This 3-storey building presents a rare opportunity for residential redevelopment with strong upside potential. Zoned Residential (R4-6H), the property has municipal approval to allow up to 9 residential units, with 3 units per floor, making it well suited for a full conversion project or long-term investment. Currently configured with 21 office spaces, the existing layout offers a flexible starting point for redesign. Each floor includes kitchen or kitchenette areas and washrooms, along with an existing elevator that supports accessibility across all levels. Whether you're looking to develop multi-unit housing or explore a condo conversion and sell units individually, this property offers a clear path forward in a growing housing market. (id:4069)
Address
108 RUSSEL STREET
List Price
$1,100,000
Property Type
Multi-family
Type of Dwelling
Multi-family
Transaction Type
Sale
Area
Ontario
Sub-Area
Centre Hastings
Bathrooms
4
Floor Area
5000 - 100000 Sq. Ft.
Lot Size
103.8 x 165 FT Ac.
MLS® Number
X12952182
Listing Brokerage
ROYAL LEPAGE PROALLIANCE REALTY
Basement Area
Crawl space (Unfinished)
Postal Code
K0K2K0
Zoning
R4-6-H
Site Influences
Park, Place of Worship, Schools
Features
Irregular lot size
