For saleMLS® X12558842

3 FORSYTH Street, Marmora and Lake, ON K0K 2M0

Marmora Ward, Marmora and Lake · Near Forsyth St., Marmora see property on the west side · View map

$249,900
4439.1Sq ft
InvestmentType
1 totalParking
$2,265/yrTaxes
$249,900
FreeholdNo monthly condo fee
Parking includedComes with the home
Lot 73.8 x 132.5 ftThe land comes with the home

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
Investment
Square footage
4439.1 sq ft
Lot size
73.8 x 132.5 ft

Ownership & fees

Ownership
Freehold
Monthly condo fee
None

Garage & parking

Driveway spaces
1
Total parking
1

Taxes & other

Property taxes
$2,265/yr
Tax year
2025
Occupancy
Vacant
Possession
Flexible
Cross street
Forsyth St., Marmora see property on the west side
Neighbourhood
Marmora Ward

More

MLS® number
X12558842

No features listed yet.

Want to know something that isn’t listed?
Estimated monthly cost$1,197per month, all in
  • Mortgage
  • Property tax

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.

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    3 FORSYTH Street, Marmora and Lake, ON K0K 2M0

    Marmora Ward, Marmora and Lake · Near Forsyth St., Marmora see property on the west side

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    Sold history

    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.

    Questions & answers

    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 investment 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.

    Does 3 FORSYTH Street have a garage and parking?

    The listing does not show a garage. The driveway adds 1 space. In total the listing counts 1 parking space.

    What style of home is 3 FORSYTH Street?

    3 FORSYTH Street is an investment. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.

    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 Forsyth St., Marmora see property on the west side. The postal code is K0K 2M0.

    Is 3 FORSYTH Street still for sale?

    Yes. It is an active listing (MLS® X12558842). 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 (4 bed), 102379B Highway 7 at $259,000 and 102405 Highway 7 at $199,900. 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.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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