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    For Sale - 3 Forsyth Street, Marmora and Lake, Ontario

    Est payment $1,296/mo
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    Views   3
    Time on Jump  228 day

    AI Summary *

    • Investment opportunity with four residential units and one convertible commercial unit.
    • Significant redevelopment work already completed, including a new steel roof.
    • New electrical panels installed for all five units, ready for next steps.
    • Potential to convert the property into five residential units for increased cash flow.
    • Seller's plans available, aiding in a smooth transition for new ownership.




    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.
    Listing IDX12558836
    Address3 Forsyth Street
    CityMarmora and Lake, Ontario
    Price$269,900
    Bed4
    Style2-Storey, Triplex
    ConstructionBrick
    TypeMulti-Family
    StatusFor Sale

    Subtype TriplexIndoor Features NoneOwnership FreeholdBasement Partial Basement, UnfinishedFoundation StoneHeating / Cooling OtherHeating Fuel OtherSewer Sewer

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    Listing Agency:  Century 21 Lanthorn Real Estate Ltd.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    3 Forsyth Street
    Marmora and Lake , Ontario
    4 $269,900
    Get more info