108 Russell St N Centre Hastings, ON K0K 2K0

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$1,150,000

BATH

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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 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!

MLS®:
X11201193

Taxes
$9,225(2024)

Type
Multifamily

Style
3-Storey

County
Hastings County

Listed By

Royal Lepage Proalliance Realty

Source
TORONTO IDX
Last checked Jan 2 2025 at 10:49 AM EST

Bathroom Details

Heating and Cooling

Forced Air
Central Air

Basement Information

Crawl Space

Exterior Features

Brick

Utility Information

Sewer: Sewers
Fuel: Gas

Garage

None

Disclaimer: Copyright 2025 Toronto IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 1/2/25 02:49

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