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Tony & Ledi Real Estate Team

info@tonyledi.com +1(647) 493-3579

Est. payment | -/mo

4 Beds

3 Baths

Save

Est. payment | -/mo

Save

4 Beds

3 Baths

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

Subdivision 530 - Pembroke

MLS Listing ID X13801882

Style 1 1/2 Storey

Bedrooms 4

Annual Tax Amount $4,300

Tax Year 2026

Property Sub-Type Triplex

Property Description

Excellent investment opportunity in a convenient Pembroke location! This well-maintained triplex features three separate, self-contained units, each with its own hydro meter, electrical panel and hot water tank, providing investors with excellent utility separation and simplified expense management. The property generates approximately $60,228 in annual rental income, with estimated annual expenses of only $18,734.72, resulting in an impressive approximate net annual income of $41,493.28. Additional income is generated through on-site laundry, coin operated. Tenants pay their own hydro, while the landlord is responsible for natural gas and common-area costs, helping to maintain a favourable operating expense structure. Current rents include $1,837/month for the main floor 2-bedroom unit, $1,600/month for the upper 2-bedroom unit, and $1,532/month for the lower level 1-bedroom+den unit. The seller has completed numerous updates throughout the property, making this an attractive opportunity for investors seeking established rental income with strong cash-flow potential. Conveniently located close to schools, shopping, downtown amenities and Algonquin College's Pembroke Campus, this property offers a desirable location for tenants and solid fundamentals for an income-producing portfolio addition. Minimum 24-hour irrevocable on all offers. Minimum 48-hour notice required for all showings.

Location

Province ON

County Renfrew

Area Renfrew

Rooms

Family Room No

Basement Apartment

Kitchen 3

Separate Den/Office 1

Interior

Interior Features Other

Cooling None

Inclusions 2 Washing Machines, 1 Dryer - coin operated. Fridge X3, Stove X3, Bottom Unit Dishwasher (Unit 1).

Exterior

Pool None

Roof Type Asphalt Shingle

Lot Frontage 65.89

Lot Depth 107.75

Total Parking Spaces 5

Building

Foundation Block

Others

Senior Community No

ParcelsYN No

Listed by ROYAL LEPAGE EDMONDS & ASSOCIATES

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526 Mackay ST Pembroke, ON K8A 1E6