$829,900
8.91 BTC
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222 Belmont Avenue, Pembroke
$829,900
PRICE
8 + 2
BEDROOMS
6
BATHROOMS
X13074908
MLSID

222 Belmont Avenue, Pembroke

Excellent investment opportunity with this well maintained, fully brick purpose-built 6-plex in the desirable east end of Pembroke. This solid asset features a desirable unit mix of two 1-bedroom units on the main level and four spacious 2-bedroom units across the second and third floors, appealing to a wide range of tenants. All units offer bright, functional layouts and have been updated with modernized bathrooms, helping to attract and retain quality occupants. Each unit is separately metered for hydro, minimizing operating expenses and simplifying management. The building also includes a convenient coin-operated laundry setup, adding an additional income stream, along with ample on-site parking and private indoor storage areas for tenants-features that continue to support strong rental demand. Major capital improvements have been addressed, including a torch-on roof completed in 2019, providing peace of mind for years to come. Situated in a prime east end location close to amenities, schools, and transit, this property consistently appeals to long-term renters. Offering a strong 6.9% cap rate, this is a turnkey, income-generating property ideal for both seasoned investors looking to expand their portfolio and those seeking a reliable entry into multi-residential investing.
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Summary

Address
222 Belmont Avenue
MLSID
X13074908
Property Type
Multiplex
Property Category
Bedrooms
8 + 2
Bathrooms
6
Kitchens
4 + 2
Taxes (Annual)
$8,480.22
Tax Year
2025
Published
May 2, 2026
Days on Market
23 Days
Possession Type
Flexible
Possession Details
Flexible
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Inclusions

6 Fridges, 6 Stoves, Coin Operated Washer & Dryer, Shed

Details

Bathroom 1
4-Piece Upper Level
Bathroom 2
4-Piece Lower Level
Basement
Half
Interior Features
Water Heater Owned
Parking Spaces
12
Parking Total
12
Parking Features
Private
Architectural Style
2 1/2 Storey
Roof
Asphalt Rolled
Construction Materials
Brick
Lot Width
90 Feet
Lot Depth
125 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Radiant
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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