We use cookies and other technologies for functionality, security, and to provide you with a personalized experience on our online services. By continuing to use our online services, you agree to our Privacy Policy and Terms of Use. For information on how to adjust your privacy settings, visit our Cookie Policy.
Dismiss
Home ON Greater Pembroke Pembroke
583 RIVER ROAD
Directions Print
583 RIVER ROAD $1,049,000
$1,049,000
Hide
Favourite

583 RIVER ROAD
Pembroke, Ontario K8A1A3

MLS® Number: X12083306

Listing Description

Introducing 583 River Road, a rare and exceptional opportunity for savvy investors or homebuyers looking to generate additional income. Completed in 2024 with high-end workmanship, this brand new triplex is fully leased at excellent rents, making it a truly turn-key investment. Each of the three spacious 2-bedroom units boasts over 1,000 sq ft of living space, with modern finishes, thoughtful layouts, and abundant natural light throughout. With a remarkable 7% CAP rate, this property offers reliable, long-term income potential right from day one. Perfectly situated near a full range of amenities, this property is ideal for professionals, students, or families ensuring strong tenant demand year-round. Whether you're house hacking or expanding your rental portfolio, 583 River Road is a smart move in todays market. Don't miss out on this outstanding investment opportunity. (40252036)

Location Description

River Rd. and Hunter St.

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Community Name
530 - Pembroke
Land Size
69 x 66.4 FT
Age Of Building
New building
Annual Property Taxes
$4,474
Time on REALTOR.ca
12 days

Building

Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Other
Utilities
Water
Municipal water
Business
Business Type
Residential (Apartments)

Measurements

Square Footage
3200 sqft

Land

Lot Features
Frontage
69 ft
Land Depth
66 ft ,4 in
Other Property Information
Zoning Description
R-2
Data provided by: Ottawa Real Estate Board 1826 Woodward Drive, Ottawa, Ontario K2C 0P7

Similar Listings

RUSSEL HUNT