$1,099,000
Available - For Sale
Listing ID: X12010830
585 Perth Street , Pembroke, K8A 6B9, Renfrew
| Welcome to 585 Perth Street, an exceptional opportunity for savvy investors or homebuyers seeking additional income. This fourplex consists of 2 brand-new units (2024 addition, rent increases not be bound by LTB rules!) and 2 renovated units (2019), and is rented all at market value. Featuring 4 spacious 2-bedroom units, modern finishes, and abundant natural light, this property promises a steady income with an incredible 7% CAP rate! Conveniently located near Algonquin College and other amenities, it's an ideal addition to any investment portfolio. Don't miss out on this excellent turn-key investment opportunity! |
| Price | $1,099,000 |
| Taxes: | $4800.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 585 Perth Street , Pembroke, K8A 6B9, Renfrew |
| Postal Code: | K8A 6B9 |
| Province/State: | Renfrew |
| Lot Size: | 67.00 x 113.00 (Feet) |
| Directions/Cross Streets: | Perth St. & New St. |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Category: | Apartment |
| Use: | Apts - 2 To 5 Units |
| Building Percentage: | T |
| Total Area: | 7545.00 |
| Total Area Code: | Square Feet |
| Taxes Expense: | $4800 |
| Insurance Expense: | $3600 |
| Hydro Expense: | $600 |
| Water Expense: | $4080 |
| Operating Expenses: | $600 |
| Net Income Before Debt: | $76320 |
| Expenses Actual/Estimated: | $Est |
| Washrooms: | 0 |
| Heat Type: | Other |
| Central Air Conditioning: | Yes |
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Bus:
416-548-7854
Fax:
416-981-7184
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At a Glance:
| Type: | Com - Investment |
| Area: | Renfrew |
| Municipality: | Pembroke |
| Neighbourhood: | 530 - Pembroke |
| Lot Size: | 67.00 x 113.00(Feet) |
| Tax: | $4,800 |
| Fireplace: | N |
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