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Investment signal

$749,000

314/316 RAGLAN STREET S

Save this home

Beds

Baths

Sqft

6,297

Year

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

Prime Commercial investment opportunity in the heart of downtown Renfrew! Retail or office with residential unit(s) above or behind. This impressive property boasts one-story commercial building with retail or office and three residential unit(s). One unit on the main floor and two units above. The restaurant was a fully-operational commercial kitchen and bar with outdoor patio area approx. 1,200 sqft. Parking available: 4 spaces owned and many more shared parking as well as street parking available. Located in older downtown core. Two apartments already rented at approx. $3200/M. Owner lives in the 3rd apartment which can be rented easily at approx $ 2400/M. The building is a great opportunity as an investment with the potential for multiple tenants or for an owner who would occupy. If you are someone looking to set up their business like Retail, Pharmacy, Medical Clinic, restaurant, coffee shop for long term success with the opportunity to expand, this could be for you... Pictures show old restaurant/bar but it is empty now (Displayed to show potential similar business on site). (id:65958)

Subtype
Retail
Community
540 - Renfrew
Living area
6,297 square feet
Lot dimensions
Bldg=53.5 x 116 FT ; 0
Parking
3 total
On market
Apr 17, 2026
Status changed
Apr 24, 2026
Annual tax
$6,108.27
Zoning
C1
Photos
34
MLS#
X13013968
Area
RENFREW

Features and systems

Heating

Hot water radiator heatNatural gas

Cooling

Fully air conditioned
Negative cash flow ~$833/mo at these assumptions

Cash on cash

-6.67%

Cap rate

3.53%

GRM

16.6

Break-even rent

$4,627

Financing

Down payment$149,800
Loan amount$599,200
Mortgage$3,036/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$343
Insurance$80
Maintenance$624
CapEx reserve$312
Vacancy loss$188

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

Estimated $3,036/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

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.

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