3 Forsyth Street, Marmora And Lake
Investment/Development Opportunity 4 Residential Units + 1 Commercial (Convertible to Residential) Excellent opportunity to redevelop a multi-unit property with significant work already completed. Which has the potential to be converted to a 5th residential unit. The building has been fully gutted and is in broom swept condition with a new steel roof and new electrical panels for all 5 units already installed. Seller's plans are available. With converting to 5 residential units, this project is an ideal candidate for CMHC MLI Select financing, offering strong potential for long term cash flow once completed. Ready for the next owner to take it across the finish line. (id:1945)
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Property details for 3 Forsyth Street, Marmora And Lake
- Type
- Multi-family
- Living Area
- 4,439 square feet
- Lot Size
- Bldg=73.75 x 132.5 FT
- Heating
- No heat
- Cooling
- None
- Annual Taxes
- $2,265 (2025)
Nearby Listings Stat
Estimated price and comparable properties near 3 Forsyth Street
Active Listings
39
Min Price
$79,000
Max Price
$2,395,000
Avg Price
$593,610
Days on Market
82
days
Sold Listings
10
Min Sold Price
$125,000
Max Sold Price
$799,900
Avg Sold Price
$383,660
Days until Sold
79
days
Price History
Listed
November 19, 2025
by CENTURY 21 LANTHORN REAL ESTATE LTD.
Current Price
$249,900
-7.4% from last change
Type
Multi-family
For Sale
Price Changes
3
| Date | Price | Change |
|---|---|---|
| Current | $249,900 | $20,000 (-7.4%) |
| Sep 5, 2026 | $269,900 | $10,000 (-3.6%) |
| Jun 22, 2026 | $279,900 | $20,000 (-6.7%) |
| Mar 27, 2026 | $299,900 | Listed |