108 Russell Street For Sale

Madoc, K0K 2K0

$1,150,000

Description

Listed by ROYAL LEPAGE PROALLIANCE REALTY.

Calling all INVESTORS, and just in time as the newly announced Canada Housing Plan starts to kick off! This3 Story building has loads of investment potential, use it as office space for your large business on one floor and rent the other floors or keep it all for yourself! (Medical Centre, Law Offices, Accounting Firms etc..,) Currently laid out with 21 office spaces in total, each floor offers a kitchen/kitchenette and washrooms. But that's not all, this unique property can also be converted to residential use!! Currently zoned Residential (R4 6H); and has also been approved by the Municipality to be rezoned to develop up to a maximum of 9 residential units, 3 units per each floor! Not interested in the rental property industry..? No problem, register the building as a Condo Corporation and sell each residential unit separately, With an elevator already existing, it makes this property wheelchair accessible. Be sure to check in with google, to read about all the opportunities with our Canadian Governments Housing Plans! Get your business plans and ideas rolling, multitudes of opportunities with this property!

Location

View Map
  • Address: 108 Russell Street
  • Neighborhood:
  • City: Madoc
  • State: Ontario
  • Postal Code: K0K 2K0

Property Details

  • Property ID: X11201193
  • Property Price: $1,150,000
  • Style: Multiplex, 3-Storey
  • Rooms: 41
  • Bath: 4
  • Parking Spaces: 9
  • A/C: Central Air
  • Basement: Crawl Space
  • Central Vac.: N
  • Den: N
  • Exterior: Brick
  • Heating: Forced Air
  • Fireplace: N
  • Taxes: $9,224.91 (2024)
  • Acreage: < .50 Acres
  • Lot: 165.02x103.78 (Feet)

Room details and dimensions

Statistics for similar Multiplex homes in

The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.

Average days on market for similar Multiplex homes in

The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.

Number of transactions for similar Multiplex homes in

Property History

This property has been sold 7 times before. To view this property's sale price history please sign in or register:


Sign In / Register

Recently Sold

  • Semi-Detached House sold at 39 Penhurst Avenue, Toronto, Stonegate-Queensway, M8Y 3A9 - MLS: W11988140
    • Sold 22 days ago

    39 Penhurst Avenue

    Toronto, Stonegate-Queensway, M8Y 3A9

    $1,099,900

    $000000

  • Semi-Detached House sold at 121 Walnut Avenue, Sarnia, Sarnia, N7T 3V5 - MLS: X9398463
    • Sold 68 days ago

    121 Walnut Avenue

    Sarnia, Sarnia, N7T 3V5

    $1,150,000

    $000000

  • Contact Manoj Kukreja

    Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
    (647) 576 - 2100