$269,900
( $60.80Per Sq Foot )
$1,449 est/mo Sourced by Back At You3 Forsyth Street,Marmora and Lake, ON K0K 2M0
Marmora and Lake, ON K0K 2M0
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.
Details
| MLS # | X12558842 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Price Change |
| Year | 0 |
| Days On Site | 289 |
| Listing Provided By | Century 21 Lanthorn Real Estate Ltd. | X12558842 437202 |
Features
| SQ Feet | 4,439 |
|---|---|
| Acreage | 0.10 |
Interior
| Cooling Yes / No | No |
|---|---|
| Cooling | No |
Exterior
| Community Features | Recreation/Community Centre |
|---|
Utilities
| Utilities | None |
|---|
Taxes
| Tax Annual Amount | 2265 |
|---|---|
| Tax Assessed Value | 116000 |
| Tax Type | Annual |
| Tax Legal Description | PT LT 4 W/S FROSYTH ST PL 83 AS IN QR672260; MARMORA & LAKE; COUNTY OF HASTINGS |
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| Region | Hastings |
| City | Marmora and Lake |
| Postal Code | K0K 2M0 |
| Area | Marmora Ward |
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Learn More About This Property
| Province | ON |
|---|---|
| Region | Hastings |
| City | Marmora and Lake |
| Postal Code | K0K 2M0 |
| Area | Marmora Ward |
Listing Updated: June 24, 2026 at 9:51:10 PM PDT