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Last Updated : 611 Days ago
108 Russell St N, Madoc, Ontario,

108 Russell St N, Madoc MLS Number: X11202648

Madoc, Hastings, ON, K0K 2K0

$1,150,000

Status: OFF MARKET

  • Property Type: Commercial (Office)
  • Property Taxes : $9224.91 (Tax Year:2024)
  • Listing Courtesy : Royal Lepage Proalliance Realty

108 Russell St N Property Description

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!

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108 Russell St N Property Facts

Property Type :Commercial
MLS Number :X11202648
Listing Type :Sale
Possession Date :
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Last Updated :06 Dec, 2024 (611 Days ago)
Source :TRREB
Area :Hastings
Postal Code : K0K 2K0

108 Russell St N Property Price & Tax Insights

Price : $1,150,000
Property Taxes :$9224.91
Tax Year :2024

108 Russell St N, Madoc Property Details

Cross Street :Highway 62

108 Russell St N, Madoc - Price History

2024-10

29 Oct, 2024

TREB #X8252178

Available

$1150000.0

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108 Russell St N - Location Map and Landmarks

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