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Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision Marmora Ward
MLS Listing ID X12558842
Annual Tax Amount $2,265
Tax Year 2025
Property Sub-Type Investment
Property 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
Province ON
County Hastings
Area Hastings
Zoning Res
Rooms
Kitchen 0
Interior
Cooling No
Exterior
Community Features Recreation/Community Centre
Utilities Available None
Lot Frontage 73.75
Lot Depth 132.5
Building
New Construction false
Others
ParcelsYN No
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Listed by Century 21 Lanthorn Real Estate Ltd.
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