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3 Forsyth Street Marmora and Lake ON

📍 Marmora and Lake, Ontario K0K 2M0

$269,900

Active
4BEDS
73.75×132.5LOT (FT)

📋 Listing Highlights

StatusActive
MLS®X12558836
ListedNov 19, 2025
Days on Market—
Property TypeResidential Freehold
StyleTriplex
Cross StreetMadoc St
PossessionFlexible
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📝 Listing Description

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.

🏠 Property Details

Property TypeResidential Freehold
StyleTriplex
Bedrooms4

📐 Lot & Land

Lot Width73.75 ft
Lot Depth132.5 ft
Cross StreetMadoc St

🔧 Building & Utilities

Heat SourceOther
HeatingOther
CoolingNone
BasementPartial Basement, Unfinished
GarageNone
ConstructionBrick
RoofMetal

💰 Financial

List Price$269,900
Annual Taxes$2,265 (2025)
PossessionFlexible

🧮 Mortgage Calculator

$53,980
Est. Monthly Payment
$1,326/mo
Principal: $215,920 · P+I only
Does not include taxes, insurance or CMHC

📍 Location

Listing provided by CENTURY 21 LANTHORN REAL ESTATE LTD.Data via PropTx MLS® / TRREB. Information deemed reliable but not guaranteed.MLS® #X12558836 · Last updated: Jul 14, 2026

Information deemed reliable but not guaranteed. © TRREB / PropTx. MLS® is a trademark of CREA. This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate.