672-680 MACKAY STREET, Pembroke, Ontario, K8A 1G5

MLS® # 1416987

Investment For Sale In Pembroke, Ontario

$995,000

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672-680 Mackay Street, Pembroke, ON - Outdoor

672-680 Mackay Street, Pembroke, ON - Outdoor With View

672-680 Mackay Street, Pembroke, ON - Outdoor With Exterior

672-680 Mackay Street, Pembroke, ON - Indoor Photo Showing Living Room

672-680 Mackay Street, Pembroke, ON - Indoor

672-680 Mackay Street, Pembroke, ON - Indoor Photo Showing Other Room

672-680 Mackay Street, Pembroke, ON - Indoor Photo Showing Kitchen

672-680 Mackay Street, Pembroke, ON - Indoor Photo Showing Bedroom

672-680 Mackay Street, Pembroke, ON - Indoor Photo Showing Kitchen With Double Sink

672-680 Mackay Street, Pembroke, ON - Indoor Photo Showing Bathroom

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672-680 MACKAY STREET, Pembroke, Ontario, K8A 1G5

$995,000

Property Information:

Calling all Investors! Well kept investment property across the road from the Pembroke General Hospital, in the sought after east end Pembroke. Fully occupied and generating great income. These well maintained buildings, both have had substantial upgrades and improvements including new roofs, new furnaces, new coin operated laundry machines, and all apartments have had major renovations in the past several years including new flooring, new kitchens, new bathrooms, new plumbing and more. The property has an impressive 6.3 percent cap rate in an already competitive market with additional room to grow upon tenant turnover and improved rental income. The unit mix includes (1 x 3 Bed Apartment, 3 x 1 Bed Apartments and 2 x 2 Bed Apartments) giving landlords an opportunity to serve the needs of several different tenant profiles including those that need accessibility. Vacancies are a rarity in this market and units are in high demand. In depth investment analysis available upon request. (id:27)

Building Features:

Style: Multiplex
Exterior Finish: Brick, Siding
Heating Type: Forced air, Radiant heat
Heating Fuel: Natural gas

Property Features:

OwnershipType: Freehold
Property Type: Multi-family
Irregular: Yes
Lot Depth: 78.0 Feet
Lot Frontage: 152.0 Feet
Lot Size: 152 ft X 78 ft
Zoning: Commercial Apartment
Sewer: Municipal sewage system
No. of Parking Spaces: 6

Access to Sold Data on this website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of residential real estate.

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Sales/Price History

Rating:

Notes:

Evan Davies

Sales Representative Royal LePage Edmonds & Associates , Brokerage*

Office:613.735.1062

Fax:613.735.2664

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Tony Davies

Sales Representative Royal LePage Edmonds & Associates , Brokerage*

Office:613.735.1062

Fax:613.735.2664

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Taylor Souliere

Real Estate Agent Royal LePage Edmonds & Associates , Brokerage*

Mobile:613.602.1100

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Market Price Trends

Location of 672-680 MACKAY STREET, Pembroke, Ontario, K8A 1G5

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

29 hot days expected in 2050

Projected Precipitation Risk: Moderate

14 storms expected in 2050

Projected Heat Risk: Moderate

29 hot days expected in 2050

46/100

Moderate

ClimateCheck®

Current data

This property, 672-680 MACKAY STREET , experiences 7 hot days per year at around 31.5 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 29 hot days at 34.9 degrees Celsius.

Projected Avg. Temperature

Past

31.5℃

2050

34.9℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate

14 storms expected in 2050

57/100

Moderate

ClimateCheck®

Current data

This property, 672-680 MACKAY STREET , experiences 11 significant 2-day storms per year, with about 284.5mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 358.5mm of precipitation per year.

Precipitation Per Storm

Past

284.5mm

2050

358.5mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 672-680 MACKAY STREET, Pembroke, Ontario, K8A 1G5

Life Stage

Midlife Families

Employment Type

Service Sector/White Collar

Average Household Income

$107,114.34

Average Number of Children

1.60

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

17.45 %

High school certificate or equivalent

34.84 %

Apprenticeship trade certificate/diploma

7.67 %

College/non-university certificate

27.53 %

University certificate (below bachelor)

0.96 %

University Degree

11.55 %

Commuter

Travel To Work

By Car

76.3 %

By Public Transit

0.0 %

By Walking

12.96 %

By Bicycle

0.53 %

By Other Methods

10.21 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

20.72 %

Houses

79.28 %

Own Vs. Rent

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672-680 MACKAY STREET, Pembroke, Ontario, K8A 1G5 $995,000 MLS® # 1416987

Property Information:

Building Features:

Property Features:

Sales/Price History

Market Price Trends

Location of 672-680 MACKAY STREET, Pembroke, Ontario, K8A 1G5

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 672-680 MACKAY STREET, Pembroke, Ontario, K8A 1G5

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

672-680 MACKAY STREET, Pembroke, Ontario, K8A 1G5

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