Size
-
Lot size
1.14 Acre
Street frontage
-
Possession
Flexible
Price per sqft
$13 - $170
Taxes
$8,000 (2025)
Parking Type
-
Style
2-Storey
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Description
A truly rare investment opportunity in the heart of Laurentian Valley! Originally Forest Lea Public School, this iconic landmark has been expertly transformed into six stunning, bright, and exceptionally spacious residential apartments, blending historic character with modern living. Perfectly positioned on just over an acre between Pembroke and Petawawa, this rock-solid building offers a prime location with strong, consistent rental demand. This is the kind of investment that rarely comes available. The property is fully occupied by six outstanding long-term tenants with an excellent payment history, providing dependable, hassle-free cash flow from day one. Currently generating over $100,000 in annual rental income, this is a proven, high-performing asset with stability, strong financials, and long-term upside. Whether you're looking to expand your portfolio or secure a standout income-producing property, this is an exceptional opportunity you won't want to miss.
Broker: ROYAL LEPAGE EDMONDS & ASSOCIATES
MLS®#: X13569498
Property details
Parking:
10
Parking type:
-
Property type:
Multiplex
Heating type:
Baseboard
Style:
2-Storey
MLS Size:
5000-65535 sqft
Lot front:
161 Ft
Lot depth:
308 Ft
Listed on:
Jul 16, 2026
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Instant estimate:
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$51,307
higher than listed pricei
High
$959,106
Mid
$901,207
Low
$876,691
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