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659 Mackay Street

$499,000

For Sale

MLS # X12307137

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Property Type

Commercial

Bedrooms

0

Bathrooms

0

Square Footage

N/A

Building Age

N/A

Time on Market

8 Days

Description

Attention builders and investors! Prime Development Opportunity with existing Duplex + shovel ready 6-Unit Expansion. This rare offering in the heart of Pembroke features a renovated vacant duplex on a large, centrally located lot complete with development permits and plans for a 6-unit residential addition. The existing duplex could provide immediate rental income, while the real value lies in the future build; as-completed appraisal in-hand of $2,250,000! With detailed architectural plans, Phase 1 ESA, and zoning compatibility in place, this property is ideal for multi-residential expansion in a growing market. Steps from the hospital, schools, and amenities, this location supports strong rental demand and long-term growth. Seller is open to creative Joint Venture offer opportunities.

Property Summary

Building Type

Investment

Land Size

48.35 x 131.98 feet

Storeys

N/A

Property Tax - 2024

$3381.58

Address

Address

659 Mackay Street

City

Pembroke

Postal Code

K8A 1G5

Province

Ontario

Community Name

530 - Pembroke

Country

Canada

Details

Building Overview

Bedrooms & Bathrooms

  • Total Bedrooms - 0
  • Total Bathrooms - 0

Interior

Exterior

Heating & Cooling

  • Heat Type - Baseboard
  • Heat Source - Unknown
  • Cooling Source - No

Utilities

  • Water Service - Municipal
  • Sewer Service - Unknown

Rooms Overview

Room Floor Dimensions Features
No room data available for this listing

Land Overview

Lot Dimensions

48.35 x 131.98 Feet

Property Features

Shoreline

Russel Hunt

Salesperson

613-807-0241

EXP REALTY

Brokerage

424 CATHERINE ST UNIT 200

OTTAWA, ON, K1R5T8

866-530-7737

Questions?

Interested in scheduling a viewing? Or just have some questions about the listing? Let us know!

Disclaimer

Listing data is copyrighted by the Toronto Regional Real Estate Board. It is intended solely for consumers with a genuine interest in the purchase, sale, or lease of real estate and may not be used for any commercial or unrelated purposes. While the information is believed to be reliable, accuracy is not guaranteed by Toronto Regional Real Estate Board or Brick & Noble. No representations or warranties, express or implied, are made by Brick & Noble or its affiliates as to the accuracy or completeness of the information shown. Data is deemed reliable but not guaranteed and should be independently verified.