1 / 26
Investment signal

$379,900

539 MCGEE STREET

Save this home

Beds

5

Baths

2

Sqft

Year

Type

Single Family

Suite

Suite potential

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

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
Structure
House
Community
530 - Pembroke
Common interest
Freehold
Lot dimensions
61.7 x 87.5 FT
Bedrooms
5 above grade
Parking
5 total
Stories
3
On market
Apr 19, 2026
Status changed
Apr 19, 2026
Annual tax
$4,021 (2026)
Zoning
R-2
Photos
26
MLS#
X13016904
Area
PEMBROKE

Features and systems

Parking

Attached GarageGarage

Basement

Partially finishedFull

Appliances

WasherRefrigeratorStoveDryer

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

Asbestos

View

City view
Positive cash flow ~$866/mo at these assumptions

Cash on cash

13.68%

Cap rate

7.60%

GRM

9.6

Break-even rent

$2,388

Financing

Down payment$75,980
Loan amount$303,920
Mortgage$1,540/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: 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 $1,540/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 19, 2026.

We use a single cookie to remember if you’ve dismissed this notice and a no-PII analytics ping. By using this site you consent. Privacy.