3 Forsyth Street, Marmora and Lake, ON K0K 2M0
Marmora and Lake, ON, K0K 2M0 · Marmora Ward
About this property
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.
Features & Amenities
- Basement: Partial Basement, Unfinished
- Garage: None
- Cooling: None
- Heat Type: Other
- Heat Source: Other
- Style: 2-Storey
- Construction: Brick
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Triplex |
| Architectural Style | 2-Storey |
| Bedrooms | 4 |
| Basement | Partial Basement, Unfinished |
| Garage | None |
| Heat Type | Other |
| Heat Source | Other |
| Cooling | None |
| Sewer | Sewer |
| Annual Tax | $2,265 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- None
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- 2-Storey
- Construction Materials
- Brick
- Foundation Details
- Stone
- Roof
- Metal
- Basement
- Partial Basement, Unfinished
Heating & Cooling
- Heat Type
- Other
- Heat Source
- Other
- Cooling
- None
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 0
- Parking Total
- 0.00
- Covered Spaces
- 0
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 132.50
- Lot Width
- 73.75
Financial & Tax
- Tax Annual Amount
- $2,265
- Tax Year
- 2025
- Possession Type
- Flexible
- Possession Details
- Flexible
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 13
- Kitchens Above Grade
- 0
- Kitchens Total
- 0
- Bedrooms Above Grade
- 4
Additional Details
- Occupant Type
- Vacant
- Direction Faces
- West
- County Or Parish
- Hastings
- Cross Street
- Madoc St
- Directions
- Madoc Street to Forysth Street
- Special Designation
- Unknown
- Showing Requirements
- Lockbox, Showing System, List Salesperson
Location
3 Forsyth Street, Marmora and Lake, ON K0K 2M0, Marmora and Lake, ON, K0K 2M0