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$1,150,000
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108 Russell St, Madoc, ON

Real Estate

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  • Key Facts
  • Description
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Key Facts

Type Multi Family
Levels Residential Income
Size 5476 sqft
Garage No
Taxes $9,225
Lot Size 
Approx. Age 
Avg. Price Per Sqft $210
MLS® Number 40684945

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Calling all INVESTORS, and just in time as the newly announced Canada Housing Plan starts to kick off! This3 Story building has loads of investment potential, use it as office space for your large business on one floor and rent the other floors or keep it all for yourself! (Medical Centre, Law Offices, Accounting Firms etc.., ) Currently laid out with 21 office spaces in total, each floor offers a kitchen/kitchenette and washrooms. But that's not all, this unique property can also be converted to residential use!! Currently zoned Residential (R4 6H); and has also been approved by the Municipality to be rezoned to develop up to a maximum of 9 residential units, 3 units per each floor! Not interested in the rental property industry..? No problem, register the building as a Condo Corporation and sell each residential unit separately, With an elevator already existing, it makes this property wheelchair accessible. Be sure to check in with google, to read about all the opportunities with our Canadian Governments Housing Plans! Get your business plans and ideas rolling, multitudes of opportunities with this property!Show Description
MLS® Number40684945
Laundry LevelNone
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age
BasementCrawl Space, Unfinished
Driveway
Garage Spaces
HeatForced Air, Natural Gas
A/CCentral Air
Heating Fuel

Extras

None

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