3 Forsyth Street
Marmora Ward / Marmora and Lake, ON K0K 2M0
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.
Property Details
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Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® X12558836
Listed by Century 21 Lanthorn Real Estate Ltd.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$1,318
/month · $215,920 mortgage
Amortization
Total Interest
$179,467
Total Cost
$395,387
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
Full Mortgage Calculator →Listed By
Century 21 Lanthorn Real Estate Ltd.