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$1,049,000
Available - For Sale
Listing ID: X12083306
583 River Road , Pembroke, K8A 1A3, Renfrew
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.
Price $1,049,000
Taxes: $4,474
Tax Type: Annual
Assessment Year: 2024
Occupancy by: Tenant
Address: 583 River Road , Pembroke, K8A 1A3, Renfrew
Postal Code: K8A 1A3
Province/State: Renfrew
Directions/Cross Streets: River Rd. and Hunter St.
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Category: Apartment
Use: Apts - 2 To 5 Units
Building Percentage: T
Total Area: 3,200
Total Area Code:  Square Feet
Approximatly Age: New
Franchise: F
Maintenance: 0
Water Expense: $3488
Net Income Before Debt: $73198
Expenses Actual/Estimated: $Est
Sprinklers: No
Heat Type: Other
Central Air Conditioning: Yes
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Down payment: $  
Interest Rate: %  
Amortization :  Years
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
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Percent Down:
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
EXP REALTY

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Maria Tompson
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sales@bestforagents.com

 

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