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This 3-storey building presents a rare opportunity for residential redevelopment with strong upside potential. Zoned Residential (R4-6H), the property has municipal approval to allow up to 9 residential units, with 3 units per floor, making it well suited for a full conversion project or long-term investment. Currently configured with 21 office spaces, the existing layout offers a flexible starting point for redesign. Each floor includes kitchen or kitchenette areas and washrooms, along with an existing elevator that supports accessibility across all levels. Whether you're looking to develop multi-unit housing or explore a condo conversion and sell units individually, this property offers a clear path forward in a growing housing market.
City: Centre Hastings

| Purchase Price | $1,100,000 |
| Down Payment | $220,000 |
| Mortgage Insurance | $0 |
| Total Mortgage | $880,000 |
| Mortgage Payment | $5,423 |
| Property Taxes | $504 |
| Maintenance Fees | $0 |
| Monthly Payment | $5,927 |
Located at 108 Russel Street , this Centre Hastings house is available for sale. This property was listed for $1,100,000 on Thu Apr 02 2026. It has 0 bedrooms and 4 bathrooms. The property's amenities include Arts Centre, Library, Park, Place Of Worship, River/Stream, School. The property includes the following rooms: . This property comes with 9 parking spots.
MLS#: undefined · $1,100,000 · 0 bedroom house in Centre Hastings