For Sale: 108 Russel Street, Madoc, ON - REW
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$999,900
0 bd • 4 ba • 5000 - 99999 sf • Multifamily
108 Russel Street
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$999,900
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108 Russel StreetMadoc, ON, K0K 2K0

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

About this home

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. (id:63626)
Listed by: Diana Cassidy-Bush, Salesperson, Royal Lepage Proalliance Realty

Home facts and features

Price details
List Price
$999,900
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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
44 Days
Property Views
49
MLS® Number
X13603160
Source
Canadian Real Estate Association
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25 Years
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Property Insights

Madoc Public School
  • Public
  • JK - 8
Centre Hastings Secondary School
  • Public
  • 9 - 12
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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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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