For Sale · Multifamily

173-175 MARY STREET, Pembroke

173-175 MARY STREET, Pembroke, ON K8A5V7

$309,900 total

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Asset Class

Multifamily

Size

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Building class

B

Zoning

RA8 — Medium Rise

$ / SF

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Occupancy

83%

About this property

Great opportunity in the heart of Pembroke to own your very own side-by-side duplex. Each unit welcomes you with a large foyer, spacious open concept living/dining space. A kitchen with plenty of cabinetry with main floor laundry. Upstairs, 2 good sized bedrooms with a full bath. This fully rented duplex is walking distance to restaurants, children schools, daycare, and Algonquin College. Making it a perfect choice for Investors, Algonquin Parents for their students. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$310K
Down payment30% · $93K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$12K

Annual cash flow

$-6K

Cash-on-cash

-6.02%

DSCR

0.67

Going-in cap

3.74%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

101,466

Households

47,422

Median income

$64,000

Median age

40.6

Daytime population

160,450

5-yr growth

1.8%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 173-175 MARY STREET, Pembroke.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.