Introducing 583 River Road, a rare and exceptional opportunity for savvy investors or homebuyers looking to generate additional income. 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.
MLS# | X12083306 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | New |
Days On Site | 2 |
Listing Provided By | EXP REALTY | X12083306 488706 |
SQ Feet | 3,200 |
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Acreage | 0.07 |
Province | ON |
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County | Renfrew |
City | Pembroke |
Postal Code | K8A |
Area | 530 Pembroke |
Listing VS Median (In K8A) | |
Price: $1,049,000 low | high Med: $524,521 SqFt: 3,200 low | high Med: 3,240 $ / SqFt: $328 low | high Med: $164 On site: 2 low | high Med: 2.500000 |