NewFor Sale

659 Mackay Street
Pembroke, Renfrew, ON, K8A 1G5

Investment
TRREB
MLS® Number: X12307137
$499,000List Price
InvestmentProperty Type
1,500 sq ftSize
$3,381.58 / 2024Taxes (Annual)
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Listing History

Buy/sell history for 659 Mackay Street, Pembroke, ON K8A 1G5

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Description

Attention builders and investors! Prime Development Opportunity with existing Duplex + shovel ready 6-Unit Expansion. This rare offering in the heart of Pembroke features a renovated vacant duplex on a large, centrally located lot complete with development permits and plans for a 6-unit residential addition. The existing duplex could provide immediate rental income, while the real value lies in the future build; as-completed appraisal in-hand of $2,250,000! With detailed architectural plans, Phase 1 ESA, and zoning compatibility in place, this property is ideal for multi-residential expansion in a growing market. Steps from the hospital, schools, and amenities, this location supports strong rental demand and long-term growth. Seller is open to creative Joint Venture offer opportunities.

Features

No features available

Amenities

No amenities available

Summary

Tax (Annual):$3,381.58 / 2024
Listing #:X12307137
Property Type:Investment
Size:1,500 sq ft
Land Size:48.35 x 131.98
Days on CPRB:
Garage:None
Locker:None
On CPRB Since:
Listing Brokerage:EXP REALTY

Rooms

Details

Property

Property Type:Investment
Community:530 - Pembroke
Municipality:Renfrew

Building

Size:1,500 sq ft

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No

Parking

Garage Type:None
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:No
Heating Type:Baseboard

Land

Cross Street:Mackay St / Bell St

$499,000

List price

659 Mackay Street, Pembroke – Investment for sale · MLS® # X12307137 | CPRB