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$249,900
Est. payment /mo
4 Beds
Price Dropped by $20K
3 Forsyth ST Marmora And Lake, ON K0K 2M0
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft < 700
Subdivision Marmora Ward
MLS Listing ID X12558836
Style 2-Storey
Bedrooms 4
Annual Tax Amount $2,265
Tax Year 2025
Property Sub-Type Triplex
Lot Depth 132.5
Lot Front 73.75
Property 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.
Location
Province ON
County Hastings
Area Hastings
Rooms
Family Room No
Basement Partial Basement, Unfinished
Kitchen 0
Interior
Interior Features None
Cooling None
Fireplace No
Heat Source Other
Exterior
Pool None
Roof Type Metal
Lot Frontage 73.75
Lot Depth 132.5
Building
Foundation Stone
Others
ParcelsYN No
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Listed by Century 21 Lanthorn Real Estate Ltd.
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