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$339,000
Pembroke
256 Maple Avenue, Pembroke, Ontario, K8A1L6
This multi-family property in Pembroke is for sale offering roughly 1,300 sq ft of space. It has been on the market 31 days, fresher than the Pembroke average of 123 days.
Discover a smart investment opportunity at 256 Maple Avenue, a solid two-storey duplex conveniently located in central Pembroke. The main-floor unit is currently tenanted, while the upper unit has a new tenant scheduled to move in following the current tenant's departure at the end of October, offering continued rental income for the new owner. The main-floor unit features a comfortable one-bedroom layout with a full 3-piece bathroom and access to the basement, providing plenty of additional storage space. The basement also houses the boiler and two hot water tanks. The upper unit offers two bright bedrooms, a full 4-piece bathroom and a functional kitchen, providing a comfortable and inviting living space. Each unit has its own hydro meter, allowing tenants to manage their individual electricity usage while simplifying utility management for the landlord. The property is heated with natural gas and is ideally situated just minutes from shopping, schools, parks and other everyday amenities.With tenants in place and a convenient central location, 256 Maple Avenue is a great opportunity to add an income-producing property to your investment portfolio. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 31 days on market, against an average age of 123 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 3-bed multi-family in Pembroke has been listed for 31 days, which is 92 days fresher than the city average of 123. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $339,000, about 4.5× the local median household income of $75,000.
Carrying it typically needs a household income of about $66,219 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA K8A)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice