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Sunday, August 16th, 2026

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$999,900
Available - For Sale
Listing ID: X13603160
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.
Price $999,900
Taxes: $6,050.61
Occupancy by: Vacant
Address: 108 Russel Street , Centre Hastings, K0K 2K0, Hastings
Acreage: < .50
Directions/Cross Streets: Hwy 62
Rooms: 41
Bedrooms: 0
Bedrooms +: 0
Washrooms: 4
Family Room: F
Basement: Crawl Space
Unfinished
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Office 12.20 17.58
Room 2: Main Foyer 9.81 7.51
Room 3: Main Office 12.00 9.41
Room 4: Main Office 12.00 9.81
Room 5: Main Kitchen 26.11 9.84
Room 6: Main Office 11.09 9.41
Room 7: Main Office 18.99 11.18
Room 8: Main Bathroom 0 0 2 Pc Bath
Room 9: Main Bathroom 0 0 2 Pc Bath
Room 10: Second Bathroom 0 0 2 Pc Bath
Room 11: Third Bathroom 0 0 2 Pc Bath
No. of Pieces Level
Washroom 1:  2 Main
Washroom 2:  2 Main
Washroom 3:  2 Second
Washroom 4:  2 Third
Washroom 5:  0
Washroom 6:  2 Main
Washroom 7:  2 Main
Washroom 8:  2 Second
Washroom 9:  2 Third
Washroom 10:  0
Washroom 11:  2 Main
Washroom 12:  2 Main
Washroom 13:  2 Second
Washroom 14:  2 Third
Washroom 15:  0
Washroom 16:  2 Main
Washroom 17:  2 Main
Washroom 18:  2 Second
Washroom 19:  2 Third
Washroom 20:  0
Property Type: Multiplex
Style: 3-Storey
Exterior: Brick
Garage Type: None
(Parking/)Drive: Available,
Drive Parking Spaces: 9
Park #1
Parking Type: Available,
Park #2
Parking Type: Available
Park #3
Parking Type: Private
Pool: None
Approximatly Age: 31-50
Approximatly Square Footage: 5000 +
Property Features: Arts Centre
Library
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
Utilities-Cable: A
Utilities-Hydro: Y
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Royal Lepage Proalliance Realty

108 Russel Street , Centre Hastings, K0K 2K0, Hastings

Evelina Branitsky
Sales Representative
Dir:
647.888.9606
Bus:
416.739.7200
Fax:
416.739.9367

 
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At a Glance:
Type: Freehold - Multiplex
Area: Hastings
Municipality: Centre Hastings
Neighbourhood: Centre Hastings
Style: 3-Storey
Lot Size: x 165.02(Feet)
Approximate Age: 31-50
Tax: $6,050.61
Maintenance Fee: $0
Beds: 0
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Evelina Branitsky Sales Representative pic ebranitsky@rogers.com Sutton Group- Admiral Realty Inc., Brokerage Independently owned and operated. pic 1881 Steeles Avenue West, Toronto, Ontario M3H5Y4 pic Dir: 647.888.9606 | Office: 416.739.7200 | Fax: 416.739.9367 Personal Pic

ebranitsky@rogers.com