For sale
Triplex

583 River Road

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

Overview

  • Updated On:
  • April 15 2025
  • MLS® Number
  • X12083301
  • 6 Bedrooms
  • 3 Bathrooms

Description

Introducing 583 River Road, a rare and exceptional opportunity for homebuyers looking to generate additional income, or savvy investors. 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)

Price:
Price Info:
Property Type: Multi-family
Building Type: Triplex
Storeys: 3
Amenities
Separate Heating Controls
Separate Electricity Meters
Appliances
Water meter
Cooling & Heating
Electric
Heat Pump
ExteriorFinish
Brick
Aluminum siding
$ 5,378.43
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 4,067.18
Bedroom
BedroomsAboveGround: 6
BedroomsTotal: 6
Bathroom
BathroomTotal: 3
Basement
BasementDevelopment: Finished
BasementFeatures: Apartment in basement
BasementType: N/A (Finished)
Size
SizeInterior: 2000 - 2500 sqft
Construction
Age: New building
FoundationType: Insulated Concrete Forms
Utility
UtilityWater: Municipal water
Acreage: No
LandscapeFeatures: Landscaped
Sewer: Sanitary Sewer
SizeDepth: 66 Ft ,4 In
SizeFrontage: 69 Ft
SizeIrregular: 69 X 66.4 Ft
SizeTotalText: 69 X 66.4 Ft
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