$249,900 $1,342 est/mo Sourced by Back At You
3 Forsyth Street,Marmora and Lake (Marmora Ward), ON K0K2M0
Marmora and Lake (Marmora Ward), ON K0K2M0
Description
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:13843)
Details
| MLS # | X12558836 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 339 |
| Listing Provided By | Century 21 Lanthorn Real Estate Ltd | TRAVIS ROYLE |
Features
| Bed(s) | 4 |
|---|---|
| Basement | Y |
| Story(s) | 2 |
| Zoning | RES |
Interior
| Cooling | None |
|---|---|
| Heating | Other, Other |
| Fireplace Yes / No | No |
Exterior
| Foundation Details | Stone |
|---|
Parking
| Parking Features | No Garage |
|---|---|
| Parking Total | 0 |
Utilities
| Sewer | Sanitary sewer |
|---|---|
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 2265 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Marmora and Lake (Marmora Ward) |
| Postal Code | K0K2M0 |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Marmora and Lake (Marmora Ward) |
| Postal Code | K0K2M0 |
Nearby Listings (Within 1/10 mile)
Price: $187K - $312K
sqft: 0 - 0
Listing Updated: October 15, 2026 at 3:19:43 PM PDT