For Sale

Multi-family opportunity

3 FORSYTH STREET · Marmora and Lake (Marmora Ward), Ontario K0K2M0

Asking price$249,900
Property typeMulti-family
Building area4,439.1 square feet

The Opportunity

Overview

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:61970)

Investment highlights

  1. 01Multi-family

Property details

Property type
Multi-family
Transaction
sale
Building area
4,439.1 square feet
Listing brokerage
Century 21 Lanthorn Real Estate Ltd.
Listing representative
Travis Royle
Board / association
Central Lakes

Financial information

Asking$249,900

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Location intelligence

Marmora and Lake (Marmora Ward)

Documents

Source Record

Current listing facts, with attribution intact.

Source
REALTOR.ca DDF®
Listing status
active
Source ID
29118112
Last supplied
September 5, 2026
Listing brokerage
Century 21 Lanthorn Real Estate Ltd.
Listing representative
Travis Royle
Board / association
Central Lakes

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Listing brokerage: Century 21 Lanthorn Real Estate Ltd. · Listing representative: Travis Royle · Board/association: Central Lakes · Updated: Sep 5, 2026

Listing content is supplied through REALTOR.ca DDF®. Information is deemed reliable but is not guaranteed and should be independently verified. Commercially is not the listing brokerage unless expressly stated.

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