$1,049,000
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583 River RD Pembroke, ON K8A 1A3
6 Beds
3 Baths
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision 530 - Pembroke
MLS Listing ID X12083301
Sold Date 06/13/25
Style 2 1/2 Storey
Bedrooms 6
Building Age New
Annual Tax Amount $4,474
Tax Year 2024
Property Sub-Type Triplex
Property Description
Introducing 583 River Road, a rare and exceptional opportunity for homebuyers looking to generate additional income, or savvy investors. 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.
Location
Province ON
County Renfrew
Community 530 - Pembroke
Area Renfrew
Rooms
Family Room No
Basement Finished, Apartment
Kitchen 3
Interior
Interior Features ERV/HRV, Separate Heating Controls, Separate Hydro Meter
Cooling Other
Exterior
Exterior Feature Landscaped, Deck
Parking Features Private
Pool None
View River
Roof Type Asphalt Shingle
Lot Frontage 69.0
Lot Depth 66.4
Total Parking Spaces 8
Building
Foundation Insulated Concrete Form
Others
Senior Community No
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