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Active

$249,900

3 FORSYTH St

Marmora and Lake, ON K0K 2M0

3 FORSYTH St, Marmora and Lake — Listed at $249,900 Investment. MLS® X12558842.

Possession · seller's timeline

Flexible

Apts - 2 To 5 Units
Investment
$2,265Taxes/yr · 2025

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 TypeInvestment
CommunityMarmora Ward
Kitchens0
Lot Size0.22 acres (9,714 sq ft)
Lot Dimensions73.75 × 132.5 ft
Lot Size Area0.223 sqft
Dir/Cross StForsyth St., Marmora see property on the west side
Garage TypeNone
Heating TypeNone
A/CNo
Taxes (2025)$2,265
HSTIn Addition To
Listed Date11/19/2025
Days on Market329 days
PossessionFlexible

Business Details

Property Sub-TypeInvestment
Business TypeApts - 2 To 5 Units
Property UseApartment
Occupant TypeVacant
Financial StatementsNot Available
Showing RequirementsShowing System, List Salesperson
Possession TypeFlexible
Listing Expires12/31/2026

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Listing Courtesy of: Century 21 Lanthorn Real Estate Ltd.

MLS® #X12558842

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.

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