3 Forsyth Street, Marmora and Lake, ON
Property Highlights
Welcome to this remarkable 2-Storey triplex located in the coveted neighborhood of Marmora Ward. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $269,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 4 Bedrooms and 0 Bathrooms
- Generous living space spanning < 700 sqft on a premium 73.75 x 132.5 ft lot
- Features a partial basement, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 0.0 total parking spaces available
- Notable attributes: None
- Efficient other heating via other
Description
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.
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Property Summary
This triplex located at 3 Forsyth Street, Marmora and Lake is currently for sale and has been available on SousaSells for 283 days. This property is listed at $269,900 with an estimated mortgage of $898* per month. It has 4 beds, 0 bathrooms, and is < 700 square feet. 3 Forsyth Street, Marmora and Lake is in the Marmora Ward neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 4 bedrooms and 0 bathroom, this home offers ample space and comfort for growing families in Marmora Ward, Marmora and Lake.
- •4 spacious bedroom layout offering versatile living space
- •< 700 sqft of generous functional square footage
- •Desirable Triplex architecture in Marmora Ward, Marmora and Lake
Growing families needing multi-bedroom flexibility and space in Marmora Ward, Marmora and Lake.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- None
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 3 Forsyth Street, Marmora and Lake, ON
Q.What is the asking price for 3 Forsyth Street, Marmora and Lake, ON ?
The current listing price for 3 Forsyth Street, Marmora and Lake, ON in Marmora Ward, Marmora and Lake is $269,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 4 bedrooms and 0 bathrooms across approximately < 700 sqft.
Q.What property type and architectural style is 3 Forsyth Street, Marmora and Lake, ON ?
3 Forsyth Street, Marmora and Lake, ON is a Triplex (2-Storey) featuring a Partial Basement, Unfinished basement.
Q.What interior features are included in this home?
Interior highlights include: None.
Q.Is parking available at this property?
Yes, this property offers parking space for 0.0 vehicle (None).
Q.What heating and cooling systems are installed?
Heating is provided via Other and cooling via None.
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Location
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Marmora Ward, Marmora and Lake
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 3 Forsyth Street, Marmora and Lake, ON K0K 2M0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Marmora and Lake, ON
For a property listed at $269,900 in Marmora and Lake, the legal minimum down payment is $13,495 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $2,524 for this transaction. As this listing is in Marmora and Lake (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $2,524.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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