108 RUSSELL STREET N, Centre Hastings , K0K2K0
Listing ID: X8258610
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$1,489,900
Price
4
Baths
Listed: 1 month ago
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Property Description

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! (id:26452)

Other located at 108 RUSSELL STREET N. 108 RUSSELL STREET N is in the Centre Hastings neighborhood. Centre Hastings , 65 - Quinte , and Centre Hastings are nearby neighbourhoods.
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Listed by: Royal LePage ProAlliance Realty, Brokerage

Mortgage Estimation Calculate Your Own

20% down payment
$5,220
per month
35% down payment
$4,241
per month
50% down payment
$3,263
per month

Estimated mortgage based on 2.7% on a 30 year amortization based on some lenders

roomvu is not liable for data estimates generated by computer modeling, which may not reflect exact market values

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DC
Diana Cassidy-Bush
(613) 478-6600

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DC
Diana Cassidy-Bush
(613) 478-6600
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$3,703.37
Monthly
$878,400
Total Mortgage
$219,600
Down Payment