Excellent investment opportunity in a convenient Pembroke location! This well-maintained triplex features three separate, self-contained units, each with its own hydro meter, electrical panel and hot water tank, providing investors with excellent utility separation and simplified expense management. The property generates approximately $60,228 in annual rental income, with estimated annual expenses of only $18,734.72, resulting in an impressive approximate net annual income of $41,493.28. Additional income is generated through on-site laundry, coin operated. Tenants pay their own hydro, while the landlord is responsible for natural gas and common-area costs, helping to maintain a favourable operating expense structure. Current rents include $1,837/month for the main floor 2-bedroom unit, $1,600/month for the upper 2-bedroom unit, and $1,532/month for the lower level 1-bedroom+den unit. The seller has completed numerous updates throughout the property, making this an attractive opportunity for investors seeking established rental income with strong cash-flow potential. Conveniently located close to schools, shopping, downtown amenities and Algonquin College's Pembroke Campus, this property offers a desirable location for tenants and solid fundamentals for an income-producing portfolio addition. Minimum 24-hour irrevocable on all offers. Minimum 48-hour notice required for all showings. (id:25961)
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Rooms
| Level | Type | Dimensions |
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Details
- Equipment: Water Heater
- Parking Spaces: 5
- Rental Equipment: Water Heater
- Transaction: For sale
Building
- Appliances: Dishwasher, Dryer, Stove, Washer, Refrigerator
- BasementType: N/A
- Basement Features: Apartment in basement
- Bedrooms Main Level: 4
- Bedrooms Lower Level: 1
- Cooling: None
- Exterior Finish: Stucco, Brick
- Fireplace Present: False
- Foundation: Block
- Bathrooms (Total): 3
- Heating: Forced air
- Heating Fuel: Natural gas
- Size Interior: 1500 - 2000 sqft
- Stories Total: 1.5
- Type: Triplex
- Utility Water: Municipal water
Land
- Sewer: Sanitary sewer
- Size Frontage: 65 ft ,10 in
- Size Irregular: 65.9 x 107.8 FT
Listing provided by ROYAL LEPAGE EDMONDS & ASSOCIATES
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 526 MACKAY STREET in Pembroke Ontario. It was last modified on September 18th, 2026. Contact the Chris Drozda Group to schedule a viewing or to discover other Pembroke homes for sale.