$299,900
Available - For Sale
Listing ID: X12558842
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 |
| Tax Type: | Annual |
| Assessment Year: | 2025 |
| Occupancy: | Vacant |
| Address: | 3 FORSYTH Street , Marmora and Lake, K0K 2M0, Hastings |
| Postal Code: | K0K 2M0 |
| Province/State: | Hastings |
| Legal Description: | PT LT 4 W/S FROSYTH ST PL 83 AS IN QR672 |
| Directions/Cross Streets: | Forsyth St., Marmora see property on the west side |
| 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 |
| Category: | Apartment |
| Use: | Apts - 2 To 5 Units |
| Building Percentage: | T |
| Total Area: | 4439.10 |
| Total Area Code: | Square Feet |
| Area Influences: | Recreation/Comm |
| Financial Statement: | F |
| Washrooms: | 0 |
| Heat Type: | None |
| Central Air Conditioning: | No |
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| CENTURY 21 LANTHORN REAL ESTATE LTD. |
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At a Glance:
| Type: | Com - Investment |
| Area: | Hastings |
| Municipality: | Marmora and Lake |
| Neighbourhood: | Marmora Ward |
| Tax: | $2,265 |
| Fireplace: | N |
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