108 Russel Street, Centre Hastings, ON K0K 2K0
$999,900
$999,900

108 Russel Street

Centre Hastings, Centre Hastings, Hastings $999,900

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Studio
4 Baths
5000 + sqft
Parking for 9
West Facing
Zoning: R4-6-H
MLS®#:
X12952182
Property Type:
Multiplex
Property Style:
3-Storey
Area:
Hastings
Community:
Centre Hastings
Taxes:
$6,050.61 / 2025
Added:
April 02 2026
Lot Frontage:
103.78
Lot Depth:
165.02
Status:
Active
Outside:
Brick
Year Built:
31-50
Basement:
Crawl Space,Unfinished
Brokerage:
Royal Lepage Proalliance Realty
Lot :

165

103

BIG LOT

Intersection:
Hwy 62
Rooms:
Bedrooms:
Studio
Bathrooms:
4
Fireplace:
Utilities
Water:
Municipal
Cooling:
Central Air
Heating Type:
Forced Air
Heating Fuel:
Office 3.72 x 5.36m

Main Level
Foyer 2.99 x 2.29m

Main Level
Office 3.66 x 2.87m

Main Level
Office 3.66 x 2.99m

Main Level
Kitchen 7.96 x 3m

Main Level
Office 3.38 x 2.87m

Main Level
Office 5.79 x 3.41m

Main Level
Bathroom 0
2 Pc Bath
Main Level
Bathroom 0
2 Pc Bath
Main Level
Bathroom 0
2 Pc Bath
Second Level
Bathroom 0
2 Pc Bath
Third Level

Listing Details

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.

Insights

  1. Redevelopment Potential: The property is zoned Residential (R4-6H) and has municipal approval for up to 9 residential units, providing a significant opportunity for redevelopment into multi-unit housing or a condo conversion.
  2. Accessibility Features: Equipped with an existing elevator, the building supports accessibility across all levels, making it suitable for a diverse range of tenants and enhancing its marketability.
  3. Ample Parking Space: With a total of 9 parking spaces available, the property addresses a critical need for parking in residential developments, adding value for potential residents and increasing rental appeal.

Property Features

Arts Centre
Library
Park
Place Of Worship
River/Stream
School

Sale/Lease History of 108 Russel Street

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Neighborhood Overview

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Centre Hastings home prices

Average sold price for Detached, Semi-Detached, Condo, Townhomes in Centre Hastings

Insights for 108 Russel Street

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* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)