125 - 145 - 165 - 185 CATHERINE STREET, Pembroke

$7,450,000

For sale: Multiplex

Multiplex at 125 - 145 - 165 - 185 CATHERINE STREET, Pembroke
Property type
Investment
MLS®
MLS® X13442484
Neighbourhood
530 - Pembroke

The Catherine Street portfolio consists of 44 units (with 39 - 2 bedroom units) over 4 contiguous buildings, located in a quiet residential neighborhood in Pembroke, close to shopping, restaurants, schools, and downtown Pembroke, with convenient access to transit routes, grocery stores, Pembroke Mall, Algonquin College, and the Pembroke Regional Hospital. Proximity to the Trans-Canada Highway ensures quick access to surrounding communities and regional employers, making these properties highly attractive to a wide renter base. The buildings have benefited from a comprehensive program of capital improvements, ensuring the properties are exceptionally well positioned for long-term performance. Extensive upgrades to mechanical systems, windows, roofing, and balconies, along with in-suite renovations and new appliances, the portfolio offers both stability and clear upside potential through the continued renovation of remaining suites, with substantial potential rental increases as units turnover. Financials are available with an NDA.

Sold data

Homes in Pembroke — recent sold market

Homes in Pembroke took a median of 36 days to sell over the last 90 days, with the quickest quarter selling within 18 days and the slowest quarter taking more than 52, across 63 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 47 days.

The median sale price was $379,000.

Homes sold for about 3.0% below asking on average, so there was room to negotiate.

About 5% of sales closed above the list price.

Around 37% of sellers reduced their price before finding a buyer.

Median days to sell
36
Median sale price
$379,000
Sale-to-list ratio
97.0%
Sold above asking
5%

Based on 63 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Pembroke

Pembroke has 11 Fraser Institute–rated schools (8 elementary and 3 secondary), averaging 5.4/10.

Rated schools
11
Elementary
8
Secondary
3
Average rating
5.4 / 10

Top-rated schools in Pembroke

  • Jeanne-Lajoie — secondaryFraser rating 8.2/10
  • Our Lady of Lourdes — elementaryFraser rating 8.1/10
  • Bishop Smith — secondaryFraser rating 7.3/10
  • Cathedral — elementaryFraser rating 6.8/10
  • Pine View — elementaryFraser rating 5.3/10
  • Rockwood — elementaryFraser rating 4.9/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 125 - 145 - 165 - 185 CATHERINE STREET