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$1,150,000
Available - For Sale
Listing ID: X8258610
Attention INVESTORS! With the newly announced Canada Housing Plan gaining momentum, now is the perfect time to seize this incredible opportunity. This versatile 3-story building is brimming with potential. Utilize one floor for your large business ideal for a medical center, law office, accounting firm, or more while renting out the other floors for additional income. Currently designed with 21 office spaces, each floor is equipped with kitchen or kitchenette facilities and washrooms. But that's just the beginning! This unique property is zoned commercial and has received municipal approval for conversion to residential use, allowing for up to 9 residential units3 units per floor. Not interested in the rental market? No problem! You can register the building as a Condo Corporation and sell each residential unit separately. Plus, with an existing elevator, the property is wheelchair accessible, enhancing its appeal. Explore the opportunities presented by the Canadian government's housing initiatives and get your business plans rolling. This property offers a multitude of possibilities waiting to be unlocked!
Price $1,150,000
Taxes: $9,224.91
Assessment: $361000
Assessment Year: 2024
Address: 108 Russell St North , Centre Hastings, K0K 2K0, Ontario
Lot Size: 103.78 x 165.02 (Feet)
Acreage: < .50
Directions/Cross Streets: Highway 62
Rooms: 41
Bedrooms: 0
Washrooms: 4
Kitchens: 3
Family Room: N
Basement: Crawl Space
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Office 12.20 17.58
Room 2: Main Foyer 9.81 7.51
Room 3: Main Office 12.00 9.41
Room 4: Main Office 12.00 9.81
Room 5: Main Kitchen 26.11 9.84
Room 6: Main Office 11.09 9.41
Room 7: Main Office 18.99 11.18
Room 8: Main Bathroom 8.59 7.61
Room 9: Main Bathroom 3.41 4.99
No. of Pieces Level
Washroom 1:  2 Main
Washroom 2:  2 Main
Washroom 3:  2 2nd
Washroom 4:  2 3rd
Property Type: Multiplex
Style: 3-Storey
Exterior: Brick
Garage Type: None
(Parking/)Drive: Private
Drive Parking Spaces: 9
Pool: None
Fireplace/Stove: N
Heat Source: Gas
Heat Type: Forced Air
Central Air Conditioning: Central Air
Sewers: Sewers
Water: Municipal
Utilities-Cable: A
Utilities-Hydro: Y
Utilities-Gas: Y
Utilities-Telephone: A
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ROYAL LEPAGE PROALLIANCE REALTY

108 Russell St North , Centre Hastings, K0K 2K0, Ontario

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MD Ashraful Bari
Broker
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647.406.6653
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905.201.9977
Fax:
905.201.9229

 
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Type: Freehold - Multiplex
Area: Hastings
Municipality: Centre Hastings
Neighbourhood:
Style: 3-Storey
Lot Size: 103.78 x 165.02(Feet)
Approximate Age:
Tax: $9,224.91
Maintenance Fee: $0
Beds: 0
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
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Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

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HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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