Unknown for 583 River Rd, Pembroke Ontario K8A 1A3
21 days on Market

583 River Rd, Pembroke, Ontario K8A 1A3

Townhouse
6
3
~2000-2500 sqft
$1,049,000
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Townhouse
6
3
~2000-2500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$472/sqft

Est. Mortgage$4,505/mo

Tax Amount (2024)$4,474/yr

Days On Market21 days


Description

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.


Property Details

Style2 1/2 Storey
ViewRiver
Age of propertyNew
SqFt~2000-2500 SqFt
Lot Size4,581 SqFt(66.4 x 69)
Parking Spaces8
MLS ®NumberX12083301
Community NameLaurentian Valley
Data SourceTRREB
Listing byEXP REALTY

Features

Heating: Heat Pump
Cooling: Other
Basement: Finished, Apartment

Features

Lot size: 4,581 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 8


Property History

Apr 15, 2025
Listed for
$1,049,000
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Listed
$•••,•••
21 days on market
history photo preview35
Listing by trreb®
Property listed by EXP REALTY, Brokerage
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Market Data - Laurentian Valley

Geo Zone Map ThumbnailLaurentian Valley

Buyer's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

9 days

Compared to

2024

0 day

2023

110 days

2022

20 days

New Listings

Past 30 days

5 listings

Compared to

2024

2 listings

2023

0 listing

2022

2 listings

Units sold

Past 30 days

2 units

Compared to

2024

0 unit

2023

3 units

2022

3 units

Median Sold Price

Past 30 days

$351,000

Compared to

2023

$310,000

2022

$328,600


Population and Demographics

Overview

Total population 23562
Average household income $107,854

Age (%)

65 and plus
24%
50 to 64
22%
0 to 19
20%
20 to 34
18%
35 to 49
16%

Household composition (%)

Single family
62%
Single person
33%
Multi person
4%
Multi family
0%

Mother tongue (%)

English
91%
French
6%
English and French
2%
Others
2%

House tenancy (%)

Owners
68%
Renters
32%

Schools and amenities

Estimated Budget