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Investment signal

$339,500

126 Pembroke Road

Save this home

Beds

6

Baths

3

Sqft

Year

1928

Type

Single Family

Suite

Suite potential

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Grand Étang. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Set on a 1-acre lot in a country setting, 126 Pembroke Road in Grand-Etang offers the perfect blend of comfortable living and smart investment potential. This versatile property features a 4-bedroom, 2-bath main home, along with a fully self-contained 2-bedroom, 1-bath apartment at the rear, ideal for generating income or accommodating extended family. Whether youre looking to offset your mortgage with long or short term rental income, create a private space for parents or in-laws, or give older children a place of their own, this property delivers flexibility. With separate electrical meters for each unit, tenants can conveniently cover their own utilities. The current owner has completed numerous upgrades throughout the home, including but not limited to, an extended enclosed porch area now set up with a relaxing hot tub, four heat pumps for efficient year-round comfort, an upgraded electrical panel in the main house, new hot water and pressure tanks, spray foam insulation in exterior walls and beneath the front bedroom floor, as well as updated gutters, two exterior doors, and a welcoming front deck. Enjoy distant ocean views from the front deck, adding a peaceful coastal touch to your everyday living. Located just a short drive to Cheticamp for all essential amenities, with the added convenience of a grocery store just down the road, this property offers both accessibility and tranquility. For outdoor enthusiasts, this location is a dreamATV and snowmobile groomed trails are easily accessible nearby along Pembroke Road, allowing you to head straight from your property and explore miles of scenic terrain across Cape Breton. A unique opportunity to own a move-in-ready home with income potential in a beautiful rural setting, 126 Pembroke Road is ready to meet your lifestyle needs. (id:65958)

Subtype
Single Family
Structure
House
Community
Grand Étang
Common interest
Freehold
Living area
1,940 square feet
Lot size
1 acres
Lot dimensions
1
Bedrooms
6 above grade, 0 below grade
Stories
1.5
On market
Apr 11, 2026
Status changed
Apr 20, 2026
Photos
48
MLS#
202607094
Area
GRAND_ÉTANG

Features and systems

Parking

Parking Space(s)Gravel

Basement

UnfinishedFull

Appliances

WasherRefrigeratorDishwasherStoveDryer

Cooling

Heat Pump

Exterior

Wood shinglesVinyl

Flooring

TileHardwoodLaminateVinyl

Foundation

StonePoured Concrete

Lot

Sump Pump

Community

School Bus

View

Ocean view
Positive cash flow ~$1,099/mo at these assumptions

Cash on cash

19.42%

Cap rate

8.75%

GRM

8.6

Break-even rent

$2,143

Financing

Down payment$67,900
Loan amount$271,600
Mortgage$1,376/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$156
Insurance$80
Maintenance$283
CapEx reserve$141
Vacancy loss$165

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $1,376/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 20, 2026.

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