Scout N Secure

$249,900

Map

3 Forsyth Street

Marmora Ward, Marmora and Lake, Ontario K0K2M0

For sale· Added

4,439 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
X12558842
Added
Nov 19, 2025 ()
Updated
Sep 5, 2026 ()
Info refreshed

Overview

Property type
Multi-family
Building type
Multi-Family

Inside

Heating
No heat
Cooling
None
Fireplace
No

Building

Parking
1 space

Land

Lot size
Bldg=73.75 x 132.5 ft
Zoning
Res

Services

Water
Municipal water

Location

Cross streets
Forsyth St., Marmora see property on the west side
Directions
Madoc Street.

Running costs

Annual property tax (2025)
$2,265

Ask about this home

$249,900
3 Forsyth Street
Request a viewing

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