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25 & 27 Forsyth Street, Marmora and Lake, ON K0K 2M0
Marmora Ward · Marmora and Lake · K0K 2M0
$499,000
About this property
Two commercial buildings being sold together in the heart of Marmora.29 Forsyth Street previously consisted of two commercial units fronting the main street, which have since been opened up into one large space. The building has been vacant for approximately three years and requires TLC, renovations, and restoration to bring it back to its former potential.25 Forsyth Street features two commercial units on the lower level and previously included three upper-level residential apartments. The residential units now require extensive renovations. The first commercial unit was formerly a well-established restaurant, while the second unit offers excellent potential for a retail store or other commercial use. Both buildings require extensive renovation and restoration.Hydro and natural gas services are currently disconnected to both buildings. Properties are being sold strictly in "As Is" condition.An excellent opportunity for investors, entrepreneurs, or those looking to create and customize commercial and residential spaces to suit their own vision.The current owner has completed some renovations and improvements to the property; however, additional renovations and restoration work are still required to bring the buildings to their full potential. The property is being sold in "As Is" condition.Taxes 26 Forsyth Street $3919, 29 Forsyth Street $3225.
Details
- Property type
- Commercial Retail · Commercial
- Lot
- 48.25 × 165.65 Feet
- Year built
- 31-50
- Heating
- Gas Forced Air Open
- Cooling
- Yes
- Garage
- None
- Taxes
- $7,144 (2026)
Location
Approximate location, placed by postal code. Postal code data © GeoNames (CC BY 4.0).
Payments on this home
Estimated monthly payment
$2,209
Principal and interest only, using Canadian semi-annual compounding. Taxes, insurance, and CMHC premiums (required under 20% down) are extra. For planning, not a lending commitment.
Listing courtesy of RE/MAX CROSSROADS REALTY INC.. Listing data provided by the originating real estate board via PropTx Amplify Syndication.
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