3 Forsyth Street, Marmora and Lake — For Sale in Marmora and Lake
4 bed · 0 bath · Triplex for sale in Marmora and Lake.
3 Forsyth Street, Marmora and Lake, ON K0K 2M0
About This Property
Now for sale at 3 Forsyth Street in Marmora and Lake: a 4-bedroom, 0-bathroom triplex listed at $269,900.
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.
Property Specifications
| MLS® Number | X12558836 |
|---|---|
| Status | For Sale |
| List Price | $269,900 |
| Property Type | Residential Freehold |
| Sub Type | Triplex |
| Transaction Type | For Sale |
| Bedrooms | 4 |
| Bathrooms | 0 |
| Address | 3 Forsyth Street, Marmora and Lake, ON K0K 2M0 |
| City | Marmora and Lake |
| Postal Code | K0K 2M0 |
Listing Contracted With: Century 21 Lanthorn Real Estate Ltd.
