397 Morris Street, Pembroke

$399,900
397 Morris Street

$399,900

New
3d
Semi-Detached Bungalow

397 Morris Street, Pembroke

Total Monthly Obligation $2,384

Beds
3
Baths
2
Park
2
Sqft
700-1100
DOM
3d
Score
24
Yield
6.9%
Cash on Cash
2.5%
Cap Rate
5.1%
5Y IRR
17.6%
10Y IRR
16.3%
Property Type-Semi-Detached
MLS® Number-X14096460
Beds-3
Bathrooms-2
Size-700-1100 sqft
Lot Size-33 × 135.89 ft
Listed on site-Oct 20, 2026
Style-Bungalow
Building Type-Semi-Detached
Age-16-30
Taxes-$4,754.11 (2026)
Parking-3 - Attached
Basement-Partially Finished, Full
Heating-Forced Air (Gas)
Brokerage-RE/MAX PEMBROKE REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Vinyl Siding, Brick
Roof-Asphalt Shingle
Foundation-Block
Sewer-Sewer
Possession-Immediate
Neighbourhood-530 - Pembroke
Title-Residential Freehold

No agent assigned

Well cared for semi-detached bungalow in desirable east end Pembroke perfect for downsizers or for someone starting out! From the inviting front porch, step into the large open concept living/dining area with vaulted ceiling giving lots of room for family get togethers or just relaxing in the evenings. Just past the dining room is the kitchen with a door that leads to a lovely deck. The main floor features a 4 piece bath close to the large primary bedroom. A second bedroom with a good-sized closet is also on the main floor. The laundry area is close by the primary bedroom for convenience. The basement is partially finished with a large bedroom and a 3 piece bathroom. The extra large recreation room is awaiting your design to make it perfect! The single car garage with entry into house makes it convenient for rainy or snowy days. Tankless Hot Water system 2025 New Central Air in August 2025 and new furnace in October 2025.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$319,920
Land Transfer Taxes$4,474
Legal Fees (Est.)
$
Total cash required for closing$85,954

Total Monthly Obligation

$2,384/mo
Mortgage $1,613
Monthly Loss $1,960
Principal$424
Interest$1,189
Property Tax$396
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.9%26
Cash-on-Cash
-4.4%3
5-Year IRR
12.3%53
10-Year IRR
12.6%
Returns Index
27.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
24/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$27,600/yr
NOI
$15,586/yr
Net Cash Flow
-$314/mo
Cash Margin
-13.7%0
Cash Flow Index
0.3/ 100
Risk Profile
Weight: 20%
DSCR
0.8114
LTV Ratio
80.0%18
Vacancy Buffer
4.0 mo69
Risk Index
33.9/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 397 Morris Street

Time

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