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.
Address
583 River Road
List Price
$1,049,000
Property Type
Residential Freehold
Type of Dwelling
Triplex
Style of Home
2 1/2 Storey
Area
Pembroke
Sub-Area
530 - Pembroke
County
Renfrew
Bedrooms
6
Bathrooms
3
Floor Area
2000 - 2500 Sq. Ft.
Lot Size Source
MPAC
Lot Depth
66.4
Lot Size Units
Feet
Lot Width
69
Approx. Age
New
MLS® Number
X12083301
Listing Brokerage
EXP REALTY
Basement Area
Finished, Apartment
Postal Code
K8A 1A3
Parking
Private
Parking Places (Total)
8
Tax Amount
$4,474.00
Tax Year
2024
Exterior Features
Landscaped, Deck
Interior Features
ERV/HRV, Separate Heating Controls, Separate Hydro Meter
Heat Source
Electric
Heat Type
Heat Pump
Cooling Features
Other
Construction Materials
Brick, Aluminum Siding
Direction Faces
East
Foundation Details
Insulated Concrete Form
Garage Type
None
Kitchens Total
3
Pool Features
None
Roof
Asphalt Shingle
View Type
River
Waterfront
None
Sewer
Sewer
