108 Russell Street N Madoc, Ontario K0K 2K0
$1,199,900
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 commercial; but the property 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:47351)
Property Details
| MLS® Number | X8252178 |
| Property Type | Office |
| AmenitiesNearBy | Highway |
| Features | Elevator |
Building
| BathroomTotal | 3 |
| CoolingType | Fully Air Conditioned |
| HeatingFuel | Natural Gas |
| HeatingType | Other |
| SizeInterior | 5476 Sqft |
| Type | Offices |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| LandAmenities | Highway |
| SizeDepth | 165 Ft |
| SizeFrontage | 103 Ft |
| SizeIrregular | 103.78 X 165.02 Ft |
| SizeTotalText | 103.78 X 165.02 Ft |
| ZoningDescription | C2 |
https://www.realtor.ca/real-estate/26777157/108-russell-street-n-madoc
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August 26 2024 07:49:05
Durham Region Association of REALTORS®
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