For Sale: 108 Russel Street, Madoc, ON - REW
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$1,025,000
0 bd • 4 ba • 5000 - 99999 sf • Multifamily
108 Russel Street
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$1,025,000
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108 Russel StreetMadoc, ON, K0K 2K0

  • 0 Bed
  • 4 Bath
  • 5000 - 99999 Sqft
  • Multifamily

About this home

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. Hastings County will also consider allowing an assisted living facility. 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:63626)
Listed by: Diana Cassidy-Bush, Salesperson, Royal Lepage Proalliance Realty

Home facts and features

Price details
List Price
$1,025,000
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Gross Taxes for 2026
$6,051
Home facts
Bedrooms
0
Full Bathrooms
0
Partial Bathrooms
4
Parking Spaces
9
Parking Details
No Garage
Property Type
Multifamily
Depth
165 feet
Frontage
103.9 feet
Exterior Finish
Brick
Heating Type
Forced air, Natural gas
Cooling
Central air conditioning
Basement Details
Unfinished, Crawl space
Features
Irregular lot size
Agent details
Primary Agent
Primary Broker
Royal Lepage Proalliance Realty
Secondary Agent
Jillian Freeburn
Secondary Broker
Royal Lepage Proalliance Realty
Listing details
Days on REW
65 Days
Property Views
34
MLS® Number
X12952182
Source
Canadian Real Estate Association
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25 Years
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3.99%

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Property Insights

Madoc Public School
  • Public
  • JK - 8
Centre Hastings Secondary School
  • Public
  • 9 - 12
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Call Agent
Salesperson
Diana Cassidy-Bush
Phone:
(613) 478-6600
Office:
613-478-6600
Salesperson
Jillian Freeburn
Office:
613-478-6600
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By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.