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. (id:53156)
| Business Type | Residential |
| Business Sub Type | Apartments |
| MLS® Number | X12558842 |
| Property Type | Multi-family |
| Community Name | Marmora Ward |
| Amenities Near By | Recreation |
| Parking Space Total | 1 |
| Cooling Type | None |
| Heating Type | No Heat |
| Size Exterior | 4439.1 Sqft |
| Size Interior | 4,439 Ft2 |
| Type | Multi-family |
| Utility Water | Municipal Water |
| Acreage | No |
| Land Amenities | Recreation |
| Size Depth | 132 Ft ,6 In |
| Size Frontage | 73 Ft ,9 In |
| Size Irregular | Bldg=73.75 X 132.5 Ft |
| Size Total Text | Bldg=73.75 X 132.5 Ft |
| Zoning Description | Res |
Travis Royle
Broker
(613) 967-2100
(613) 967-4688
c21lanthorn.ca/belleville-office
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
Sales Representative
Royal LePage Edmonds & Associates
P: 613.401.4267
