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