ON > Pembroke > 530 - Pembroke
Pembroke, ON K8A 1G5,659 Mackay ST
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Pembroke, ON K8A 1G5,659 Mackay ST
Pembroke, ON K8A 1G5,659 Mackay ST
Pembroke, ON K8A 1G5,659 Mackay ST
Pembroke, ON K8A 1G5,659 Mackay ST
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Jamie Black

Jamie Black

+1(416) 496-9220
$ 499,000
Est. payment /mo
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Active

659 Mackay ST Pembroke, ON K8A 1G5

1,500 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 1,500 sqft

Price per Sqft $332

Subdivision 530 - Pembroke

MLS Listing ID X12307137

Annual Tax Amount $3,381

Tax Year 2024

Property Sub-Type Investment

Property 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.

Location

Province ON

County Renfrew

Community 530 - Pembroke

Area Renfrew

Interior

Cooling No

Exterior

Utilities Available Yes

Lot Frontage 48.35

Lot Depth 131.98

Listed by EXP REALTY
agent

Jamie Black

Sales Representative

+1(416) 496-9220

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659 Mackay ST

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