$349,900

For sale

539 Mcgee Street, Pembroke - Multi-family for Sale

539 Mcgee Street, Pembroke, Ontario, K8A6E3

5 beds2 baths5 parking1,750 ft²62 × 88 ft (5,399 sq ft) lot sizeListed 80 days ago

Overview

This multi-family property in Pembroke is for sale offering roughly 1,750 sq ft of space. It has been on the market 80 days, fresher than the Pembroke average of 123 days.

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

Description

Exceptional investment with strong income. This versatile duplex offers two nice sized units, ideal for generating rental income while building equity.The main unit features a bright, functional layout with a functional kitchen, two bedrooms, living room, and full bath, plus additional basement space including a den and family room or potential third bedroom-adding valuable rental flexibility.The upper unit offers two bedrooms, kitchen, living room, and bath, along with access to a third level that can serve as a third bedroom, den, or additional living space-maximizing rental value.Situated on a desirable corner lot with a garage, patio and fish pond - this property is a smart addition to any investment portfolio! Furnace 2025. HWT 2025. Two Hydro metres. (id:66096)

Property Details

MLS®: X13680942
Property Type: Multi-family
Zoning: R2
Bedrooms: 5
Beds (above / below): 5 above · 0 below
Bathrooms: 2
Parking: 5
Interior Size: 1,750 ft²
Lot Size: 62 × 88 ft (5,399 sq ft)
Frontage: 62 ft
Storeys: 3
Basement: Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Property Tax: $4,121/yr
Listed: 80 days ago

Features

Appliances: Washer, Refrigerator, Stove, Dryer
Exterior: Asbestos

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

80d

Pembroke listings, avg age

123d

Price / ft²

$200

List price

$350K

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 5-bed multi-family in Pembroke has been listed for 80 days, which is 43 days fresher than the city average of 123. Act while there is still low competition.

Set a price alert Book a showing

Listed by RE/MAX PEMBROKE REALTY LTD. · Christine Hall

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K8A)

This home lists at $349,900, about 4.7× the local median household income of $75,000.

Carrying it typically needs a household income of about $68,348 (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)

$349,900· $200/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Full Cost Breakdown

Loading rates, 30-yr amortization

Current Rates

Loading…

Compare all rates

Down Payment5% · $17,495

Min 5%50%

Mortgage payment$1,843/mo

↳ CMHC premium ($13,296 capitalized)

Property tax (est.)$343/mo

Total monthly$2,186

Cash Needed to Close

Down payment (5%)$17,495

Land transfer tax$3,724

Est. closing costs$3,550

Total cash needed$24,769

Get Pre-Approved · Free & Fast

Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

Rental cashflow calculator