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For sale
Multi-Family

583 River Road

$1,049,000
Pembroke, Ontario, K8A 1A3
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Overview

  • Updated On:
  • April 15 2025
  • MLS® Number
  • X12083306

Description

Introducing 583 River Road, a rare and exceptional opportunity for savvy investors or homebuyers looking to generate additional income. Completed in 2024 with high-end workmanship, this brand new triplex is fully leased at excellent rents, making it a truly turn-key investment. Each of the three spacious 2-bedroom units boasts over 1,000 sq ft of living space, with modern finishes, thoughtful layouts, and abundant natural light throughout. With a remarkable 7% CAP rate, this property offers reliable, long-term income potential right from day one. Perfectly situated near a full range of amenities, this property is ideal for professionals, students, or families ensuring strong tenant demand year-round. Whether you're house hacking or expanding your rental portfolio, 583 River Road is a smart move in todays market. Don't miss out on this outstanding investment opportunity. (id:57887)

Details

Price:
Price Info:
Property Type: Multi-family
Building Type: Multi-Family

Features

Cooling & Heating
Other
Fully air conditioned

Calculator

$ 5,378.43
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 4,067.18

Building Details

Size
SizeInterior: 3200 sqft
Construction
Age: New building
Utility
UtilityWater: Municipal water

Land Details

Acreage: No
SizeDepth: 66 Ft ,4 In
SizeFrontage: 69 Ft
SizeIrregular: 69 X 66.4 Ft
SizeTotalText: 69 X 66.4 Ft
ZoningDescription: R-2

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April 15 2025 03:33:56

Ottawa Real Estate Board

Exp Realty

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  • The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.
  • 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 trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.

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.

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