583 River Road Pembroke, Ontario K8A 1A3

$1,049,000

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:49712)

Property Details

MLS® Number	X12083301
Property Type	Multi-family
Community Name	530 - Pembroke
Parking Space Total	8
Structure	Deck
View Type	River View

Building

Bathroom Total	3
Bedrooms Above Ground	6
Bedrooms Total	6
Age	New Building
Amenities	Separate Heating Controls, Separate Electricity Meters
Appliances	Water Meter
Basement Development	Finished
Basement Features	Apartment In Basement
Basement Type	N/a (finished)
Exterior Finish	Brick, Aluminum Siding
Foundation Type	Insulated Concrete Forms
Heating Fuel	Electric
Heating Type	Heat Pump
Stories Total	3
Size Interior	2,000 - 2,500 Ft2
Type	Triplex
Utility Water	Municipal Water

Parking

No Garage

Land

Acreage	No
Landscape Features	Landscaped
Sewer	Sanitary Sewer
Size Depth	66 Ft ,4 In
Size Frontage	69 Ft
Size Irregular	69 X 66.4 Ft
Size Total Text	69 X 66.4 Ft

Utilities

Sewer

Installed

https://www.realtor.ca/real-estate/28168728/583-river-road-pembroke-530-pembroke