Howard Marling

BROKER

320 LAKE ST STREET
Pembroke, Ontario K8A5M2

$4,500,000

ID# 1347315
Constructed in 2017/18, this 16-unit building just two blocks from Algonquin College in downtown Pembroke features 15 three-bedroom suites and 1 one-bedroom suite, all with appliances (fridge/stove/dishwasher) and furniture package. Projected gross income from rental and parking for 2023 projected at $410,310/annum. Seller's expenses in 2022 as follows: advertising and promotion: $307; insurance: $17,779; laundry (card/lease) and cleaning: $15,436; management fees: $20,340; property taxes: $28,961; grounds, maintenance & repairs: $28,961; utilities and security, Internet included: $49,182; professional fees: $3,497, office: $543. Total before debt service for 2022 is $162,499. Assuming a 2% increase in operating expenses and projected income for 2023 of $244,561 with projected cap rate asking at 5.4%. Parking is assigned with overflow available. The age of the property is technically 0-5 years (occupied September 2018). Laundry is coin (actually card) operated. (id:25961)
Courtesy of ROYAL LEPAGE EDMONDS & ASSOCIATES
Listed on: June 14, 2023

On market: 335 days
Year Built 2016
Stories Total 4
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601-B PEMBROKE STREET E Pembroke

$900
601-B PEMBROKE STREET E
PEMBROKE
Secure building with easy access and parking. Hydro at the building. Mezzanine level. Great central storage location.
318 JULIEN STREET Pembroke

$259,900
2 Bedrooms |
318 JULIEN STREET
PEMBROKE
AFFORDABLE LIVING IS POSSIBLE WITH THIS GREAT 3 BEDROOM HOME ON A QUIET STREET IN THE CITY OF PEMBROKE. THIS 1.5 STOREY HOME HAS 2 BEDROOMS, A MAIN BATH, EAT IN KITCHEN AND LIVING ROOM ON THE MAIN FLOOR. THERE IS A BACK DOOR (WITH A DOGGIE DOOR) THAT LEADS OUT ONTO A LARGE DECK (12' 8" BY 19' 2") AND A FENCED IN BACK YARD THAT IS DOG PROOF. THERE ARE 3 SHEDS ON THE PROPERTY. THE 2ND FLOOR HAS A BEDROOM AND LARGE LOFT AREA WHICH COULD BE A PLAYROOM, FAMILY ROOM, STORAGE ROOM OR WHATEVER...
444 ISABELLA STREET Pembroke

$469,900
6 Bedrooms |2 Bathrooms
444 ISABELLA STREET
PEMBROKE
Welcome to 444 Isabella Street. This completely renovated, spacious home features six bedrooms - with the potential for a seventh! You will be amazed at how big this home is, with plenty of space for a home office, craft/hobby room, games room, you name it! Features include natural gas heat, many newer doors and windows, updated wiring and plumbing and an attached garage. All appliances and electric fireplaces are also included. Located within walking distance to downtown Pembroke's shops...
383 RUSSHAM ROAD Pembroke

$539,900
3 Bedrooms |2 Bathrooms
383 RUSSHAM ROAD
PEMBROKE
Escape to the country just minutes from Pembroke and Petawawa, this solid brick three bedroom bungalow has loads of character. The enclosed breezeway gives direct access from the garage to a charming main floor with spectacular living room, complete with beautiful raised ceiling and cozy gas fireplace. A modern kitchen and dining area, spacious primary bedroom, second bedroom and four piece bathroom complete the main floor. A third bedroom upstairs is a possibility as the master is...
744 BLACK CREEK ROAD Pembroke

$349,900
744 BLACK CREEK ROAD
PEMBROKE
Rural 41.25 Acre lot for sale. Approximately 30 min from Petawawa and approximately 25 min to Pembroke. Serene lot with many possibilities for the future. Book your showing today and start building your future dreams right here. Property is well marked. Please stay off the property unless accompanied by an agent.
00 SUFIAN STREET Pembroke

$156,000
00 SUFIAN STREET
PEMBROKE
Welcome to the perfect opportunity to build your dream home! Nestled within the sought-after paved and maintained Sufian Street subdivision, this nearly 2-acre lot offers the ideal canvas for your vision of home sweet home. Just a leisurely stroll away lies the Forest Lea Park, offering a serene escape amidst lush greenery and abundant outdoor activities, including a playground for the little ones. Conveniently positioned, this treed parcel is only a short drive from Rockwood Public School...
Address Price Bed Bath SqFt Area Sub Area Brokerage
601-B PEMBROKE STREET E Pembroke
601-B PEMBROKE STREET E
 $900 - - 0 ft X * ft (Irregular Lot) Pembroke Pembroke St East VALLEY PROPERTY SHOP LIMITED
318 JULIEN STREET Pembroke
318 JULIEN STREET
 $259,900 2 - 66 ft X 132 ft Pembroke JULIEN STREET RE/MAX PEMBROKE REALTY LTD.
444 ISABELLA STREET Pembroke
444 ISABELLA STREET
 $469,900 6 2 61.05 ft X 165 ft Pembroke Centre Town EXIT OTTAWA VALLEY REALTY
383 RUSSHAM ROAD Pembroke
383 RUSSHAM ROAD
 $539,900 3 2 0.35 ac Pembroke Russham Road RE/MAX PEMBROKE REALTY LTD.
744 BLACK CREEK ROAD Pembroke
744 BLACK CREEK ROAD
 $349,900 - - 41.25 ac Pembroke Black Creek Road RE/MAX PEMBROKE REALTY LTD.
00 SUFIAN STREET Pembroke
00 SUFIAN STREET
 $156,000 - - 1.72 ac Pembroke Sufian Subdivision SIGNATURE TEAM REALTY LTD.
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Howard Marling

BROKER

Direct: 613.978.8880

howardmarling@royallepage.ca

Royal LePage Team Realty

1723 Carling Ave,

Ottawa, Ontario, K2A 1C8

Office: 613-725-1171

Toll Free: 1-800-307-1545

TALK WITH HOWARD

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