583 River Road, Pembroke, ON

$1,049,000
MLS#:X12083301
6 beds
3 baths
2000-2500 sqft
8.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2 1/2 Storey"] triplex located in the coveted neighborhood of 530 - Pembroke. Expertly crafted featuring premium brick and aluminum siding construction, this residence presents an exceptional opportunity offered at $1,049,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 6 Bedrooms and 3 Bathrooms with 3 functional kitchens
  • Generous living space spanning 2000-2500 sqft on a premium 69 x 66.4 ft lot
  • Features a ["finished", "apartment"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 8.0 total parking spaces available
  • Notable attributes: ERV/HRV, Separate Heating Controls, Separate Hydro Meter
  • equipped with ["other"] central cooling and highly efficient heat pump heating via electric

Introducing 583 River Road, a rare and exceptional opportunity for homebuyers looking to generate additional income, or savvy investors. 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.

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Key Features

Bedrooms
6
Bathrooms
3
Kitchens
3
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 13, 2025
Sold price information is available to members only
Listed Date4/15/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeTriplex
ConstructionBrick, Aluminum Siding
Lot Size69 × 66.4 Feet
CountyRenfrew
Annual Tax$4,474
Legal DescriptionPT LT 279, PL 85 BEING PART 2 PLAN 49R18869; CITY OF PEMBROKE

Parking & Garage

Parking Spaces8.0
Garage Spaces8
Garage TypeNone

Heating & Cooling

Heat SourceElectric
Heat TypeHeat Pump
Cooling["Other"]

Features

Property Features

Community Features

Location

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583 River Road, Pembroke, ON
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Property History

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This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 583 River Road, Pembroke, ON K8A 1A3

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.
Financial Audit

Estimated Costs

Loan Amount$839,200
Monthly Mortgage$4,876
Property Tax (Est.)$373
Utilities & Maint.$350
Total Monthly Cost$5,599

Strategic Fiscal Clarity

Informed buyers do not make decisions based on list price alone. This analysis ensures your transition to a superior residence is supported by absolute fiscal certainty.

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No current listings found in Pembroke.