Marmora And Lake, ON K0K 2M0,1 Forsyth ST
Marmora And Lake, ON K0K 2M0,1 Forsyth ST
Marmora And Lake, ON K0K 2M0,1 Forsyth ST
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$1,280,000
Est. payment /mo
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4,033 SqFt
Active

1 Forsyth ST Marmora And Lake, ON K0K 2M0

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Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 4,033 sqft

Price per Sqft $317

Subdivision Marmora Ward

MLS Listing ID X12311242

Annual Tax Amount $4,047

Tax Year 2024

Property Sub-Type Commercial Retail

Lot Depth 137.14

Lot Front 29.42

Property Description

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.

Location

Province ON

County Hastings

Community Marmora Ward

Area Hastings

Interior

Heating Yes

Cooling No

Exterior

Community Features Major Highway

Utilities Available Available

Lot Frontage 29.42

Lot Depth 137.14

Others

Security Features No


Listed by CYPRO REALTY INC.

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agent

Mitra Nobakht-Eivaly

Real Estate Sales Representatives

+1(416) 832-9292

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1 Forsyth ST