403 Mackay Street

Introducing a remarkable opportunity to acquire a Multi-Family Home for sale in Pembroke , located at 403 Mackay Street, Pembroke. This impressive two-storey duplex is situated in a prime location within the vibrant community of Pembroke, nestled in the Renfrew area. With its attractive stucco exterior, this multiplex offers both aesthetic appeal and functional living spaces, making it an ideal investment for those seeking a lucrative property.

The Multi-Family Home for sale in Pembroke features a total of four bedrooms, divided between two well-appointed units. The upstairs unit boasts two spacious bedrooms, currently renting for £1,055 per month, while the main level unit also comprises two bedrooms, generating a rental income of £1,010 per month. This property is fully occupied with reliable tenants, ensuring a steady income stream for the new owner. Each unit has its own separate entrances, providing privacy and convenience for residents.

At 403 Mackay Street, Pembroke, the property is equipped with two kitchens, allowing for efficient meal preparation and catering to the needs of each unit. The absence of an additional kitchen does not detract from the functionality of the space, as both kitchens are well-designed and fully operational. With a total of nine rooms, this home is perfectly suited for multi-family living, offering ample space for both tenants and their guests.

In terms of amenities, this Multi-Family Home for sale in Pembroke is fitted with central air conditioning, ensuring a comfortable living environment throughout the warmer months. The main floor unit benefits from this feature, providing a cool retreat during the summer heat. The property is heated by a forced air system, and the sewer and municipal water connections ensure reliable utilities for all residents.

Parking is a significant advantage of this property, with a detached garage that accommodates two vehicles, alongside a private driveway that offers additional parking space for up to three cars. This arrangement is particularly beneficial in a bustling area like Pembroke, where parking can often be a challenge.

The property also features a separate entrance to the unfinished basement, providing potential for further development or storage. While there is no family room or central vacuum system, the layout of the duplex maximises the available space, making it a practical choice for families or individuals seeking rental opportunities.

The exterior of the Multi-Family Home for sale in Pembroke is enhanced by a newer deck and stairs leading from the upper unit to the ground level, adding to the property's appeal and functionality. This outdoor space is perfect for enjoying the fresh air and can serve as a communal area for tenants.

It is worth noting that there is no pool or fireplace on the premises, but the advantages of this property far outweigh these omissions. The presence of separate hydro and gas meters for each unit adds to the convenience, allowing tenants to manage their utilities independently.

In summary, 403 Mackay Street, Pembroke, presents an exceptional investment opportunity in a sought-after neighbourhood. With its dual income potential, reliable tenants, and strategic location, this Multi-Family Home for sale in Pembroke is not to be missed. Whether you are an experienced investor or a first-time buyer, this property offers the perfect blend of comfort, convenience, and potential for growth. Don’t hesitate to seize this chance to own a piece of Pembroke’s thriving real estate market.

Community 530, nestled within the charming city of Pembroke, offers a delightful blend of natural beauty and urban convenience. Surrounded by picturesque landscapes, this area boasts lush parks and scenic trails, perfect for outdoor enthusiasts and families alike. The local amenities, including quaint shops, cafes, and schools, ensure that residents have everything they need within easy reach. With a strong sense of local identity and a welcoming atmosphere, Community 530 is an ideal place for those seeking a peaceful yet vibrant environment to call home. Whether you’re enjoying a leisurely stroll by the river or participating in community events, you’ll find that life here is both enriching and enjoyable.

Schools in the Neighbourhood

This property is conveniently located near several reputable schools, making it an ideal choice for families. Highview Public School, just 0.4 km away, offers elementary education from Junior Kindergarten to Grade 8 and is part of the Renfrew County District School Board. It provides instruction in both English and French, with a solid school rating of 3.5. For secondary education, Fellowes High School is located 1.4 km from the property, catering to students in Grades 9 to 12, also under the Renfrew County District School Board, and holds a slightly higher rating of 3.7. The proximity to these educational institutions ensures that children have access to quality education without the hassle of long commutes. The diverse language offerings and the range of grades available at nearby schools enhance the educational experience for students, making this location particularly appealing for families prioritizing education. Overall, the neighborhood is well-equipped with essential educational resources, contributing positively to the community's family-friendly atmosphere.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 472 residents, with an average household size of 2.1. The demographic profile reveals an average age of 40.4 years, indicating a mature community. The average household income stands at $96,000, with 12.4% of the population classified as low-income. The real estate market reflects an average property price of $325,000, appealing to a range of buyers. Notably, 43.59% of the residents are single, while 38.46% live in households with children, suggesting a mix of family-oriented and individual living arrangements. The rental market is significant, with 40.48% of residents renting their homes, and there are no condominiums in the area. Educational attainment is high, with 57.33% of the population holding a college or university degree. However, a substantial portion, 46.67%, is not in the labor force, which may impact local economic dynamics. Additionally, immigrants make up 5.81% of the population, contributing to the area's diversity. Overall, this demographic snapshot indicates a well-educated, mixed community with a balance of families and singles, alongside a robust rental market.