108 RUSSELL STREET N, Madoc

2024-04-19
 

Quick Summary

Location
108 RUSSELL STREET N, Madoc, Ontario K0K2K0
Price
$1,199,900 CAD
Status:
For Sale
Property Type:
Office
Area:
5476ft2
Bathrooms:
3
Video Link:

MLS®#X8252178

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 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! (id:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Highway

Building

  • Cooling Type: Fully air conditioned
  • Fireplace: No
  • Interior Size: 5476 sqft
  • Building Type: Offices
  • Utility Water: Municipal water

Features

  • Feature: Elevator

Land

  • Land Size: 103.78 x 165.02 FT

Zoning

  • Description: C2

Information entered by ROYAL LEPAGE PROALLIANCE REALTY
Listing information last updated on: 2024-09-03 23:36:23


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$500,000

Your One Percent Realty Commission savings

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Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 5% + HST . Not all agents charge the same.

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What is the deal exactly, with One Percent?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estate sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

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