$279,900
FOR SALE

Multiplex

Lot: 73.75 x 132.5 ft

3 Forsyth Street
Marmora And Lake (Marmora Ward), ON K0K 2M0

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. (id:47421)
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Listed By CENTURY 21 LANTHORN REAL ESTATE LTD.
Data Provided By Central Lakes Association of REALTORS®
MLS® Listing Number X12558842
Last Updated Mar 27, 2026
Property Summary
Property Type Multiplex

More like this:
Use Apartments
Community Marmora Ward
Price History

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Detailed Information
Lot 73.75 x 132.5 ft
Amenities Nearby Recreation
Listing Contract Date 2025-11-19
Location Description Cross Streets: Forsyth St., Marmora see property on the west side. ** Directions: Madoc Street.
# of Parking Spaces 1
Property Type Multi-family
Transaction Type For sale
Zoning Description Res
Business
Business Type Residential
Business Subtype Apartments
Building
Cooling Type None
Heating Type No heat
Size (Exterior) 4439.1 square feet
Type Multi-Family
Utility Water Municipal water
Land
Total Size Bldg=73.75 x 132.5 FT
Amenities Recreation
Size of Irregular Land Bldg=73.75 x 132.5 FT

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