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Home ON Greater Pembroke Pembroke
659 MACKAY STREET
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659 MACKAY STREET $499,000
$499,000
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659 MACKAY STREET
Pembroke, Ontario K8A1G5

MLS® Number: X12307137

Listing Description

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. (40960224)

Location Description

Mackay St / Bell St

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Community Name
530 - Pembroke
Land Size
48.35 x 131.98 FT
Annual Property Taxes
$3,381.58
Time on REALTOR.ca
9 days

Building

Heating & Cooling
Heating Type
Baseboard heaters
Utilities
Water
Municipal water

Measurements

Square Footage
1500 sqft

Land

Lot Features
Frontage
48 ft ,4 in
Land Depth
131 ft ,11 in
Other Property Information
Zoning Description
n/a
Data provided by: Ottawa Real Estate Board 1826 Woodward Drive, Ottawa, Ontario K2C 0P7

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