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125 - 145 - 165 - 185 Catherine Street Pembroke, Ontario K8A 1V3

None Radiator

$7,450,000

The Catherine Street portfolio consists of 44 units (with 39 - 2 bedroom units) over 4 contiguous buildings, located in a quiet residential neighborhood in Pembroke, close to shopping, restaurants, schools, and downtown Pembroke, with convenient access to transit routes, grocery stores, Pembroke Mall, Algonquin College, and the Pembroke Regional Hospital. Proximity to the Trans-Canada Highway ensures quick access to surrounding communities and regional employers, making these properties highly attractive to a wide renter base. The buildings have benefited from a comprehensive program of capital improvements, ensuring the properties are exceptionally well positioned for long-term performance. Extensive upgrades to mechanical systems, windows, roofing, and balconies, along with in-suite renovations and new appliances, the portfolio offers both stability and clear upside potential through the continued renovation of remaining suites, with substantial potential rental increases as units turnover. Financials are available with an NDA. (id:37072)

Business

BusinessType Residential
BusinessSubType Apartments

Property Details

MLS® Number X13442484
Property Type Multi-family
Community Name 530 - Pembroke

Building

CoolingType None
HeatingType Radiator
Type Multi-family
UtilityWater Municipal Water

Land

Acreage No
SizeDepth 132 Ft
SizeFrontage 364 Ft
SizeIrregular 364 X 132 Ft ; Lot Dimensions Are For 3 Parcels Total
SizeTotalText 364 X 132 Ft ; Lot Dimensions Are For 3 Parcels Total
ZoningDescription Residential

https://www.realtor.ca/real-estate/29901397/125-145-165-185-catherine-street-pembroke-530-pembroke

Interested?

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Alex Diaz
Broker of Record


Synercapital Investment Realty
1376 Bank Street, Suite 500
Ottawa, Ontario K1H 7Y3

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