192 Ellis Avenue, Pembroke, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of 530 - Pembroke. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $389,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 4 Bedrooms and 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 50 x 109 ft lot
- Features a other basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient attached configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Location, Location, Location! Private Corner-Lot Gem with Income Potential! Welcome to this charming, beautifully updated residential property nestled on a quiet corner of two peaceful streets. Offering the ultimate blend of privacy, convenience, and versatility, this home is an incredible find for first-time buyers, families, and smart investors alike. Unbeatable Location Benefits: Commuter's Dream: Just a quick 4-minute drive to Highway 17.Walkable Convenience: Only a 5-minute stroll to the Pembroke Regional Hospital. Peaceful Setting: Situated on a quiet, low-traffic corner lot. Interior & Exterior Features: Open Concept: A fantastic, flowing floor plan designed for modern living. Three Bedrooms: Perfect for a growing family or dedicated home office spaces. Turn-Key Updates: Equipped with a high-efficiency gas furnace and central air conditioning for year-round comfort. Big-Ticket Maintenance Done: Enjoy peace of mind with a newer roof and a freshly repaved driveway. Bonus Storage: A handy storage shed sits in the backyard for all your tools and outdoor gear. Exceptional Investment Potential: With its stellar layout and prime location near the hospital, this property offers amazing flexibility. Live in itas a single-family home, use it as a high-demand single rental, or explore its massive potential to convert into a lucrative 2-unit income property. Opportunities in this neighborhood do not last long. *For Additional Property Details Click The Brochure Icon Below*
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Pricing & Value Insights
Data-driven valuation for 192 Ellis Avenue, Pembroke, ON K8A 2J1
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About Purchasing a Home in Pembroke, ON
For a property listed at $389,900 in Pembroke, the legal minimum down payment is $19,495 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $4,324 for this transaction. As this listing is in Pembroke (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $4,324.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.