583 River Road

Introducing 583 River Road, Pembroke, a truly remarkable and rare opportunity for homebuyers and astute investors alike. This Multi-Family Home for sale in Pembroke , completed in 2024, showcases high-end workmanship and offers a unique chance to generate additional income. With its prime location and fully leased status at excellent rents, this property stands out as a turn-key investment that is ready for you to step into.

This stunning multiplex, designed in a charming 2 1/2 storey style, features a durable exterior of brick and aluminium siding, ensuring both aesthetic appeal and longevity. The property comprises a total of 12 rooms, including three spacious kitchens that cater to the needs of its tenants. Each of the three 2-bedroom units boasts over 1,000 sq ft of living space, providing ample room for comfortable living. The thoughtful layouts and modern finishes are complemented by abundant natural light that floods each unit, creating a warm and inviting atmosphere.

Situated at 583 River Road, Pembroke, this Multi-Family Home for sale in Pembroke is perfectly positioned within the vibrant community of Pembroke, located in the Renfrew area. The property is conveniently located near a full range of amenities, making it an ideal choice for professionals, students, or families. This ensures a strong tenant demand year-round, providing reliable income potential right from day one. The remarkable 7% CAP rate speaks volumes about the investment opportunity this property presents.

The features of this property are impressive, with a total of six bedrooms and three bathrooms, catering to the needs of multiple tenants. While there is no den or family room, the expansive living spaces and well-designed kitchens make up for it, allowing for a comfortable and functional living environment. Additionally, the property is unfurnished, giving tenants the freedom to personalise their space as they see fit.

At 583 River Road, Pembroke, you will find a finished basement that has been cleverly converted into an apartment, further enhancing the income-generating potential of this Multi-Family Home for sale in Pembroke. The property is equipped with municipal water and sewer services, ensuring convenience and reliability. Although there is no central vacuum system or fireplace, the heat pump provides efficient heating and cooling, ensuring comfort throughout the year.

Parking is a breeze with a private driveway that accommodates up to five vehicles, making it easy for tenants and their guests. While there is no garage space available, the ample parking ensures that this is not a drawback for potential tenants. The lot measures 69 x 66 feet, providing a manageable outdoor space without the burden of additional land maintenance.

In summary, 583 River Road, Pembroke, is a fantastic Multi-Family Home for sale in Pembroke that offers an exceptional investment opportunity. With its modern features, prime location, and strong rental potential, this property is perfect for those looking to house hack or expand their rental portfolio. Don’t miss out on this outstanding chance to secure a property that not only meets your investment goals but also offers a comfortable living environment for tenants. Whether you're an experienced investor or a first-time buyer, 583 River Road is a smart move in today’s market. Seize this opportunity before it slips away!

Community 530, located in the charming city of Pembroke, offers a delightful blend of natural beauty and urban convenience. Nestled amidst picturesque landscapes, this area is characterised by its tranquil surroundings, with lush parks and scenic waterways that invite outdoor activities and leisurely strolls. The community boasts a range of amenities, including local shops, cafes, and recreational facilities, ensuring 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 lifestyle, all while being well-connected to the wider Pembroke area.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. Just 0.6 km away, Highview Public School offers elementary education from Junior Kindergarten to Grade 8, with a commendable school rating of 4.2. This school is part of the Renfrew County District School Board and provides instruction in both English and French, catering to diverse language preferences. For secondary education, Fellowes High School is situated 1.3 km from the property, serving grades 9 to 12. Although it has a lower school rating of 2.9, it is still a public institution under the same school board, ensuring a consistent educational framework. The proximity of these schools enhances the appeal of the property, providing easy access to quality education for children of all ages. With a mix of language options and a strong elementary school nearby, this location is particularly attractive for families seeking a supportive educational environment. Overall, the educational opportunities in the vicinity contribute positively to the neighborhood's family-friendly atmosphere, making it a great investment for potential buyers.