$499,000
Available - For Sale
Listing ID: X12307137
659 Mackay Street , Pembroke, K8A 1G5, Renfrew
| Attention builders and investors! Prime Development Opportunity with existing Duplex + shovel ready 6-Unit Expansion. This rare offering in the heart of Pembroke features a renovated vacant duplex on a large, centrally located lot complete with development permits and plans for a 6-unit residential addition. The existing duplex could provide immediate rental income, while the real value lies in the future build; as-completed appraisal in-hand of $2,250,000! With detailed architectural plans, Phase 1 ESA, and zoning compatibility in place, this property is ideal for multi-residential expansion in a growing market. Steps from the hospital, schools, and amenities, this location supports strong rental demand and long-term growth. Seller is open to creative Joint Venture offer opportunities. |
| Price | $499,000 |
| Taxes: | $3381.58 |
| Tax Type: | Annual |
| Occupancy: | Vacant |
| Address: | 659 Mackay Street , Pembroke, K8A 1G5, Renfrew |
| Postal Code: | K8A 1G5 |
| Province/State: | Renfrew |
| Legal Description: | PT LTS 320, 321, 335 & 336, PL 83, PT 1, |
| Directions/Cross Streets: | Mackay St / Bell 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 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 |
| Category: | Apartment |
| Building Percentage: | T |
| Total Area: | 1500.00 |
| Total Area Code: | Square Feet |
| Washrooms: | 0 |
| Heat Type: | Baseboard |
| Central Air Conditioning: | No |
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At a Glance:
| Type: | Com - Investment |
| Area: | Renfrew |
| Municipality: | Pembroke |
| Neighbourhood: | 530 - Pembroke |
| Tax: | $3,381.58 |
| Fireplace: | N |
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