116 Pembroke Street W
Pembroke, Ontario K8A5M8
MLS #1069710

Residential Income
    Est. P&I payment: $1791.26/mo
    116 Pembroke Street W, Pembroke, Ontario K8A5M8
    • 116 Pembroke Street W, Pembroke, Ontario K8A5M8 Photo 1
    • 116 Pembroke Street W, Pembroke, Ontario K8A5M8 Photo 2
    • 116 Pembroke Street W, Pembroke, Ontario K8A5M8 Photo 3
    Description for 116 Pembroke Street W, Pembroke, Ontario K8A5M8
    5 Residential apartments plus 3 very large Commercial units. Could reduce the square footage of the Commercial units & create potentially 4 more Residential units for total of 12 units. A Permit was obtained in 2015 to create additional 5 new units. This Permit was revoked due to inactivity. A rezoning was done in 2015 but it was based on 4 residential units not 5. City requires new application to create more Residential units, if the Buyer chooses to do that. Current Residential include three 1-bedrooms, one 3-bedroom, one 2-bedroom. Tenants pay own hydro. Electric heat. Environmental Report. Great downtown location, minutes from Algonquin College. Would be great opportunity for owner occupied business. Seller keeping the commercial units vacant for any Buyer interested in having own business and live on site. Present income: 5 residential rented Grossing $44,464, 3 commercial vacant with potential rent about $2,800 a month. If property fully leased could Gross about $78,000
    MLS #1069710
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    My Notes for MLS #1069710

    General Features

    • Total Number Of Units: 8
    • Levels: 2
    • Stories: 2

    Exterior Features

    • Total Parking: 1
    • Frontage Length: 66 ft ,​1 in

    Utilities Features

    • Heating: Baseboard heaters
    • Heating Fuel: Electric


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    The listing information for 116 Pembroke Street W, Pembroke, Ontario K8A5M8 was graciously provided by our friends at the listing brokerage, COLDWELL BANKER SARAZEN REALTY

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    P&I Payment $1791.26
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    Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on EXIT Realty Matrix, Brokerage's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. EXIT Realty Matrix, Brokerage, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
    Last Updated 09/26/2017 at 2:54am
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