583 River Road, Pembroke, ON Image 1

$1,049,000

Investment For Sale
MLS - #X12083306
Apr 15- By EXP REALTY

583 River Road, Pembroke, ON K8A 1A3

Bed
Bath
3200 Sqft.
None Garage

Property Description

Property type

Investment

Lot size

N/A

Style

Approx. Area

3200 Sqft

About 583 River Road

Introducing 583 River Road, a rare and exceptional opportunity for savvy investors or homebuyers looking to generate additional income. 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.

Home Overview

Last updated

Apr 15

Virtual tour

None

Basement information

Building size

3200

Status

In-Active

Property sub type

Investment

Maintenance fee

$N/A

Year built

2024

Additional Details

Basement:N/A
Cooling:Yes
Heating:Other
Parking Features:N/A
0
Similar Homes Found
$0
Average Price
104900000.0%
Higher than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Location

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Walk Score for 583 River Road

Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$4006.47/ month
$839,200 Principal and Interest

Some information about this property - River Road

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