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222 BELMONT AVENUE
Pembroke Ontario K8A2C5 Canada

$829,900

Active Listing ID X13074908
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10 bed
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6.00 Bath
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Multi-family

$829,900

Active Listing ID X13074908
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222 BELMONT AVENUE Excellent investment opportunity with this well maintained, fully brick purpose-built 6-plex in the desirable east end of Pembroke. This solid asset features a desirable unit mix of two 1-bedroom units on the main level and four spacious 2-bedroom units across the second and third floors, appealing to a wide range of tenants. All units offer bright, functional layouts and have been updated with modernized bathrooms, helping to attract and retain quality occupants. Each unit is separately metered for hydro, minimizing operating expenses and simplifying management. The building also includes a convenient coin-operated laundry setup, adding an additional income stream, along with ample on-site parking and private indoor storage areas for tenants-features that continue to support strong rental demand. Major capital improvements have been addressed, including a torch-on roof completed in 2019, providing peace of mind for years to come. Situated in a prime east end location close to amenities, schools, and transit, this property consistently appeals to long-term renters. Offering a strong 6.9% cap rate, this is a turnkey, income-generating property ideal for both seasoned investors looking to expand their portfolio and those seeking a reliable entry into multi-residential investing. (id:203)

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Property Features

  • Facts
  • Property Sub-type: Multi-family
  • Features
  • Cooling System: None
  • Exterior Finish: Brick
  • Heating Systems: Radiant heat, Natural gas
  • Additional Features
  • Basement
Listing Changed: 5/2/2026 10:30:44 PM GMT
Source Updated Date: 5/5/2026 12:53:06 AM GMT

Courtesy of: Jason Turcotte, Salesperson, ROYAL LEPAGE EDMONDS & ASSOCIATES