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

$249,900

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4,439

Square feet

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 # X12558842
Price $249,900
Bathrooms 0.00
Square Footage 4,439
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

Amenities Recreation
Parking Spaces 1
Is Waterfront No
Has Pool No

Interior

Heating No heat
Cooling None
Fireplace No
Has Basement No

Exterior

Lot Description Bldg=73.75 x 132.5 FT

Listing Details

OfficeCourtesy Of Century 21 Lanthorn Real Estate Ltd.

Listing Map