Scout N Secure

$249,900

Map

3 Forsyth Street

Marmora Ward, Marmora and Lake, Ontario K0K2M0

For sale· Added

4 bed0 bath0–699 sqft

About this home

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

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Property details

Listing

MLS® number
X12558836
Added
Nov 19, 2025 ()
Updated
Sep 5, 2026 ()
Info refreshed

Overview

Property type
Multi-family
Building type
Triplex
Storeys
2

Inside

Bedrooms
4
Bathrooms
0
Heating
Other, Other
Cooling
None
Fireplace
No

Building

Basement
Unfinished, Partial
Exterior
Brick
Foundation
Stone
Parking
No Garage

Land

Lot size
73.8 x 132.5 ft
Zoning
RES

Services

Water
Municipal water
Sewer
Sanitary sewer

Location

Cross streets
Madoc St
Directions
Madoc Street to Forysth Street.

Running costs

Annual property tax
$2,265

Ask about this home

$249,900
3 Forsyth Street
Request a viewing

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