X8258610 | 108 RUSSELL STREET N

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108 RUSSELL STREET N
Centre Hastings Ontario , K0K2K0 , Canada

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$1,150,000.00

MLS® X8258610

Investment

Lot Frontage:	103.8 Feet
Lot Depth:	165.0 Feet
Lot Size:	103.78 x 165.02 FT
No. of Parking Spaces:	9
Total Bathrooms:	4
Half Bathrooms:	4
Zoning:	C2

Remarks:

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! (id:7526)

Property Features:

Property Type: Multi-family
Sewer: Sanitary sewer
Utility Type: Sewer - Installed
Utility Type: Cable - Available

Building Features:

Basement Type: Crawl space
Building Type: Other
Cooling Type: Central air conditioning
Exterior Finish: Brick
Foundation Type: Block
Heating Fuel: Natural gas
Heating Type: Forced air

Rooms:

Office
- Main Level 3.72 m x 5.36 m
Foyer
- Main Level 2.99 m x 2.29 m
Office
- Main Level 3.66 m x 2.87 m
Office
- Main Level 3.66 m x 2.99 m
Kitchen
- Main Level 7.96 m x 3.00 m
Office
- Main Level 3.38 m x 2.87 m
Office
- Main Level 5.79 m x 3.41 m
Bathroom
- Main Level 2.62 m x 2.32 m
Bathroom
- Main Level 1.04 m x 1.52 m

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