25 & 27 Forsyth Street
Marmora and Lake, ON
6,000 sqft • Commercial Retail • 13 days on market
Two commercial buildings being sold together in the heart of Marmora.29 Forsyth Street previously consisted of two commercial units fronting the main street, which have since been opened up into one large space. The building has been vacant for approximately three years and requires TLC, renovations, and restoration to bring it back to its former potential.25 Forsyth Street features two commercial units on the lower level and previously included three upper-level residential apartments. The residential units now require extensive renovations. The first commercial unit was formerly a well-established restaurant, while the second unit offers excellent potential for a retail store or other commercial use. Both buildings require extensive renovation and restoration.Hydro and natural gas services are currently disconnected to both buildings. Properties are being sold strictly in "As Is" condition.An excellent opportunity for investors, entrepreneurs, or those looking to create and customize commercial and residential spaces to suit their own vision.The current owner has completed some renovations and improvements to the property; however, additional renovations and restoration work are still required to bring the buildings to their full potential. The property is being sold in "As Is" condition.Taxes 26 Forsyth Street $3919, 29 Forsyth Street $3225.
Listing Details
- Taxes (2026)
- $7,144
- Listed
- August 15, 2026
Price History
Property
- Age
- 31-50
- Lot Size
- 48.25 x 165.65 Feet
Location & Legal
- Cross Street
- At the lights in Marmora go north of Forsyth Stree
- Zoning
- MSC
- Parcel Number
- 401650208
- Possession
- Flexible
Commercial
- Occupancy
- Vacant
- Office / Apartment Area
- 1500 Sq Ft
Community
Postal area K0K
- Population
- 115,850
- Private dwellings
- 53,153
- Median age
- 50.8
- Average household size
- 2.4
- Median household income
- $83,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Marmora and Lake · last 12 months
- Median sold price
- $395,000
- Homes sold
- 75
- Median days on market
- 40
- Sale-to-list price
- 94.3%
Based on 75 recorded sales of commercial properties in Marmora and Lake over the last 12 months.
Listed by
RE/MAX CROSSROADS REALTY INC.
Location
Commercial figures
- Building area
- 6,000 sq ft
- Price per sq ft
- $83.17
- Annual property tax
- $7,144
- Tax per sq ft
- $1.19
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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