$599,900
188-192 RAGLAN STREET S
Beds
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Baths
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Sqft
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Year
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Type
Retail
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Renfrew. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
**Interior photos to come soon - email me to be notified** Want to open a Cafe or Men's clothing store OR be an investor? AN OWNER-OCCUPIER'S DELIGHT or INVESTORS CASH COW in the growing town of Renfrew. Only 45 min from Ottawa, this Exceptional mixed-use investment opportunity with immediate cash flow and significant value-add potential. All Roofs replaced 2024 plus updates equal $100,000 over last 2 years. Featuring one leased long-term tenant retail storefront ($2500+hydro), another vacant 1000 sqft storefront retail, PLUS a 2,500+ sq. ft. second-floor office space (currently vacant). Potential Income & Expenses: Gross Income: $84,000/year ($2,000/month for office x 2 retail units at $2500/month) Expenses: Approx. $17,804/year (projected to decrease) Potential NOI: $62,196/year. The upper-level approx 2,000 sq. ft. office presents major upside. Add value and resell, or hold for strong long-term cash flow. Priced at just over $100 per sq. ft., this is a rare opportunity to acquire a cash-flowing asset with substantial upside. AN ADDED BONUS: owner-occupiers can operate their business upstairs while off-setting costs with income from the leased retail units - potentially running at low to no overhead. Cash flow today. Increase value tomorrow. 24 hours' notice required for showings to see whole building. Book your viewing today. PUBLIC PARKING IN FRONT. (id:65958)
- Subtype
- Retail
- Community
- 540 - Renfrew
- Living area
- 5,000 square feet
- Lot dimensions
- 51.41 x 119.58 FT ; 1
- Parking
- 4 total
- On market
- Feb 26, 2026
- Status changed
- Apr 24, 2026
- Annual tax
- $9,780
- Zoning
- Commercial
- Photos
- 35
- MLS#
- X12824608
- Area
- RENFREW
Features and systems
Heating
Cooling
Cash on cash
-6.87%
Cap rate
3.49%
GRM
16.7
Break-even rent
$3,723
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.