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$ 1,150,000
Est. payment /mo
New
108 Russell ST N Centre Hastings, ON K0K 2K0
4 Baths
UPDATED:
11/28/2024 05:10 PM
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID X11201193
Style 3-Storey
Annual Tax Amount $9,224
Tax Year 2024
Property 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 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!
Location
Province ON
County Hastings
Area Hastings
Rooms
Family Room No
Basement Crawl Space
Kitchen 3
Interior
Interior Features None
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Parking Features Private
Garage Spaces 9.0
Pool None
Roof Type Shingles
Total Parking Spaces 9
Building
Foundation Block
Listed by ROYAL LEPAGE PROALLIANCE REALTY