$299,900

For sale

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346 TRAFALGAR Road, Pembroke - Multi-family for Sale

346 TRAFALGAR Road, Pembroke, Ontario, K8A5A9

3 beds2 baths4 parking ft²

7 Isabella Street, Pembroke, Ontario, K8A5S4

4 bd3 ba4 pk1,750 ft²Lot size 60 × 106 ft (6,360 sq ft)

Listed by ROYAL LEPAGE EDMONDS & ASSOCIATES

256 Maple Avenue, Pembroke, Ontario, K8A1L6

For sale

31 days ago

$339K

256 Maple Avenue, Pembroke, Ontario, K8A1L6

3 bd2 ba2 pk1,300 ft²Lot size 45 × 102 ft (4,578 sq ft)

Listed by SIGNATURE TEAM REALTY LTD.

387 Moffat Street, Pembroke, Ontario, K8A3X8

For sale

44 days ago

$175K

387 Moffat Street, Pembroke, Ontario, K8A3X8

4 bd2 ba2 pk1,750 ft²Lot size 57 × 132 ft (7,524 sq ft)

Listed by SIGNATURE TEAM REALTY LTD.

283 & 285 William Street, Pembroke, Ontario, K8A1P2

For sale

63 days ago

$470K

283 & 285 William Street, Pembroke, Ontario, K8A1P2

7 bd3 ba2 pk2,750 ft²Lot size 76 × 108 ft (8,208 sq ft)

Listed by EXIT OTTAWA VALLEY REALTY

Investment analysis

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$299,900

Pembroke

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43 × 132 ft (5,676 sq ft) lot size

Overview

This multi-family property in Pembroke is for sale offering roughly 900 sq ft of space. It has been on the market 44 days, fresher than the Pembroke average of 122 days.

Multi-Family Properties for Sale in Pembroke →All real estate in Pembroke →

Description

Investment Opportunity! Fully occupied duplex in central Pembroke located close to Algonquin College and Downtown. Situated on a large city lot, this duplex offers a large main floor two bedroom apartment as well as a one bedroom apartment on the upper level. Keep both units rented or live in one unit and rent the other! The basement is dry and spray foamed for energy efficiency and reduced heating bills during the winter. Newer natural gas furnace and newer flooring throughout main level. Easy walking distance to all amenities makes this very easy to rent out. Exterior photos only to respect the privacy of tenants. 24 hours irrevocable required on all offers. (id:66096)

Property Details

MLS®: X13808182
Property Type: Multi-family
Zoning: R2
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 4
Interior Size: 900 ft²
Lot Size: 43 × 132 ft (5,676 sq ft)
Frontage: 43 ft
Storeys: 2
Basement: Unfinished, Full
Heating: Forced air, Natural gas
Cooling: None
Garage: No Garage
Property Tax: $3,548/yr
Listed: 44 days ago

Features

Appliances: Washer, Dryer, Two stoves, Two Refrigerators
Foundation: Concrete
Exterior: Stucco, Aluminum siding

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

44d

Pembroke listings, avg age

122d

Price / ft²

$333

List price

$300K

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.

Haho

This 3-bed multi-family in Pembroke has been listed for 44 days, which is 78 days fresher than the city average of 122. Act while there is still low competition.

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Listed by ROYAL LEPAGE EDMONDS & ASSOCIATES · Tony Davies

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K8A)

This home lists at $299,900, about 4.0× the local median household income of $75,000.

Carrying it typically needs a household income of about $58,581 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $75,000
Population: 26,392
Median age: 45.6
Owner / renter: 70% / 30%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA K8A)

$299,900· $333/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $14,995

Min 5%50%

Mortgage payment$1,580/mo

↳ CMHC premium ($11,396 capitalized)

Property tax (est.)$296/mo

Total monthly$1,875

Cash Needed to Close

Down payment (5%)$14,995

Land transfer tax$2,974

Est. closing costs$3,400

Total cash needed$21,369

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