3 Forsyth Street Marmora And Lake, Ontario K0K 2M0
$299,900
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. (id:51737)
Property Details
| MLS® Number | X12558836 |
| Property Type | Multi-family |
| Community Name | Marmora Ward |
Building
| Bedrooms Above Ground | 4 |
| Bedrooms Total | 4 |
| Basement Development | Unfinished |
| Basement Type | Partial (unfinished) |
| Cooling Type | None |
| Exterior Finish | Brick |
| Foundation Type | Stone |
| Heating Type | Other |
| Stories Total | 2 |
| Size Interior | 0 - 699 Ft2 |
| Type | Triplex |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 132 Ft ,6 In |
| Size Frontage | 73 Ft ,9 In |
| Size Irregular | 73.8 X 132.5 Ft |
| Size Total Text | 73.8 X 132.5 Ft |
| Zoning Description | Res |
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November 21 2025 05:51:41
Central Lakes Association of REALTORS®
Century 21 Lanthorn Real Estate Ltd.