century 21 Lanthorn Real Estate Ltd.

Listing Map