$1,199,900 FOR SALE

Office

Lot: 103.78 x 165.02 ftTotal Area: 5,476 ft2
2023 Taxes: $8,821.02

108 Russell St N
Madoc, ON K0K 2K0 | Hastings

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!

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Listed By ROYAL LEPAGE PROALLIANCE REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X8252178
Last Updated Aug 26, 2024
Property Summary
Property Type Office

More like this:
Category Office
PIN 406210140
Legal Description LT 5 W/S RUSSELL ST PL 105; PT LT 6 W/S RUSSELL ST PL 105 PT 1 21R3022; T/W R/W PT 2 21R3022 EXCEPT PT 1 21R4114 AS IN QR234630; CENTRE HASTINGS; COUNTY OF HASTINGS
Occupancy Vacant
Possession Date Flexible
Taxes (2023) $8,821.02
Tax Type Annual
Assessment (2023) $361,000
Directions/Cross Streets Highway 62
Area Hastings
Price History
Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Freestanding Y
Bathrooms 3
Lot 103.78 x 165.02 ft
Office/Apt Area 5,476 ft2
Total Area 5,476 ft2
Elevator Public
Air Conditioning Y
Basement Y
Garage Type None
Amps 400
Heat Type Gas Forced Air Open
Area Influences Major Highway
Sprinklers N
Utilities Y
Water Municipal
Lot/Bldg/Unit Code Lot
Zoning C2
Seller Property Info Statement N

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