202 MARGARET STREET — Pembroke, Ontario

Large Pembroke residential or institutional development opportunity in the centre of the City. This well maintained historical estate property is comprised of over 1.5 acres on the shore of the Muskrat River, and includes an over 4000 square foot house, and expansive and well treed lot. The fully modernized floorplan of the home includes generously sized spaces, currently with 6 bedrooms and 3 bathrooms, and the possibility of partitioning for the addition of more of each. Common areas are equally large, including a contemporary kitchen, multiple dining areas suitable as meeting or office work spaces, sun lit porch and sitting room areas offering yard and river views, as well as a dry functional basement. Outside, the land is fairly described as park like, with multiple mature coniferous and deciduous trees, including some of the oldest white pines in Pembroke. The oversized lawn and garden area would easily accommodate the construction of an ancillary building such as a garage, studio, or workshop, as well as the addition of multiple parking spaces. Recent site works on the east side of the lot include a gravel trail running to a lawn area next to the river, and stone running the entire shoreline of the property. The property's location on the Muskrat River is directly across from Pansy Patch Park (City of Pembroke), just below the last rapids before flowing into the Ottawa River, making this the only residential property in Pembroke offering water access by canoe, kayak, or utility boat from the Muskrat to the Ottawa. The river at this location is an established walleye spawning area recognized and protected by the province, providing excellent fishing from the shore for walleye and bass, as the season permits. Possible uses include single or multigenerational home, boarding or lodging house, institutional residence or treatment facility (subject to zoning), multifamily unit , as well as new construction of additional new residences subject to lot severance. (id:63357)