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Investment signal

$324,900

441 MACKAY STREET

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Beds

Baths

Sqft

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Year

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Type

Single Family

Suite

Investment signal

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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

Charming and move-in ready, this 2-bedroom, 1-bath bungalow is located in the heart of Pembroke and offers endless potential. The main floor has been fully updated with modern luxury vinyl plank flooring, new light fixtures in the eat-in kitchen and fresh paint throughout, creating a bright and inviting space. The full basement has high ceiling height and provides ample room for storage or future development. With R2 zoning, there's potential to add an in-law suite or a legal second unit for extra income. Close to all amenities, this home is perfect for first-time buyers, those looking to downsize, or investors seeking an opportunity to expand into a multi-family property. This versatile home combines comfort, location, and possibility all in one package. Please allow 24 hours irrevocable on all offers. (id:65958)

Subtype: Single Family
Architectural style: Bungalow
Structure: House
Community: 530 - Pembroke
Common interest: Freehold
Lot dimensions: 31.4 x 86 FT
Bedrooms: 2 above grade
Parking: 2 total
Stories: 1
On market: Apr 21, 2026
Status changed: Apr 24, 2026
Annual tax: $3,467
Zoning: R2 Residential
Photos: 49
MLS#: X13023934
Area: PEMBROKE

Features and systems

Parking

No Garage

Basement

UnfinishedN/A

Appliances

RefrigeratorStove

Heating

Forced airNot knownNatural gas

Cooling

None

Exterior

Vinyl siding

Foundation

Block

Lot

Carpet FreeSump Pump

Negative cash flow ~$147/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-2.71%

Cap rate

4.32%

GRM

14.3

Break-even rent

$2,055

Financing

Down payment$64,980

Loan amount$259,920

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$95

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 24, 2026.