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Home ON Hastings Centre Hastings
108 RUSSELL Street N
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108 RUSSELL Street N $1,150,000
7 days ago
$1,150,000
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108 RUSSELL Street N
Madoc, Ontario K0K2K0

MLS® Number: 40684945
0
Bathrooms
5476
Square Feet

Listing Description

Calling all INVESTORS, and just in time as the newly announced Canada Housing Plan starts to kick off! This3 Story 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! (68417757)

Location Description

Take Highway 62 to Madoc

Property Summary

Property Type
Multi-family
Storeys
3
Square Footage
5476 sqft
Subdivision Name
Huntingdon Ward
Title
Freehold
Land Size
under 1/2 acre
Annual Property Taxes
$9,224.94
Total Parking Spaces
9
Time on REALTOR.ca
7 days

Building

Bathrooms
Total
0
Interior Features
Basement Type
Crawl space (Unfinished)
Building Features
Total Units
0
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Forced air, (Natural gas)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Neighbourhood Features
Community Features
High Traffic Area, Community Centre, School Bus
Amenities Nearby
Park, Place of Worship, Playground, Schools, Shopping
Parking
Total Parking Spaces
9

Measurements

Square Footage
5476 sqft
Above Grade Finished
5476 sqft
Source: Other

Land

Lot Features
Frontage
104 ft
Land Depth
165 ft
Other Property Information
Access
Road access
Zoning Description
R4 6H
Data provided by: Barrie & District Association of REALTORS® Inc. 676 Veterans Drive, Barrie, Ontario L9J 0H6

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