207 Nelson Street, Pembroke, ON
Property Highlights
Welcome to this remarkable commercial retail 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 $799,000 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 198.66 x 162.78 ft lot size
- Convenient other garage included
- equipped with partial central cooling and highly efficient gas forced air open heating
Description
Freestanding Restaurant/Commercial Property in High Traffic Area. Recently updated, this property offers the opportunity to step into a nearly Turn-key Restaurant. Unique features include parking for 50+ vehicles, rear frontage on the Algonquin Trail, Ottawa River views and rear loading dock. The Bar Area was previously a Retail Space and can be separated from the Restaurant. Capacity of 532 + Engineering in place for deck to be added at rear overlooking the river. 3 Phase Power. Several Restrooms. Large Kitchen with walk-in cooler. Algonquin Trail is a multi-use trail (Snowmobile/ATV/Cycling/Walking) spanning Renfrew County and brings customers directly to this location from all over. This is one of very few restaurant properties accessible by the trail in the area. Steps from Downtown Pembroke, Pembroke Marina, Algonquin College and more. Opportunity for Owner or Staff accommodation on site.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 207 Nelson Street, Pembroke, ON K8A 3N1
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Pembroke, ON
For a property listed at $799,000 in Pembroke, the legal minimum down payment is $54,900 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 $12,455 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 $12,455.
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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.