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659 Mackay Street Pembroke, Ontario K8A 1G5

1,500 ft2
Baseboard Heaters

$499,000

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. (id:37351)

Property Details

MLS® Number X12307137
Property Type Multi-family
Community Name 530 - Pembroke

Building

HeatingType Baseboard Heaters
SizeInterior 1,500 Ft2
Type Multi-family
UtilityWater Municipal Water

Land

Acreage No
SizeDepth 131 Ft ,11 In
SizeFrontage 48 Ft ,4 In
SizeIrregular 48.35 X 131.98 Ft
SizeTotalText 48.35 X 131.98 Ft
ZoningDescription N/a

https://www.realtor.ca/real-estate/28653087/659-mackay-street-pembroke-530-pembroke

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Russel Hunt
Salesperson

(613) 807-0241

Exp Realty
424 Catherine St Unit 200
Ottawa, Ontario K1R 5T8

(866) 530-7737
(647) 849-3180

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