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Investment signal

$1,249,900

201 PEMBROKE STREET W

Save this home

Beds

Baths

Sqft

4,500

Year

Type

Retail

Suite

Investment signal

Location nearby

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

About this home

This fully renovated, mixed-use building offers a unique investment opportunity in the heart of Downtown Pembroke. With a prime location and exceptional upgrades, this property includes 1,600 sq ft of commercial space on the main level and four luxury residential apartments across two floors. The main level is home to a well-established bakery, providing consistent foot traffic. It also features a spacious, modern studio apartment with 12-foot ceilings, offering a comfortable living space with charm and character. The second level features three high-end, fully renovated residential units: one 1-bedroom apartment and two 2-bedroom apartments. Each unit showcases luxurious finishes, open-concept layouts, and in-unit laundry for added convenience and parking. The apartments are designed with modern fixtures and high-end materials, ensuring premium tenant appeal and long-term rental potential. There is also a full, dry basement for extra storage. With its mix of commercial and residential space, this property offers diverse income streams, a prime location, and significant potential for future appreciation. Whether you're looking to expand your portfolio or seeking a hands-off investment with reliable tenants, this is an opportunity not to be missed. Contact me today for more details or to schedule a viewing! 48 Hours Irrevocable on all written offers. (id:65958)

Subtype
Retail
Structure
Residential Commercial Mix
Community
530 - Pembroke
Living area
4,500 square feet
Lot dimensions
Bldg=36.5 x 100 FT
On market
Jan 7, 2026
Status changed
Apr 24, 2026
Annual tax
$7,310
Zoning
C-3
Photos
43
MLS#
X12672970
Area
PEMBROKE

Features and systems

Appliances

WasherDryer

Heating

Forced airNo heatNatural gas

Cooling

None
Negative cash flow ~$1,344/mo at these assumptions

Cash on cash

-6.45%

Cap rate

3.57%

GRM

16.7

Break-even rent

$7,665

Financing

Down payment$249,980
Loan amount$999,920
Mortgage$5,066/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$573
Insurance$80
Maintenance$1,042
CapEx reserve$521
Vacancy loss$313

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 $5,066/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 24, 2026.

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