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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.
City: Marmora and Lake

| Purchase Price | $299,900 |
| Down Payment | $59,980 |
| Mortgage Insurance | $0 |
| Total Mortgage | $239,920 |
| Mortgage Payment | $1,478 |
| Property Taxes | $189 |
| Maintenance Fees | $0 |
| Monthly Payment | $1,667 |
Located at 3 Forsyth Street , this Marmora and Lake house is available for sale. This property was listed for $279,900 on Fri Mar 27 2026. It has 4 bedrooms and 0 bathrooms. The property includes the following rooms: .
MLS#: undefined · $279,900 · 4 bedroom house in Marmora and Lake