3 FORSYTH STREET
Marmora and Lake (Marmora Ward), Ontario
MLS® X12558836
$269,900
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X12558836
- Bedrooms
- 4
- Bathrooms
- 0
- Year built
- —
1 / 29Listing 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.
Property summary
- MLS® number
- X12558836
- Property type
- Multi-family
- Building type
- Triplex
- Land size
- 73.8 x 132.5 FT
- Annual property taxes
- $2,265.00
- Parking
- No Garage
- Days on market
- 286 days
Features & details
- Heating
- Other, Other
- Cooling
- None
- Basement
- Unfinished, Partial
- Exterior features
- Brick
What would this home cost you?
Based on the $269,900 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 Century 21 Lanthorn Real Estate Ltd., Belleville.
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.