$1,199,900

108 Russell St N

, Centre Hastings, Ontario, K0K 2K0

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Calling all INVESTORS, and just in time as the newly announced Canada Housing Plan starts to kick off! This 3 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!

Property Info
MLS®: X8258610
Listing Courtesy of ROYAL LEPAGE PROALLIANCE REALTY
Total Bedrooms 0
Total Bathrooms 4
Floor Space 0 sq.ft.
Lot Size 17126 sq.ft.
Style 3-Storey
Last Updated 2024-04-22
Property Type Multiplex
Listed Price $1,199,900
Unit Pricing $1,199,900/sq.ft.
Strata Fee $
Tax Estimate $8,821/Year
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