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Est. payment /mo
New
526 Mackay ST Pembroke, ON K8A 1E6
4 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision 530 - Pembroke
MLS Listing ID X13801882
Style 1 1/2 Storey
Bedrooms 4
Annual Tax Amount $4,300
Tax Year 2026
Property Sub-Type Triplex
Property Description
Excellent investment opportunity in a convenient Pembroke location! This well-maintained triplex features three separate, self-contained units, each with its own hydro meter, electrical panel and hot water tank, providing investors with excellent utility separation and simplified expense management. The property generates approximately $60,228 in annual rental income, with estimated annual expenses of only $18,734.72, resulting in an impressive approximate net annual income of $41,493.28. Additional income is generated through on-site laundry, coin operated. Tenants pay their own hydro, while the landlord is responsible for natural gas and common-area costs, helping to maintain a favourable operating expense structure. Current rents include $1,837/month for the main floor 2-bedroom unit, $1,600/month for the upper 2-bedroom unit, and $1,532/month for the lower level 1-bedroom+den unit. The seller has completed numerous updates throughout the property, making this an attractive opportunity for investors seeking established rental income with strong cash-flow potential. Conveniently located close to schools, shopping, downtown amenities and Algonquin College's Pembroke Campus, this property offers a desirable location for tenants and solid fundamentals for an income-producing portfolio addition. Minimum 24-hour irrevocable on all offers. Minimum 48-hour notice required for all showings.
Location
Province ON
County Renfrew
Area Renfrew
Rooms
Family Room No
Basement Apartment
Kitchen 3
Separate Den/Office 1
Interior
Interior Features Other
Cooling None
Inclusions 2 Washing Machines, 1 Dryer - coin operated. Fridge X3, Stove X3, Bottom Unit Dishwasher (Unit 1).
Exterior
Pool None
Roof Type Asphalt Shingle
Lot Frontage 65.89
Lot Depth 107.75
Total Parking Spaces 5
Building
Foundation Block
Others
Senior Community No
ParcelsYN No
Listed by ROYAL LEPAGE EDMONDS & ASSOCIATES