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Triplex for sale at 3 Forsyth Street, Marmora and Lake - 4 bedroom - Photo 1 of 28
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$249,900

3 Forsyth St

Marmora and Lake, ON K0K 2M0

3 Forsyth St, Marmora and Lake — Listed at $249,900. 4 bedroom 2-Storey Triplex. MLS® X12558836.

Possession · seller's timeline

Flexible

4Beds
< 700sqft
Triplex
2-Storey
$2,265Taxes/yr · 2025

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Description

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

Property TypeTriplex
Style2-Storey
CommunityMarmora Ward
Rooms13
Kitchens0
Washrooms0
Square Feet< 700 sqft
Lot Dimensions73.75 × 132.5 ft
Fronting OnWest
Dir/Cross StMadoc St
Garage TypeNone
ExteriorBrick
RoofMetal
FoundationStone
BasementPartial Basement, Unfinished
Heating TypeOther
Heating SourceOther
A/CNone
SewersSewer
Taxes (2025)$2,265
HSTIn Addition To
Listed Date11/19/2025
Days on Market329 days
PossessionFlexible

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Listing Courtesy of: Century 21 Lanthorn Real Estate Ltd.

MLS® #X12558836

TRREBMLS®

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2026 Toronto Regional Real Estate Board. All rights reserved.

HouseIndex Take: 3 Forsyth Street

This triplex (2-Storey) is located in the Marmora Ward neighbourhood of Marmora and Lake.

The home offers 4 bedrooms.

Features include a partial basement, unfinished basement.

Additional details: lot dimensions of 73.75 × 132.5 feet.

Listed at $249,900 CAD with annual property taxes of $2,265 (2025).

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