$1,150,000 FOR SALE

Multiplex

Bathrooms: 4Lot: 103.75 x 165 ft

108 Russell Street N
Centre Hastings, ON K0K 2K0

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:47423)

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Listed By ROYAL LEPAGE PROALLIANCE REALTY
Data Provided By Central Lakes Association of REALTORS®
MLS® Listing Number X11201193
Last Updated Dec 06, 2024
Property Summary
Property Type Multiplex

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Price History
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Detailed Information
Bathrooms 4
Lot 103.75 x 165 ft
Listing Contract Date 2024-11-27
Location Description Highway 62
# of Parking Spaces 9
Property Type Multi-family
Transaction Type For sale
Zoning Description R4 6H
Building
Basement Type Crawl space
Cooling Type Central air conditioning
Exterior Finish Brick
Foundation Type Block
# of Half Bathrooms 4
Heating Fuel Natural gas
Heating Type Forced air
Stories Total 3
Type Other
Utility Water Municipal water
Rooms
Room Level Dimensions Notes
OfficeMain level3.718 m x 5.364 m
FoyerMain level2.987 m x 2.286 m
OfficeMain level3.657 m x 2.865 m
OfficeMain level3.657 m x 2.987 m
KitchenMain level7.955 m x 3 m
OfficeMain level3.383 m x 2.865 m
OfficeMain level5.791 m x 3.413 m
BathroomMain level2.621 m x 2.316 m
BathroomMain level1.042 m x 1.524 m
Utilities
Type Description
CableAvailable
SewerInstalled
Land
Total Size 103.78 x 165.02 FT | under 1/2 acre
Sewer Sanitary sewer
Size of Irregular Land 103.78 x 165.02 FT

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