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MLS® X12558842
Marmora and Lake, ON
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.
Broker
Century 21 Lanthorn Real Estate Ltd.
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Investment
3 FORSYTH Street Marmora and Lake
Marmora and Lake
Type
Investment
Parking
None
Property Tax
~$2,265/yr
Heating
None
Buying Essentials
Square Feet
4439 sqft
Parking
None
Finances
List Price
$249,900
Price per SQFT
$56.3/sqft
Property Tax
~$2,265/yr
Property Specs
Property Type
Investment
MLS Size
4439 sqft
Living & Amenities
Heating Type
None
Policies & Utilities
Neighbourhood
Marmora and Lake
Listed On
Nov 19, 2025
Recreation/Community Centre
Days on Market
Current: 353 days
Room information is not available for this listing.
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