$999,900
Available - For Sale
Listing ID: X13603160
108 Russel Street , Centre Hastings, K0K 2K0, Hastings
| A rare opportunity to reposition a substantial three-storey building for its next chapter in the heart of Madoc. With the property now zoned for high-density residential use and municipal approval allowing up to nine residential units, this versatile building offers exciting potential for investors, developers and those looking to create a long-term income-producing property.The building provides more than 5,000 sq. ft. of space across three levels, with an existing layout that includes 21 office spaces, kitchens or kitchenettes, washrooms on each floor and elevator access. Concept drawings have been prepared to illustrate how the building could potentially be converted into three residential units per floor, helping buyers visualize the possibilities offered by the updated zoning.Whether developed as a nine-unit rental property, converted in phases or explored for future condominium-style ownership, the existing footprint, municipal water and sewer services, forced-air gas heating, central air conditioning, on-site parking and elevator provide a strong foundation for redevelopment.Located close to downtown amenities, shops and services, this is an opportunity to transform an established building into much-needed residential housing while creating lasting value in a growing community. Concept plans are provided for illustration purposes only. Buyers are encouraged to complete their own due diligence regarding building permits, approvals, code requirements and the proposed conversion. |
| Price | $999,900 |
| Taxes: | $6050.61 |
| Occupancy: | Vacant |
| Address: | 108 Russel Street , Centre Hastings, K0K 2K0, Hastings |
| Acreage: | < .50 |
| Directions/Cross Streets: | Hwy 62 |
| Rooms: | 41 |
| Bedrooms: | 0 |
| Bedrooms +: | 0 |
| Family Room: | F |
| Basement: | Crawl Space, Unfinished |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Office | 12.2 | 17.58 | |
| Room 2 | Main | Foyer | 9.81 | 7.51 | |
| Room 3 | Main | Office | 12 | 9.41 | |
| Room 4 | Main | Office | 12 | 9.81 | |
| Room 5 | Main | Kitchen | 26.11 | 9.84 | |
| Room 6 | Main | Office | 11.09 | 9.41 | |
| Room 7 | Main | Office | 18.99 | 11.18 | |
| Room 8 | Main | Bathroom | 2 Pc Bath | ||
| Room 9 | Main | Bathroom | 2 Pc Bath | ||
| Room 10 | Second | Bathroom | 2 Pc Bath | ||
| Room 11 | Third | Bathroom | 2 Pc Bath |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 2 | Main |
| Washroom Type 2 | 2 | Main |
| Washroom Type 3 | 2 | Second |
| Washroom Type 4 | 2 | Third |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Approximatly Age: | 31-50 |
| Property Type: | Multiplex |
| Style: | 3-Storey |
| Exterior: | Brick |
| Garage Type: | None |
| (Parking/)Drive: | Available, |
| Drive Parking Spaces: | 9 |
| Park #1 | |
| Parking Type: | Available, |
| Park #2 | |
| Parking Type: | Available |
| Park #3 | |
| Parking Type: | Private |
| Pool: | None |
| Approximatly Age: | 31-50 |
| Approximatly Square Footage: | 5000 + |
| Property Features: | Arts Centre, Library |
| 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: | Forced Air |
| Central Air Conditioning: | Central Air |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
| Utilities-Cable: | A |
| Utilities-Hydro: | Y |
$
%
Years
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. |
| Royal Lepage Proalliance Realty |
|
|
.jpg?src=Custom)
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184
| Book Showing | Email a Friend |
Jump To:
At a Glance:
| Type: | Freehold - Multiplex |
| Area: | Hastings |
| Municipality: | Centre Hastings |
| Neighbourhood: | Centre Hastings |
| Style: | 3-Storey |
| Approximate Age: | 31-50 |
| Tax: | $6,050.61 |
| Baths: | 4 |
| Fireplace: | N |
| Pool: | None |
Locatin Map:
Payment Calculator:
- Color Examples
- Red
- Magenta
- Gold
- Green
- Black and Gold
- Dark Navy Blue And Gold
- Cyan
- Black
- Purple
- Brown Cream
- Blue and Black
- Orange and Black
- Default
- Device Examples