3 FORSYTH Street
Marmora And Lake, Hastings ON K0K 2M0
$249,900
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.
| Listing Key: | X12558842 |
|---|---|
| List Price: | $249,900 |
| Property Type: | Commercial |
| Property Sub Type: | Investment |
| Property Status: | Active |
| Bathrooms Total Integer: | 0 |
| Tax Annual Amount: | $2,265 |
| Waterfront?: | No |
| City: | Marmora And Lake |
| City Region: | Marmora Ward |
| Postal Code: | K0K 2M0 |
| Assessment Year: | 2,025 |
| Basement Yn: | No |
| Building Area Total: | 4439.1 |
| Building Area Units: | Square Feet |
| Business Type: | Apts - 2 To 5 Units |
| City Region: | Marmora Ward |
| Community Features: | Recreation/Community Centre |
| Contract Status: | Available |
| Cooling: | No |
| Cross Street: | Forsyth St., Marmora see property on the west side |
| Ddfyn: | Yes |
| Freestanding Yn: | Yes |
| Garage Type: | None |
| Heat Type: | None |
| Holdover Days: | 30 |
| Hst Application: | In Addition To |
| Listing Contract Date: | 2025-11-19 |
| Listing Key: | X12558842 |
| List Price Unit: | For Sale |
| Lot Depth: | 132.5 |
| Lot Size Dimensions: | 132.5 x 73.75 |
| Lot Size Units: | Feet |
| Lot Type: | Building |
| Lot Width: | 73.75 |
| Status: | Price Change |
| Original List Price: | $299,900 |
| Parcel Number: | 401650214 |
| Parking Spaces: | 1 |
| Possession Details: | Flexible |
| Property Use: | Apartment |
| Roll Number: | 124124201504000 |
| State Or Province: | ON |
| Tax Assessed Value: | $116,000 |
| Tax Type: | Annual |
| Tax Year: | 2025 |
| Transaction Type: | For Sale |
| Utilities: | None |
| Water: | Municipal |
| Zoning: | Res |
| Directions: | Madoc Street |
| Lot Size Area: | 0.223 |
| Possession Type: | Flexible |
| Heat Type Multi: | None |
| County Or Parish: | Hastings |
| City: | Marmora and Lake |
Listing Courtesy of: Century 21 Lanthorn Real Estate Ltd.
Listing Agent:
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Toronto Real Estate Board data last updated on October 08, 2026 05:01 PM - ET.
Property Last Updated: October 08, 2026 05:01 PM - ET
