3 FORSYTH STREET

$269,900

3 FORSYTH STREET

Marmora Ward, Marmora and Lake, ON

Type
Multi-family
Status
Active
Living area
4,439 sqft
MLS®
X12558842

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. (id:66946)

Features

residential

Listing courtesy of Century 21 Lanthorn Real Estate Ltd.. Data provided by the CREA Data Distribution Facility (DDF®). Information is deemed reliable but not guaranteed.