3 Forsyth Street, Marmora and Lake, ON K0K 2M0
Marmora Ward, Marmora and Lake · Near Madoc St · View map
About this home
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.
The home
- Type
- Triplex
- Style
- 2-Storey
- Square footage
- < 700 sq ft
- Bedrooms
- 4
- Bathrooms
- 0
- Rooms
- 13
- Basement
- Partial Basement, Unfinished
- Lot size
- 73.8 x 132.5 ft
- Faces
- West
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick
Heating & cooling
- Fireplace
- No
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $2,265/yr
- Tax year
- 2025
- Occupancy
- Vacant
- Possession
- Flexible
- Cross street
- Madoc St
- Neighbourhood
- Marmora Ward
More
- MLS® number
- X12558836
No matching details. Ask Will instead
No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
3 Forsyth Street, Marmora and Lake, ON K0K 2M0
Marmora Ward, Marmora and Lake · Near Madoc St
Get directionsWhat’s nearbySchools nearby
Open this tab to load nearby schools.
Your commute
Enter where you go every day to see real drive times:
Listing history for 3 Forsyth Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.
Frequently asked questions about 3 Forsyth Street
Answers come straight from this home’s MLS® listing.
How much is 3 Forsyth Street listed for, and what would it cost each month?
3 Forsyth Street is listed for $249,900. With 20% down ($49,980), the mortgage payment would be roughly $1,008 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $1,197 a month, all in. That figure is an illustration, not a quote.
Is 3 Forsyth Street freehold or a condo, and is there a monthly fee?
3 Forsyth Street is a triplex in Marmora Ward, Marmora and Lake. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 3 Forsyth Street have?
3 Forsyth Street has 4 bedrooms. The listing gives the style as 2-storey.
Does 3 Forsyth Street have a garage and parking?
The listing does not show a garage. The listing does not include a parking space.
Does 3 Forsyth Street have a finished basement?
The listing describes the basement as partial basement, unfinished.
What style of home is 3 Forsyth Street?
3 Forsyth Street is a triplex. A multiplex holds two or more separate units under one roof, often bought to live in one unit and rent the others.
How big is 3 Forsyth Street, and what is the lot size?
The lot is listed as 73.8 x 132.5 ft.
What are the property taxes for 3 Forsyth Street?
Property taxes are $2,265 a year (2025), or about $189 a month.
Where is 3 Forsyth Street?
3 Forsyth Street is in the Marmora Ward community of Marmora and Lake. The nearest main intersection is Madoc St. The postal code is K0K 2M0.
Is 3 Forsyth Street still for sale?
Yes. It is an active listing (MLS® X12558836). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 3 Forsyth Street asking?
Similar properties for sale nearby right now include 3 FORSYTH Street at $249,900, 15 Madoc Street at $259,900 (3 bed) and L05 - 160 Terrace Road at $199,000 (3 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 3 Forsyth Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 3 Forsyth Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near Marmora Ward, picked by style, size and price.
Investment$249,9003 FORSYTH Street, Marmora and LakeMarmora WardCourtesy of: Century 21 Lanthorn Real Estate Ltd.View home →
Detached home$259,90015 Madoc Street, Marmora and Lake3 bed · 2 bath · Marmora WardCourtesy of: Exp RealtyView home →
Modular home$199,000L05 - 160 Terrace Road, Marmora and Lake3 bed · 1 bath · Marmora WardCourtesy of: RE/MAX Rouge River Realty Ltd.View home →Courtesy of: Century 21 Lanthorn Real Estate Ltd.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. 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.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.