108 RUSSELL STREET N, Madoc, Ontario, CA

Address: 108 RUSSELL STREET N, Madoc, Ontario

0 Beds3 Baths5476 sqftStatus: Buy
Price $1,150,000

Property Overview


Calling all INVESTORS, and just in time as the newly announced Canada Housing Plan starts to kick off! This 3 Storey building has loads of investment potential, use it as office space for your large business on one floor and rent the other floors or keep it all for yourself! (Medical Centre, Law Offices, Accounting Firms etc..,) Currently laid out with 21 office spaces in total, each floor offers a kitchen/kitchenette and washrooms. But that's not all, this unique property can also be converted to residential use!! Currently zoned Residential (R4 6H); and has also been approved by the Municipality to be rezoned to develop up to a maximum of 9 residential units, 3 units per each floor! Not interested in the rental property industry..? No problem, register the building as a Condo Corporation and sell each residential unit separately, With an elevator already existing, it makes this property wheelchair accessible. Be sure to check in with google, to read about all the opportunities with our Canadian Governments Housing Plans! Get your business plans and ideas rolling, multitudes of opportunities with this property! (id:51532)

 

Tags




Property Summary
Property Type
Office
Building Type
Offices
Square Footage
5476 sqft
Land Size
103.78 x 165.02 FT
Building
Building Features
Features
Elevator
Square Footage
5476 sqft
Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Other
Utilities
Water
Municipal water
Land
Other Property Information
Zoning Description
R4 6H
Features
           Elevator            Fully air conditioned
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Your Home Finance Calculation

Property Price CA $1,150,000
Bank Loan Amount CA $0
Monthly Installment CA $0

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