$1,280,000
Available - For Sale
Listing ID: X12311242
1 Forsyth Street , Marmora and Lake, K0K 2M0, Hastings
| Outstanding Investment Opportunity! This 2-storey mixed-use building is ideally located just steps from downtown Marmora. Featuring a commercial storefront on the main floor and 7 fully tenanted residential rental units, this property offers a stable and diverse income stream. The residential units include 2 one-bedroom, 4 two-bedroom, and 1 three-bedroom apartments. With excellent corner exposure and consistent tenancy, this property delivers a strong cap rate and a gross annual rental income of over $124,410 (as per seller). A prime addition to any real estate portfolio. |
| Price | $1,280,000 |
| Taxes: | $4047.90 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 1 Forsyth Street , Marmora and Lake, K0K 2M0, Hastings |
| Postal Code: | K0K 2M0 |
| Province/State: | Hastings |
| Legal Description: | Plan 83 Pt Lot 4 And Plan 264 Pt Madoc S |
| Directions/Cross Streets: | Forsyth St Just North Of Hwy 7 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 0 | |
| Washroom Type 17 | 0 | |
| Washroom Type 18 | 0 | |
| Washroom Type 19 | 0 | |
| Washroom Type 20 | 0 |
| Category: | Multi-Use |
| Use: | Other |
| Building Percentage: | T |
| Total Area: | 4033.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | % |
| Area Influences: | Major Highway |
| Sprinklers: | No |
| Washrooms: | 0 |
| Heat Type: | Other |
| Central Air Conditioning: | No |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| CYPRO REALTY INC. |
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Hamid-Reza Danaie
Broker
Dir:
416-904-7200
Bus:
905-889-2200
Fax:
905-889-3322
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Hastings |
| Municipality: | Marmora and Lake |
| Neighbourhood: | Marmora Ward |
| Tax: | $4,047.9 |
| Fireplace: | N |
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