Innovative Realty Inc.

Brokerage

Kannan Panchalingam

Direct : (647) 928-8889

kannanhomes@yahoo.com

3 FORSYTH Street, Marmora and Lake, ON K0K 2M0 (Forsyth St., Marmora see property on the west side)
$ 279900 - MLS : X12558842

From Our Gallery

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.

Location Description

Forsyth St., Marmora see property on the west side

Property Detail

Community: Marmora Ward
Property Type: Vacant/Commercial
Garages: None
Annual Property Taxes : $ 2265

Lot dimensions: sqft
Baths:

Facts and Features

Parking Type : None

Amenities

Heating : None

Listing Contracted With: CENTURY 21 LANTHORN REAL ESTATE LTD.

Kannan Panchalingam

Sales Representative

( 5 Reviews )

While I like to think that real estate is in my blood, shameless self-promotion is not. Unfortunately, that's part of the business so here's the painful bit about who I am and what makes me tick. The Toronto region has been my home all my life, and I love this area.

kannanhomes@yahoo.com

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