108 Russell Street N Madoc, Ontario K0K 2K0
$1,150,000
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 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:52603)
Property Details
| MLS® Number | X11202648 |
| Property Type | Office |
| Amenities Near By | Highway |
| Features | Elevator |
Building
| Bathroom Total | 3 |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Other |
| Size Interior | 5476 Sqft |
| Type | Offices |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Highway |
| Size Depth | 165 Ft |
| Size Frontage | 103 Ft ,9 In |
| Size Irregular | 103.78 X 165.02 Ft |
| Size Total Text | 103.78 X 165.02 Ft |
| Zoning Description | R4 6h |
https://www.realtor.ca/real-estate/27688211/108-russell-street-n-madoc
6 Bridge St E Unit B
Tweed, Ontario K0K 3J0
(613) 478-6600
6 Bridge St E Unit B
Tweed, Ontario K0K 3J0
(613) 478-6600
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December 06 2024 09:19:26
Durham Region Association of REALTORS®
Royal LePage Proalliance Realty