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Home ON Hastings Centre Hastings
108 RUSSELL STREET N
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108 RUSSELL STREET N $1,150,000
$1,150,000
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108 RUSSELL STREET N
Centre Hastings, Ontario K0K2K0

MLS® Number: X8258610
4
Bathrooms
-
Square Feet

Listing Description

Attention INVESTORS! With the newly announced Canada Housing Plan gaining momentum, now is the perfect time to seize this incredible opportunity. This versatile 3-story building is brimming with potential. Utilize one floor for your large business ideal for a medical center, law office, accounting firm, or more while renting out the other floors for additional income. Currently designed with 21 office spaces, each floor is equipped with kitchen or kitchenette facilities and washrooms. But that's just the beginning! This unique property is zoned commercial and has received municipal approval for conversion to residential use, allowing for up to 9 residential units3 units per floor. Not interested in the rental market? No problem! You can register the building as a Condo Corporation and sell each residential unit separately. Plus, with an existing elevator, the property is wheelchair accessible, enhancing its appeal. Explore the opportunities presented by the Canadian government's housing initiatives and get your business plans rolling. This property offers a multitude of possibilities waiting to be unlocked! (35042473)

Location Description

Highway 62

Property Summary

Property Type
Multi-family
Building Type
Other
Storeys
3
Land Size
103.78 x 165.02 FT|under 1/2 acre
Annual Property Taxes
$9,224.91
Total Parking Spaces
9
Time on REALTOR.ca
213 days

Building

Bathrooms
Total
4
Partial
4
Interior Features
Basement Type
Crawl space
Building Features
Foundation Type
Block
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Forced air (Natural gas)
Utilities
Utility Type
Cable (Available), Sewer (Installed)
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Parking
Total Parking Spaces
9

Rooms

MetricImperial
Main level
Office
Foyer
Office
Office
Kitchen
Office
Office
Bathroom
Bathroom

Land

Lot Features
Frontage
103 ft ,9 in
Land Depth
165 ft
Other Property Information
Zoning Description
C2
Data provided by: Central Lakes Association of REALTORS® Unit 5 - 1100 BENNETT Road, BOWMANVILLE, Ontario L1C 0Y7

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