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Investment signal

$749,000

47 - 51 RAGLAN STREET N

Save this home

Beds

8

Baths

6

Sqft

Year

Type

Multi-family

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

6 UNIT Building for sale. Great opportunity for investors....this 6 unit building is in a great location within walking distance of downtown Renfrew. 2 two bedroom units + 4 one bedroom units. No vacancy. Coin operated laundry in the basement. Gross yearly income of $63,840. Income break down and expenses are available. 24 hours notice for showings. (id:65958)

Subtype
Multi-family
Structure
Other
Community
540 - Renfrew
Lot dimensions
60 x 101.9 FT
Bedrooms
8 above grade
Parking
5 total
Stories
2.5
On market
Oct 16, 2025
Status changed
Apr 24, 2026
Annual tax
$7,027.53 (2025)
Zoning
Residential
Photos
6
MLS#
X12464607
Area
RENFREW

Features and systems

Parking

No Garage

Basement

Full

Heating

Forced airNatural gas

Cooling

None

Exterior

Brick

Foundation

Concrete
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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