The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
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.
Property Details
Listing
MLS® number
X13681130
Status
For Sale
Listed
Aug 15, 2026
Last updated
Aug 16, 2026
Possession
Flexible
Building
Type
Commercial
Style
Commercial Retail
Approx. age
31-50
Approx. size
Not provided by brokerage
Basement
Not provided by brokerage
Lot
Frontage
48.25 ft
Depth
165.65 ft
Lot area
≈ 7,993 ft² (calculated)
View
Not provided by brokerage
Community
Marmora Ward
Parking & utilities
Garage
None
Driveway
Not provided by brokerage
Heating
Gas Forced Air Open
Cooling
Yes
Water / sewer
Not provided by brokerage
Taxes
Property tax
$7,144 / 2026
Condo fee
N/A
Source
Data source
TRREB (VOW feed)
Listed by
RE/MAX CROSSROADS REALTY INC.
Interior
Level
Room
Size
Features
Loading rooms…
Interior Features
Heating: Gas Forced Air Open
Cooling: Yes
Exterior
Cross street: At the lights in Marmora go north of Forsyth Stree
Demographic data is not available for this area yet.
Population—
Median household income—
Median age—
Age Groups
Age group data is not available.
Owners vs Renters
Ownership data is not available.
Household Type
Household data is not available.
What’s NearbyDistances approximate
No nearby school data is available for this listing.
Transit score information is not available for this listing.
Nearby everyday places are not available for this listing.
Always confirm school catchments with the local school board.
Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$2,462/mo
Mortgage (principal + interest)$1,867
Property taxFrom listing: $7,144/yr$595
Minimum $24,950 down for this price; the slider moves in whole percent, starting at 5%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$99,800
Ontario land transfer taxProvincial brackets, no first-time refund$6,455
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$109,055
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Marmora and Lake has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
