$749,000
Pembroke
202 Margaret Street, Pembroke, Ontario, K8A6A4
This 6-bedroom, 4-bathroom home in Pembroke is for sale offering roughly 4,250 sq ft of space. It has been on the market 8 days, fresher than the Pembroke average of 122 days.
This private riverfront retreat in the centre of the City features one of Pembroke's most beautiful historical homes (circa 1927).Formerly a convent, and more recently a family home, this property features an expansive, stone-lined riverfront on the shore of the Muskrat River, facing Pansy Patch Park, together with a backyard with multiple mature coniferous and deciduous trees, including some of the oldest white pines in Pembroke. The property's location on the Muskrat River is just below the last rapids before flowing into the Ottawa River, makes this a paddler's paradise. This is the only residential property in Pembroke offering water access by canoe, kayak, or utility boat from the Muskrat to the Ottawa. The river at this location is an established walleye spawning area recognized and protected by the Province, providing excellent fishing from the shore for walleye and bass, as the season permits. The fully modernized floorplan of the home includes generously sized spaces, currently with 6 bedrooms and 3 bathrooms, and the possibility of partitioning for the addition of more of each. Existing common areas are equally large, including a contemporary kitchen, multiple dining areas suitable as meeting or office work spaces, sun lit porch and sitting room areas offering yard and river views, as well as a dry functional basement currently housing laundry, mechanical, and storage areas. Situated in the centre of Pembroke, this property is within easy walking distance to Pembroke's finest restaurants, shops, schools, churches, the Pembroke Regional Hospital, and the Pembroke Marina. Possible uses include single or multigenerational home, boarding or lodging house, or multifamily unit conversions. This listing excludes the vacant land at the south side of the property but includes the entirety of the shoreline on the Muskrat River. (id:66096)
Features and services as supplied by the listing brokerage.
Active: 8 days on market, against an average age of 122 days across the listings currently for sale in this city
Homes here sell close to asking price
Homes in this market sold for an average of 97.6 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This 6-bed single family in Pembroke has been listed for 8 days, which is 114 days fresher than the city average of 122. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $749,000, about 10.0× the local median household income of $75,000.
Carrying it typically needs a household income of about $146,306 (20% down, 25-yr amortization, stress-tested) — roughly 95% above the area median.
Source: Statistics Canada, 2021 Census (FSA K8A)
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Loading rates, 30-yr amortization
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.