229 CECELIA STREET, Pembroke

$409,900

For sale: Multiplex

Multiplex at 229 CECELIA STREET, Pembroke
Property type
Duplex
Bedrooms / bathrooms
4 bedrooms, 2 bathrooms
Living area
2,500 sqft
MLS®
MLS® X13680000
Neighbourhood
530 - Pembroke

Investment opportunity in the heart of Pembroke's East End! This up-and-down duplex offers approximately ~2,387 sq. ft. above grade, with an approximate ~1,200 sq. ft main-floor unit and an approximate ~1,187 sq. ft. upper unit. Each spacious unit features two bedrooms, hardwood floors and its own fireplace. Both currently rent for $1,600 per month, generating $38,400 in gross annual rental income. Tenants pay their own separately metered hydro. Updates completed in 2024 include a roof, vinyl windows on the lower half of the home, bedroom flooring. Set on a small, very low-maintenance lot with two rear parking spaces. Basement storage provides potential space for future coin-operated laundry, offering an opportunity to generate additional income! A luxury six-unit residential building is being constructed next door, adding to the area's ongoing investment and development. Walk to Algonquin College, Metro, Circle K, restaurants and McDonald's, with schools, parks, Pembroke Regional Hospital and a police station nearby! A solid addition to any investment portfolio!

Sold data

Homes in Pembroke — recent sold market

Homes in Pembroke took a median of 33 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 53 days.

The median sale price was $399,900.

Homes sold for about 3.5% below asking on average, so there was room to negotiate.

About 5% of sales closed above the list price.

Around 32% of sellers reduced their price before finding a buyer.

Median days to sell
33
Median sale price
$399,900
Sale-to-list ratio
96.5%
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 229 CECELIA STREET