$ 499,000

25 & 27 Forsyth Street, Marmora And Lake

Two commercial buildings being sold together in the heart of Marmora.29 Forsyth Street previously consisted of two commercial units fronting the main street, which have since been opened up into one large space. The building has been vacant for approximately three years and requires TLC, renovations, and restoration to bring it back to its former potential.25 Forsyth Street features two commercial units on the lower level and previously included three upper-level residential apartments. The residential units now require extensive renovations. The first commercial unit was formerly a well-established restaurant, while the second unit offers excellent potential for a retail store or other commercial use. Both buildings require extensive renovation and restoration.Hydro and natural gas services are currently disconnected to both buildings. Properties are being sold strictly in "As Is" condition.An excellent opportunity for investors, entrepreneurs, or those looking to create and customize commercial and residential spaces to suit their own vision.The current owner has completed some renovations and improvements to the property; however, additional renovations and restoration work are still required to bring the buildings to their full potential. The property is being sold in "As Is" condition.Taxes 26 Forsyth Street $3919, 29 Forsyth Street $3225. (id:1945)
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Property details for 25 & 27 Forsyth Street, Marmora And Lake

Type
Commercial
Living Area
6,000 square feet
Lot Size
Bldg=48.25 x 165.65 FT
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Annual Taxes
$7,144 (2025)

Nearby Listings Stat

Estimated price and comparable properties near 25 & 27 Forsyth Street

Active Listings
34
Min Price
$79,000
Max Price
$2,395,000
Avg Price
$582,629
Days on Market
82
days
Sold Listings
19
Min Sold Price
$70,000
Max Sold Price
$999,990
Avg Sold Price
$394,315
Days until Sold
107
days

Neighbourhood Census Data

Marmora and Lake, Ontario

Population
605
Median Age
54.6
Median Income
$21,227
Dwelling Value
$160,029

Housing Tenure

Owners 59%
Renters 39%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2.1
Pop. Density: 756.1/km²
Avg Shelter Cost: $836/mo
Owners with Mortgage: 45.5%
Owners Spending 30%+: 21.2%
Tenants Spending 30%+: 65.2%
English only: 97.5%
English and French: 2.5%
Median Household Income: $37,504
Median Employment Income: $17,600

Price History

Listed
August 16, 2026
by RE/MAX CROSSROADS REALTY INC.
Current Price
$499,000
Type
Commercial
For Sale
25 & 27 Forsyth Street

Contact Agent Get in touch about 25 & 27 Forsyth Street, Marmora And Lake

CAMMERSON PATHMARATNAM
CAMMERSON PATHMARATNAM
RE/MAX CROSSROADS REALTY INC.

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