108 Russel ST, Centre Hastings, ON K0K 2K0
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108 Russel ST, Centre Hastings, ON K0K 2K0
108 Russel ST, Centre Hastings, ON K0K 2K0
108 Russel ST, Centre Hastings, ON K0K 2K0
108 Russel ST, Centre Hastings, ON K0K 2K0
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Jethro Seymour

Jethro Seymour

+1(416) 712-0767
$ 999,900
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108 Russel ST Centre Hastings, ON K0K 2K0

4 Baths

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 5000 +

Subdivision Centre Hastings

MLS Listing ID X13603160

Style 3-Storey

Annual Tax Amount $6,050

Tax Year 2025

Property Sub-Type Multiplex

Lot Depth 165.02

Lot Front 103.78

Appx SqFt 5000 +

Property Description

A rare opportunity to reposition a substantial three-storey building for its next chapter in the heart of Madoc. With the property now zoned for high-density residential use and municipal approval allowing up to nine residential units, this versatile building offers exciting potential for investors, developers and those looking to create a long-term income-producing property.The building provides more than 5,000 sq. ft. of space across three levels, with an existing layout that includes 21 office spaces, kitchens or kitchenettes, washrooms on each floor and elevator access. Concept drawings have been prepared to illustrate how the building could potentially be converted into three residential units per floor, helping buyers visualize the possibilities offered by the updated zoning.Whether developed as a nine-unit rental property, converted in phases or explored for future condominium-style ownership, the existing footprint, municipal water and sewer services, forced-air gas heating, central air conditioning, on-site parking and elevator provide a strong foundation for redevelopment.Located close to downtown amenities, shops and services, this is an opportunity to transform an established building into much-needed residential housing while creating lasting value in a growing community. Concept plans are provided for illustration purposes only.

Location

Province ON

County Hastings

Area Hastings

Rooms

Family Room No

Basement Crawl Space, Unfinished

Kitchen 1

Interior

Interior Features Other

Cooling Central Air

Fireplace No

Heat Source Gas

Exterior

Parking Features Available, Private

Pool None

Roof Type Asphalt Shingle

Lot Frontage 103.78

Lot Depth 165.02

Total Parking Spaces 9

Building

Building Age 31-50

Unit Features Arts Centre,Library,Park,Place Of Worship,River/Stream,School

Foundation Block

Others

ParcelsYN No

Listed by Royal Lepage Proalliance Realty

NEARBY SCHOOLS & PROPERTIES

Jethro Seymour

Jethro Seymour

Broker

+1(416) 712-0767

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108 Russel ST

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