Personal Pic

Milad Akrami

Sales Representative
Soltanian Real Estate, Brokerage Independently owned and operated. 175 Willowdale Ave Suite 100, Toronto, Ontario M2N4Y9 Cell: 647-678-7799Office: 647-678-7799

$1,469,900
Available - For Sale
Listing ID: X8258610
108 Russell St North , Centre Hastings, K0K 2K0, Ontario


Calling all INVESTORS, and just in time as the newly announced Canada Housing Plan starts to kick off! This 3 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 commercial; but the property 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!
Price $1,469,900
Taxes: $8821.02
Assessment: $361000
Assessment Year: 2023
Address: 108 Russell St North , Centre Hastings, K0K 2K0, Ontario
Lot Size: 103.78 x 165.02 (Feet)
Acreage: < .50
Directions/Cross Streets: Highway 62
Rooms: 41
Bedrooms: 0
Bedrooms +:
Kitchens: 3
Family Room: N
Basement: Crawl Space
Property Type: Multiplex
Style: 3-Storey
Exterior: Brick
Garage Type: None
(Parking/)Drive: Private
Drive Parking Spaces: 9
Pool: None
Fireplace/Stove: N
Heat Source: Gas
Heat Type: Forced Air
Central Air Conditioning: Central Air
Sewers: Sewers
Water: Municipal
Utilities-Cable: A
Utilities-Hydro: Y
Utilities-Gas: Y
Utilities-Telephone: A
$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
%
Years
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE PROALLIANCE REALTY
Personal Picture
Milad Akrami
Sales Representative
Dir:
647-678-7799
Bus:
647-678-7799
 
 Virtual Tour   Book Showing   Email a Friend 
Jump To:
At a Glance:
Type: Freehold - Multiplex
Area: Hastings
Municipality: Centre Hastings
Neighbourhood:
Style: 3-Storey
Lot Size: 103.78 x 165.02(Feet)
Approximate Age:
Tax: $8,821.02
Maintenance Fee: $0
Beds: 0
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
$
%
%
Years