659 MACKAY STREET Active

Pembroke,ON K8A1G5

$ 499000

- Bed

- Bath

1500 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,500 sqft

Price per Sqft $332

Subdivision 530 - Pembroke

MLS Listing ID X12307137

Source Ottawa Real Estate Board

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. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Baseboard heaters

Exterior

Parking Features No

View Y/N No

Private Pool No

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