Business For Sale · Multifamily

164 MAPLE AVENUE, Pembroke

164 MAPLE AVENUE, Pembroke, ON K8A1L2

$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

About this property

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)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$400K
Down payment30% · $120K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

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.

Rent roll (estimated)

TenantAreaExpiry
Blue Harbour Design1,669 SF2028-11
Blue Harbour Design586 SF2028-11
Blue Harbour Design400 SF2028-11

Area demographics

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.

Secure deal room

Confidential diligence documents for 164 MAPLE AVENUE, 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.