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: 318 days
Year Built 2016
Stories Total 4
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224 ESTHER STREET Pembroke

$449,900
4 Bedrooms |3 Bathrooms
224 ESTHER STREET
PEMBROKE
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1352 PEMBROKE STREET Pembroke

$16
1352 PEMBROKE STREET
PEMBROKE
Fantastic Retail/office space on busy Pembroke Street. High visibility location with ample parking. Modern Building with many updates.
311 SUPPLE STREET Pembroke

$609,900
5 Bedrooms |4 Bathrooms
311 SUPPLE STREET
PEMBROKE
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1116 BRONX STREET Pembroke

$89,900
1116 BRONX STREET
PEMBROKE
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125 POPLAR RIDGE ROAD Pembroke

$599,900
5 Bedrooms |4 Bathrooms
125 POPLAR RIDGE ROAD
PEMBROKE
This classic, two storey, all brick executive home is located in a prestigious, sought after neighbourhood. With five bedrooms, it's the perfect spot to raise an active family with schools and the hospital within a short walking distance. It features a large, recently renovated, eat-in kitchen along with a formal dining room and spacious living room on the main floor. Upstairs you will find four spacious bedrooms with ample closets and a large modern bathroom. The master bedroom features a...
88B PEMBROKE STREET W Pembroke

$50,000
88B PEMBROKE STREET W
PEMBROKE
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Address Price Bed Bath SqFt Area Sub Area Brokerage
224 ESTHER STREET Pembroke
224 ESTHER STREET
 $449,900 4 3 64.02 ft X 132 ft Pembroke East End ROYAL LEPAGE EDMONDS & ASSOCIATES
1352 PEMBROKE STREET Pembroke
1352 PEMBROKE STREET
 $16 - - 51.87 ft X * ft (Irregular Lot) Pembroke Pembroke St W VALLEY PROPERTY SHOP LIMITED
311 SUPPLE STREET Pembroke
311 SUPPLE STREET
 $609,900 5 4 198 ft X 132.58 ft Pembroke Pembroke ROYAL LEPAGE EDMONDS & ASSOCIATES
1116 BRONX STREET Pembroke
1116 BRONX STREET
 $89,900 - - 0.2 ac Pembroke West end mall RE/MAX PEMBROKE REALTY LTD.
125 POPLAR RIDGE ROAD Pembroke
125 POPLAR RIDGE ROAD
 $599,900 5 4 0.22 ac Pembroke Poplar Ridge and Cedar Brae RE/MAX PEMBROKE REALTY LTD.
88B PEMBROKE STREET W Pembroke
88B PEMBROKE STREET W
 $50,000 - - * ft X 0 ft Pembroke Downtown Pembroke EXIT OTTAWA VALLEY REALTY
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Steve Boxma

BROKER

Direct: 613-692-3567

steveboxma@royallepage.ca

Royal LePage Team Realty Brokerage

1096 Bridge Street | Manotick

Office Phone: 613-692-3567

Toll Free: 1-800-490-8130

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