$ 489,900

526 Mackay Street, Pembroke

Excellent investment opportunity in a convenient Pembroke location! This well-maintained triplex features three separate, self-contained units, each with its own hydro meter, electrical panel and hot water tank, providing investors with excellent utility separation and simplified expense management. The property generates approximately $60,228 in annual rental income, with estimated annual expenses of only $18,734.72, resulting in an impressive approximate net annual income of $41,493.28. Additional income is generated through on-site laundry, coin operated. Tenants pay their own hydro, while the landlord is responsible for natural gas and common-area costs, helping to maintain a favourable operating expense structure. Current rents include $1,837/month for the main floor 2-bedroom unit, $1,600/month for the upper 2-bedroom unit, and $1,532/month for the lower level 1-bedroom+den unit. The seller has completed numerous updates throughout the property, making this an attractive opportunity for investors seeking established rental income with strong cash-flow potential. Conveniently located close to schools, shopping, downtown amenities and Algonquin College's Pembroke Campus, this property offers a desirable location for tenants and solid fundamentals for an income-producing portfolio addition. Minimum 24-hour irrevocable on all offers. Minimum 48-hour notice required for all showings. (id:1945)
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Property details for 526 Mackay Street, Pembroke

Type
Multi-family
Bedrooms
5
Bathrooms
3
Lot Size
65.9 x 107.8 FT
Stories
1.5
Basement
Apartment in basement, N/A
Parking
No Garage
Heating
Forced air, Natural gas
Cooling
None
Exterior
Brick, Stucco
Annual Taxes
$4,300

Nearby Listings Stat

Estimated price and comparable properties near 526 Mackay Street

Active Listings
3
Min Price
$419,900
Max Price
$489,900
Avg Price
$453,233
Days on Market
26
days
Sold Listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A
days

Neighbourhood Census Data

Pembroke, Ontario

Population
462
Median Age
37.8
Median Income
$34,176
Dwelling Value
$184,958

Housing Tenure

Owners 87%
Renters 16%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2.4
Pop. Density: 2,070.8/km²
Avg Shelter Cost: $1,171/mo
Owners with Mortgage: 69.7%
Owners Spending 30%+: 12.1%
Tenants Spending 30%+: 100%
English only: 85.9%
French only: 1.1%
English and French: 14.1%
Median Household Income: $63,872
Median Employment Income: $35,200

Price History

Listed
September 18, 2026
by ROYAL LEPAGE EDMONDS & ASSOCIATES
Current Price
$489,900
Type
Multi-family
For Sale
526 Mackay Street

Contact Agent Get in touch about 526 Mackay Street, Pembroke

Ryan Pattinson
Ryan Pattinson
ROYAL LEPAGE EDMONDS & ASSOCIATES