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$399,999 total
2,784 SF
Asset Class
Multifamily
Size
2,784 SF
Building class
A
Zoning
RF6 — Medium Density
$ / SF
$144
Occupancy
92%
Lot Size
2784 ac
Offering outstanding flexibility, this commercially mixed-zoned property presents a variety of potential uses, including a professional office, triplex conversion, single-family residence with a secondary dwelling, or an income-producing investment, subject to municipal approvals where required. Situated in a central Pembroke location surrounded by professional offices, medical services, financial institutions, and established businesses, the property benefits from excellent accessibility and long-term investment potential. The building currently features two self-contained units, including a spacious four-bedroom plus den main unit with two full bathrooms and an attached one-bedroom apartment. Whether you're looking to operate your business, generate rental income, accommodate extended family, or redevelop to maximize the property's potential, this property offers exceptional versatility. Recent updates include new flooring, fresh paint, and a new furnace (2025). Additional features include an attached 1.5-car garage, paved parking, and a durable metal roof, providing functional space with low-maintenance ownership. Commercial mixed zoning combined with multiple potential uses makes this a rare opportunity for investors, business owners, developers, and owner-occupiers alike. Operating expenses are available upon request. (id:66811)
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Monthly debt service
$2K
Projected NOI
$19K
Annual cash flow
$-3K
Cash-on-cash
-2.57%
DSCR
0.86
Going-in cap
4.77%
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.
| Tenant | Area | Expiry |
|---|---|---|
| Blue Harbour Design | 1,669 SF | 2028-11 |
| Blue Harbour Design | 586 SF | 2028-11 |
| Blue Harbour Design | 400 SF | 2028-11 |
Trade area within 3 miles of the property.
Population
145,319
Households
50,987
Median income
$108,500
Median age
32.8
Daytime population
227,983
5-yr growth
3.3%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 164 MAPLE AVENUE, Pembroke.
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.