Welcome to this remarkable investment located in the coveted neighborhood of 530 - Pembroke. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $999,999 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.
Here is the investment opportunity you have been waiting for! The Old Rowan Stone House is for sale. It is now an apartment building in the heart of Pembroke, sitting conveniently on the edge of downtown, and close to Pembroke's waterfront. This six unit building offers, 4 - two bedroom apartments, one bachelor apartment, and 1 - four bedroom apartment on the lower level. All of the units are unique and some offer 9 foot ceilings, original woodwork, or a scenic view of the Ottawa River from their private deck. This unique investment property has only had a few owners during its time, showing investment stability, and pride of ownership. The building is currently being taken care of by a superintendent who would be happy to stay on the job, if wanted!
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No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 156 Mackay Street, Pembroke, ON K8A 1B9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Pembroke.
About Purchasing a Home in Pembroke, ON
For a property listed at $999,999 in Pembroke, the legal minimum down payment is $75,000 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 $16,475 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 $16,475.
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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.