Attention builders and investors! Prime Development Opportunity with existing Duplex + shovel ready 6-Unit Expansion. This rare offering in the heart of Pembroke features a renovated vacant duplex on a large, centrally located lot complete with development permits and plans for a 6-unit residential addition. The existing duplex could provide immediate rental income, while the real value lies in the future build; as-completed appraisal in-hand of $2,250,000! With detailed architectural plans, Phase 1 ESA, and zoning compatibility in place, this property is ideal for multi-residential expansion in a growing market. Steps from the hospital, schools, and amenities, this location supports strong rental demand and long-term growth. Seller is open to creative Joint Venture offer opportunities. |
Price | $499,000 |
Taxes: | $3381.58 |
Tax Type: | Annual |
Occupancy: | Vacant |
Address: | 659 Mackay Stre , Pembroke, K8A 1G5, Renfrew |
Postal Code: | K8A 1G5 |
Province/State: | Renfrew |
Legal Description: | PT LTS 320, 321, 335 & 336, PL 83, PT 1, |
Directions/Cross Streets: | Mackay St / Bell St |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 0 | |
Washroom Type 2 | 0 | |
Washroom Type 3 | 0 | |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 | |
Washroom Type 6 | 0 | |
Washroom Type 7 | 0 | |
Washroom Type 8 | 0 | |
Washroom Type 9 | 0 | |
Washroom Type 10 | 0 |
Category: | Apartment |
Building Percentage: | T |
Total Area: | 1500.00 |
Total Area Code: | Square Feet |
Washrooms: | 0 |
Heat Type: | Baseboard |
Central Air Conditioning: | No |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
EXP REALTY |
|
Book Showing | Email a Friend |
Type: | Com - Investment |
Area: | Renfrew |
Municipality: | Pembroke |
Neighbourhood: | 530 - Pembroke |
Tax: | $3,381.58 |
Fireplace: | N |