Real Estate Agent

100 MAPLE Avenue (40364698)

100 MAPLE Avenue, Pembroke, Ontario, K8A1K9
Bedrooms48 Property TypeMulti-family
Built in2018 Lot Size1.6 acres
Building Area31000

Exceptional multi-family investment opportunity; suites with waiting list, catering to mostly senior tenants and featuring two buildings with 24 spacious suites (12 units per building) constructed 2018/19 with elevator service to each unit and adjacent Ottawa River downtown Pembroke. Each unit has 5 appliances, separate electrical with ductless systems per unit with baseboard offset if ever required. Tenants pay own electricity and hot water in addition to HWT tank rental (electric). In addition to two (at the time of listing) fully rented apartment buildings, the sale includes an adjacent parcel (separate PIN) for future development of an additional 12-unit building, subject to tsite plan per City of Pembroke Lands are all zoned R4-34 multiple family zone with favorable development exceptions for this location per Ottawa. The population as of 2021 Census was 14,364. It is home to the administrative Marina & Pembroke Waterfront Park (pathways & waterfront boardwalk) while only 3km to the Pembroke Mall/Walmart/Canadian Tire, 1.5km to the Pembroke Regional Hospital and just 950 metres to Algonquin College. 2021 Income/Operating Expenses Available to qualified Buyers. Gross Income 2021 of $456,763.52 with Expenses before debt service of $168,315.00 (full breakdown available, including vacant land exp. and management fee). (id:25832)

Amenities NearbyShopping CommunicationInternet Access
FeaturesCul-de-sac OwnershipFreehold
TransactionFor sale Zoning DescriptionR4-34
BasementNone Constructed Date2018
Construction Style AttachmentDetached CoolingDuctless, Wall unit
Exterior FinishBrick Veneer, Vinyl siding Fire ProtectionSmoke Detectors
Bathrooms (Total)0 HeatingBaseboard heaters, Forced air, Heat Pump
Size Interior31000.0000 Storeys Total3
Utility WaterMunicipal water
Size Total1.6 ac|1/2 - 1.99 acres Size Frontage306 ft
AcreageYes AmenitiesShopping
Landscape FeaturesLandscaped SewerMunicipal sewage system
Size Depth203 ft Size Irregular1.6

Listing Office: Re/Max Rise Executives, Brokerage

Data Provided by Kingston & Area Real Estate Association

Last Modified :12/01/2023 03:21:52 PM


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Peggy Cruickshank | REMAX Agent

peggy cruickshank kingston real estate

Cheo Foundation

A portion of every commission is gifted to my family's favourite charity -- the Children's Charity Network.