25 & 27 FORSYTH STREET
Marmora and Lake (Marmora Ward), Ontario
MLS® X13681130
$499,000
- Status
- Active
- Property type
- Retail
- MLS® number
- X13681130
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 7Listing description
Two commercial buildings being sold together in the heart of Marmora. 29 Forsyth Street previously consisted of two commercial units fronting the main street, which have since been opened up into one large space. The building has been vacant for approximately three years and requires TLC, renovations, and restoration to bring it back to its former potential.
25 Forsyth Street features two commercial units on the lower level and previously included three upper-level residential apartments. The residential units now require extensive renovations. The first commercial unit was formerly a well-established restaurant, while the second unit offers excellent potential for a retail store or other commercial use.
Both buildings require extensive renovation and restoration. Hydro and natural gas services are currently disconnected to both buildings. Properties are being sold strictly in "As Is" condition.
An excellent opportunity for investors, entrepreneurs, or those looking to create and customize commercial and residential spaces to suit their own vision. The current owner has completed some renovations and improvements to the property; however, additional renovations and restoration work are still required to bring the buildings to their full potential. The property is being sold in "As Is" condition.
Taxes 26 Forsyth Street $3919, 29 Forsyth Street $3225.
Property summary
- MLS® number
- X13681130
- Property type
- Retail
- Size
- 6,000 sq ft
- Land size
- Bldg=48.25 x 165.65 FT
- Annual property taxes
- $7,144.00
- Days on market
- 43 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
What would this home cost you?
Based on the $499,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RE/MAX CROSSROADS REALTY INC., TORONTO.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.