1 Forsyth Street, Marmora and Lake, ON K0K 2M0

Marmora and Lake K0K 2M0 Ontario

MLS: X12311242

$1,280,000

Added 43 days ago | For Sale

Listed by: CYPRO REALTY INC.

About Property

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.

Features

  • House Style:Commercial Retail
  • Bathrooms:
  • Land Size: 29.42 X 137.14
  • Water:Municipal
  • Garage Spaces: /Other
  • Driveway:
  • Heating Fuel:
  • Cross Street:Forsyth St Just North Of Hwy 7
  • Basement: ,
  • Possession Date:FLEX
  • Annual Property taxes: $4047.9
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:Other
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12311242

About Agent
Tajinder Sarao
REALTOR®
(647) 206-7222 [email protected]
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