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$299,900
Available - For Sale
Listing ID: X12558836
3 Forsyth Street , Marmora and Lake, K0K 2M0, Hastings


Investment/Development Opportunity 4 Residential Units + 1 Commercial (Convertible to Residential)Excellent opportunity to redevelop a multi-unit property with significant work already completed. Features 4 residential units plus 1 commercial unit, 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.
Price $299,900
Taxes: $2265.00
Occupancy: Vacant
Address: 3 Forsyth Street , Marmora and Lake, K0K 2M0, Hastings
Directions/Cross Streets: Madoc St
Rooms: 13
Bedrooms: 4
Bedrooms +: 0
Family Room: F
Basement: Partial Base, Unfinished
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Total Area: 0.00
Property Type: Triplex
Style: 2-Storey
Exterior: Brick
Garage Type: None
Drive Parking Spaces: 0
Pool: None
Approximatly Square Footage: < 700
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Other
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
CENTURY 21 LANTHORN REAL ESTATE LTD.
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At a Glance:
Type: Freehold - Triplex
Area: Hastings
Municipality: Marmora and Lake
Neighbourhood: Marmora Ward
Style: 2-Storey
Lot Size: x 132.50(Feet)
Approximate Age:
Tax: $2,265
Maintenance Fee: $0
Beds: 4
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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