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! (id:4069)
Address
108 RUSSELL STREET N
List Price
$1,150,000
Property Type
Multi-family
Type of Dwelling
Other
Area
Ontario
Sub-Area
Centre Hastings
Bathrooms
4
Lot Size
103.78 x 165.02 FT Ac.
MLS® Number
X11201193
Listing Brokerage
ROYAL LEPAGE PROALLIANCE REALTY
Basement Area
Crawl space
Postal Code
K0K2K0
Zoning
R4 6H
