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$1,049,000
Available - For Sale
Listing ID: X12083306
Introducing 583 River Road, a rare and exceptional opportunity for savvy investors or homebuyers looking to generate additional income. Completed in 2024 with high-end workmanship, this brand new triplex is fully leased at excellent rents, making it a truly turn-key investment. Each of the three spacious 2-bedroom units boasts over 1,000 sq ft of living space, with modern finishes, thoughtful layouts, and abundant natural light throughout. With a remarkable 7% CAP rate, this property offers reliable, long-term income potential right from day one. Perfectly situated near a full range of amenities, this property is ideal for professionals, students, or families ensuring strong tenant demand year-round. Whether you're house hacking or expanding your rental portfolio, 583 River Road is a smart move in todays market. Don't miss out on this outstanding investment opportunity.
Price $1,049,000
Taxes: $4,474
Tax Type: Annual
Assessment Year: 2024
Occupancy by: Tenant
Address: 583 River Road , Pembroke, K8A 1A3, Renfrew
Postal Code: K8A 1A3
Province/State: Renfrew
Directions/Cross Streets: River Rd. and Hunter St.
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: Apartment
Use: Apts - 2 To 5 Units
Building Percentage: T
Total Area: 3,200
Total Area Code:  Square Feet
Approximatly Age: New
Franchise: F
Maintenance: 0
Water Expense: $3488
Net Income Before Debt: $73198
Expenses Actual/Estimated: $Est
Sprinklers: No
Heat Type: Other
Central Air Conditioning: Yes
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
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EXP REALTY

583 River Road , Pembroke, K8A 1A3, Renfrew


 
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At a Glance:
Type: Com - Investment
Area: Renfrew
Municipality: Pembroke
Neighbourhood: 530 - Pembroke
Style:
Lot Size: x 66.40(Feet)
Approximate Age: New
Tax: $4,474
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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