For Sale Multi-Family

125 - 145 - 165 - 185 Catherine Street

$7,450,000
Pembroke, Ontario K8A 1V3 MLS® X13442484
364 X 132 Ft ; Lot Dimensions Are For 3 Parcels Total Lot size
None Radiator

About this home

The Catherine Street portfolio consists of 44 units (with 39 - 2 bedroom units) over 4 contiguous buildings, located in a quiet residential neighborhood in Pembroke, close to shopping, restaurants, schools, and downtown Pembroke, with convenient access to transit routes, grocery stores, Pembroke Mall, Algonquin College, and the Pembroke Regional Hospital. Proximity to the Trans-Canada Highway ensures quick access to surrounding communities and regional employers, making these properties highly attractive to a wide renter base. The buildings have benefited from a comprehensive program of capital improvements, ensuring the properties are exceptionally well positioned for long-term performance. Extensive upgrades to mechanical systems, windows, roofing, and balconies, along with in-suite renovations and new appliances, the portfolio offers both stability and clear upside potential through the continued renovation of remaining suites, with substantial potential rental increases as units turnover. Financials are available with an NDA. (id:28469)

Business

Business Type Residential
Business Sub Type Apartments

Facts & features

Property

MLS® Number
X13442484
Property Type
Multi-family
Community Name
530 - Pembroke

Building

Cooling Type
None
Heating Type
Radiator
Type
Multi-family
Utility Water
Municipal Water

Land

Acreage
No
Size Depth
132 Ft
Size Frontage
364 Ft
Size Irregular
364 X 132 Ft ; Lot Dimensions Are For 3 Parcels Total
Size Total Text
364 X 132 Ft ; Lot Dimensions Are For 3 Parcels Total
Zoning Description
Residential

Monthly payment estimate

$
Estimated payment per month
Mortgage amount
Total interest

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.

Location

125 - 145 - 165 - 185 Catherine Street, Pembroke, Ontario K8A 1V3  ·  Get directions