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Investment signal

$379,900

539 MCGEE STREET

Beds

5

Baths

2

Sqft

Year

About this home

Exceptional investment opportunity with strong income potential! This versatile duplex offers two nice sized units, ideal for generating rental income while building equity.The main unit features a bright, functional layout with a functional kitchen, two bedrooms, living room, and full bath, plus additional basement space including a den and family room or potential third bedroom-adding valuable rental flexibility.The upper unit offers two bedrooms, kitchen, living room, and bath, along with access to a third level that can serve as a third bedroom, den, or additional living space-maximizing rental value.Situated on a desirable corner lot with a garage, patio and fish pond - this property is a smart addition to any investment portfolio! Furnace 2025. HWT 2025. Two Hydro metres. (id:65958)

Subtype
Single Family
MLS#
X13016904
Area
PEMBROKE
Positive cash flow ~$541/mo at these assumptions

Cash on cash

8.55%

Cap rate

7.60%

GRM

9.6

Break-even rent

$2,730

Financing

Down payment$75,980
Loan amount$303,920
Mortgage$1,865/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$174
Insurance$80
Maintenance$317
CapEx reserve$158
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: 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 $1,865/mo at 5.49% with 20% down, 25-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 19, 2026.

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