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Investment signal

$325,000

403 MACKAY STREET

Save this home

Beds

4

Baths

2

Sqft

Year

Type

Multi-family

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

Two-storey duplex in Pembroke's prime location. Upstairs unit features 2 bedrooms renting for $1055/month, while the main level unit offers 2 bedrooms renting for $1010/month. Tenants cover natural gas and hydro expenses. Separate entrances, two driveways, detached garage, and separate hydro and gas meters enhance convenience and privacy. Property boasts newer deck/stairs from upper unit to ground and two updated gas furnaces. The main floor unit enjoys air conditioning. Fully occupied with reliable tenants. Ideal investment opportunity in a sought-after neighborhood. (id:65958)

Subtype
Multi-family
Structure
Duplex
Community
530 - Pembroke
Lot dimensions
87.2 x 62.7 FT
Bedrooms
4 above grade
Parking
5 total
Stories
2
On market
Feb 22, 2026
Status changed
Apr 21, 2026
Annual tax
$3,957.66
Photos
14
MLS#
X12810146
Area
PEMBROKE

Features and systems

Parking

Detached GarageGarage

Basement

UnfinishedFullSeparate entranceN/AN/A

Appliances

WasherDryerTwo stovesWater HeaterTwo Refrigerators

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

Stucco

Flooring

HardwoodLaminate

Foundation

Unknown

Lot

Carpet Free
Positive cash flow ~$802/mo at these assumptions

Cash on cash

14.81%

Cap rate

7.83%

GRM

9.3

Break-even rent

$2,055

Financing

Down payment$65,000
Loan amount$260,000
Mortgage$1,317/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$149
Insurance$80
Maintenance$271
CapEx reserve$135
Vacancy loss$145

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 $1,317/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 21, 2026.

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