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202 MARGARET STREET
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Beds
6
Baths
4 full + 1 half
Sqft
—
Year
—
Type
Single Family
On market
32d
Large Pembroke residential or institutional development opportunity in the centre of the City. This well maintained historical estate property is comprised of over 1.5 acres on the shore of the Muskrat River, and includes an over 4000 square foot house, and expansive and well treed lot. The fully modernized floorplan of the home includes generously sized spaces, currently with 6 bedrooms and 4 bathrooms, and the possibility of partitioning for the addition of more of each. Common areas are equally large, including a contemporary kitchen, multiple dining areas suitable as meeting or office work spaces, sun lit porch and sitting room areas offering yard and river views, as well as a dry functional basement. Outside, the land is fairly described as park like, with multiple mature coniferous and deciduous trees, including some of the oldest white pines in Pembroke. The oversized lawn and garden area would easily accommodate the construction of an ancillary building such as a garage, studio, or workshop, as well as the addition of multiple parking spaces. Recent site works on the east side of the lot include a gravel trail running to a lawn area next to the river, and stone running the entire shoreline of the property. The property's location on the Muskrat River is directly across from Pansy Patch Park (City of Pembroke), just below the last rapids before flowing into the Ottawa River, making this the only residential property in Pembroke offering water access by canoe, kayak, or utility boat from the Muskrat to the Ottawa. The river at this location is an established walleye spawning area recognized and protected by the province, providing excellent fishing from the shore for walleye and bass, as the season permits. Possible uses include single or multigenerational home, boarding or lodging house, institutional residence or treatment facility (subject to zoning), multifamily unit , as well as new construction of additional new residences subject to lot severance. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Recreational, Games room | 3.66 × 6.1 meters | |
| Laundry room | 3.66 × 5.49 meters | |
| Furnace | 5.18 × 4.14 meters | |
| Office | 4.88 × 3.66 meters |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 4.72 × 6.58 meters | |
| Foyer | 2.74 × 10.97 meters | |
| Kitchen | 3.71 × 6.27 meters | |
| Bathroom | 1.83 × 1.52 meters | |
| Dining room | 3.96 × 4.57 meters | |
| Family room | 3.3 × 5.08 meters | |
| Family room | 5 × 4.04 meters |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Other | 8.03 × 2.92 meters | |
| Bathroom | 4.57 × 1.68 meters | |
| Bedroom | 5.49 × 3.66 meters | |
| Bedroom | 6.71 × 3.05 meters | |
| Bathroom | 2.64 × 5.84 meters | |
| Primary Bedroom | 6.4 × 3.81 meters |
Third level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 3.66 × 5.13 meters | |
| Bedroom | 2.97 × 4.24 meters | |
| Bedroom | 3.51 × 4.14 meters | |
| Bathroom | 3.61 × 4.32 meters |
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Comparable sales
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Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
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Suite legality / potential
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Monthly carrying cost
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Property taxes
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Insurance estimate
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Commute
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Deposit and financing conditions
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Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
-6.52%
Cap rate
3.56%
GRM
16.6
Break-even rent
$6,143
Financing
Operating expenses (monthly)
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Approximation 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.
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Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider before writing an offer.
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Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated May 12, 2026.
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.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.