Discover a smart investment opportunity at 256 Maple Avenue, a solid two-storey duplex conveniently located in central Pembroke. The main-floor unit is currently tenanted, while the upper unit has a new tenant scheduled to move in following the current tenant's departure at the end of October, offering continued rental income for the new owner. The main-floor unit features a comfortable one-bedroom layout with a full 3-piece bathroom and access to the basement, providing plenty of additional storage space. The basement also houses the boiler and two hot water tanks. The upper unit offers two bright bedrooms, a full 4-piece bathroom and a functional kitchen, providing a comfortable and inviting living space. Each unit has its own hydro meter, allowing tenants to manage their individual electricity usage while simplifying utility management for the landlord. The property is heated with natural gas and is ideally situated just minutes from shopping, schools, parks and other everyday amenities.With tenants in place and a convenient central location, 256 Maple Avenue is a great opportunity to add an income-producing property to your investment portfolio. (id:28469)
Facts & features
Property
MLS® Number
X13859876
Property Type
Multi-family
Community Name
530 - Pembroke
Parking Space Total
2
Building
Bathroom Total
2
Bedrooms Above Ground
3
Bedrooms Total
3
Amenities
Separate Electricity Meters
Basement Development
Unfinished
Basement Type
Full (unfinished)
Cooling Type
None
Exterior Finish
Brick
Foundation Type
Stone
Heating Fuel
Natural Gas
Heating Type
Forced Air
Stories Total
2
Size Interior
1,100 - 1,500 Sqft
Type
Duplex
Utility Water
Municipal Water
Parking
No Garage
—
Land
Acreage
No
Sewer
Sanitary Sewer
Size Depth
101 Ft ,6 In
Size Frontage
45 Ft ,1 In
Size Irregular
45.1 X 101.5 Ft
Size Total Text
45.1 X 101.5 Ft
Utilities
Electricity
Installed
Sewer
Installed
Monthly payment estimate
$
Estimated payment—per month
Mortgage amount
—
Total interest
—
Down payments under 20% typically require mortgage default insurance (CMHC), which is not included in this estimate.
Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.
Cost of ownership
Est. monthly payment
$1,501/mo
Ontario land transfer tax
$3,560 one-time
Payment assumes 20% down over 25 years. First-time buyers may get up to $3,560 back on land transfer tax.