3 Forsyth Street, Marmora and Lake, ON

$249,900

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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.

Features of 3 Forsyth Street

MLS® # X12558842
Price $249,900
Bathrooms 0.00
Type Commercial
Sub-Type Investment
Status Active

Community Information

Address 3 Forsyth Street
Area Hastings
Subdivision Marmora Ward
City Marmora and Lake
Province ON
Postal Code K0K 2M0

Amenities

Parking Spaces 1
Garages None
Is Waterfront No

Interior

Heating None
Cooling No
Fireplace No

Listing Details

OfficeCentury 21 Lanthorn Real Estate Ltd.

Listing Map