3 Forsyth Street, Marmora and Lake, ON K0K 2M0
Marmora and Lake , K0K 2M0
$269,900.00
4 Bedrooms
Residential Freehold
Property Details
| MLS Number | X12558836 |
| Property Type | Residential Freehold |
| City | Marmora and Lake |
| City Region | Marmora Ward |
| Postal Code | K0K 2M0 |
| Cross Street | Madoc St |
| Street Number | 3 |
| Street Name | Forsyth |
| Lot Width | 73.75 ft |
| Lot Depth | 132.5 ft |
| Bedrooms | 4 |
| Annual Tax | $2,265.00 |
| Sewer | Sewer |
| Occupant Type | Vacant |
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.
Selvan Puvaneswaranathan
Broker — REMAX Crossroads