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. (id:25961)
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Rooms
| Level | Type | Dimensions |
|---|
Details
- Parking Spaces: 10
- Structure: Barn
- Transaction: For sale
Building
- Appliances: Dryer
- BasementType: Full (Finished)
- Basement Development: Finished
- Bedrooms Main Level: 11
- Cooling: None
- Exterior Finish: Brick
- Fireplace Present: False
- Fire Protection: Smoke Detectors
- Foundation: Block, Concrete
- Bathrooms (Total): 6
- Heating: Baseboard heaters
- Heating Fuel: Electric
- Size Interior: 5000 - 100000 sqft
- Stories Total: 2
- Type: Other
- Utility Water: Drilled Well
Land
- Sewer: Septic System
- Size Frontage: 161 ft ,4 in
- Size Irregular: 161.4 x 308.9 FT
Listing provided by ROYAL LEPAGE EDMONDS & ASSOCIATES
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 3399 B LINE ROAD in Pembroke Ontario. It was last modified on July 15th, 2026. Contact Biju George to schedule a viewing or to discover other Pembroke homes for sale.